Conference System of NULES of Ukraine, GLOBAL AND REGIONAL PROBLEMS OF INFORMATIZATION IN SOCIETY AND NATURE USING 2021

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POSSIBILITIES OF IMPLEMENTATION OF BLOCKCHAIN TECHNOLOGY IN THE AGRICULTURAL SECTOR
Kostiantyn Rogoza

Last modified: 12-05-2021

Abstract


It is determined that distributed ledger technology (blockchain) and smart contracts provide unique opportunities to increase efficiency, transparency and tracking in the exchange of values ​​and information in the agricultural sector. Through the use of digital records and encryption, as well as the abandonment of intermediaries in the conclusion of agreements and storage of information, the blockchain can provide a variety of improvements, both supply chains for agricultural products and measures for rural development. The directions and features of introduction of blockchain technology in the agricultural sector are considered.


Keywords


digital technologies, blockchain, smart contracts, agricultural sector