AI powerhouses like IBM and Microsoft are making blockchain for agriculture possible for everyone else.
The software giants have been working with the United States Department of Agriculture to make farming more efficient and sustainable. With AI assistance, farmers can now use data to optimize their operation and reduce waste.
IBM has also been working with the World Food Programme to help feed the world’s growing population by using blockchain technology in food production.
AI Blockchain And The Promise Of Digitizing Farming For the Wealthy Farmers
The use of AI in farming is a new concept and it is still in its infancy. The technology can help farmers increase their productivity, reduce their risks and maximize the value of their crops.
The world’s richest people are looking for ways to get more out of their land and crops, with some even turning to AI farming assistants.
AI blockchain will be able to digitize the farming process for these wealthy farmers by using sensors to track the weather conditions and crop yield, as well as using data analysis tools that can predict crop yields based on historical data.
Financing to make Agricultural Technology sustainable & profitable
The agricultural sector is one of the most important sectors in the world. It contributes about $9.2 trillion to global GDP and employs about 2 billion people worldwide.
This sector is not only important for its economic value, but also because it has a huge impact on people’s health, environment, and food security.
Despite its importance, the agricultural sector faces many challenges including low profitability and lack of access to finance. These challenges have led to low growth rates in recent years.
The World Bank predicts that by 2030, the global agricultural GDP will be just 0.5% higher than it was in 2010 while simultaneously predicting a decline in employment numbers from 1 billion to 930 million people worldwide by 2030.
In order to make this sector sustainable and profitable again
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