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Ethereum Track : Bitfarm
Bitfarm is an agro-supply chain with a motive of eradicating middlemen system which is the staic stigma to the business of the farmer and customer.
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Created on 5th March 2020
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Ethereum Track : Bitfarm
Bitfarm is an agro-supply chain with a motive of eradicating middlemen system which is the staic stigma to the business of the farmer and customer.
The problem Ethereum Track : Bitfarm solves
Farmers in developing countries are heavily dependent on bank loans. Due to this heavy debt , farmers can't maintain a steady production of agriculture. Micro-finance can help these farmers out of debt.
Challenges I ran into
Achieving Concensus for our system was a little challenging as farmers are the one pushing the block in blockchain indirectly. Integrating matic has also been challenging as it's a new technology and this the first time we were using it. Making bussiness model for our idea was also difficult because we have to look for profit of both farmers and consumer.
Discussion
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