Kerala Government To Use Blockchain Technology To Improve Supply Chain Network of Food Products
The Government of Kerala is working on a plan to use the Blockchain technology to ensure a better-organized distribution process of vegetables, milk and fish. The state’s think tank, Kerala Development & Innovation Strategic Council (K-DISC) will be looking after the formulation and implementation of the technology with the sales and distribution process of the aforementioned products.
The organization, K-DISC, has also initiated a programme called Accelerated Blockchain Competency Development (ABCD) project to train students about the technology and its implementation in various domains. This will provide these students an early mover’s advantage in this domain and help them in seeking the benefits of the immense job potential in India and overseas.
According to Mr K M Abraham, K-DISC Chairman, the integration of Blockchain technology in dairy will ensure a better delivery of quality milk by creating a monitoring system on the various processes of distribution including procurement, production and distribution. According to Abraham, a separate ID can be created at every point of the process and the product’s quality can be monitored at every step.
The integration will also witness the deployment of Internet of Things (IoT), RFID Tags and applications to monitor movements of the trucks and storage refrigerators along with other parameters like the ideal storage temperature and time of storage etc.
The organization is also working on making the crop insurance process smarter with the help of the Blockchain technology. This will ensure timely disbursement of compensation to the farmers who are suffering loss of crops due to natural calamities. This will make the whole process, from insurance to coverage and settlement completely hassle-free. Implementation of this process will also help in resolving the dispute by ascertaining if the loss happened due to a natural calamity or something else. Moreover, it will also eliminate the role of any middleman in the insurance process.