This blockchain company brings modern AgTech to smallholder farmers in developing countries
The gap between technology and affordability prohibits farmers from maximizing land usage, a key contributor to world hunger. As 2050 approaches, the global population is projected to reach 9.7 billion, necessitating a significant increase in food production. Unfortunately, the hunger problem persists, with over 1 billion people going to bed hungry each day in 2021, and experts say the issue has been worsening over the last five years. Fortunately, many experts agree that modern technology, including artificial intelligence (AI), can improve the world’s outlook on food production. Climate change, which causes shifts in temperature and precipitation patterns, is partly to blame for the change in the growth of crops and the availability of water for irrigation. These climate and landscape changes, in turn, lead to reduced crop yields. Modern Technology can use satellite imaging to assess deforestation, and by differentiating between trees, crops, forested areas and clear-cut areas, expe...