Advancements Explores Breakthrough in Blockchain Technology for the Ag Industry
JUPITER, Fla., March 12, 2020 /PRNewswire-PRWeb/ -- An upcoming episode of Advancements with Ted Danson, scheduled to broadcast 3Q/2020 will focus on innovations in software and technology for farm supply chain management. Check local listings for more information.
While agriculture is the most significant sector in rural areas and provides a livelihood for 70 percent of the world's poor, it is also the industry that provides the biggest disconnect between supplier and retailer. In this segment of Advancements, the series will discover how dFarm® uses blockchain technology to record the journey taken by produce throughout the supply chain, by utilizing the power of a shared secure ledger.
"dFarm's innovative game-changing technology is one of the first in the agricultural supply chain to use the blockchain, artificial intelligence, IoT, big data, mobile applications, and more, to manage operations. The AIMS™ (Agriculture Information Management System) technology working as a SaaS (Software as a Service) application, will help farmers to interact efficiently with an extended supply chain system using cold storage, logistics, pack-houses, processing centers and distributors as a service industry. All of these performing partners are integrated into our AIMS™ system to increase efficiency and a considerable reduction in produce spoilage," said dFarm, Inc President & CEO, Venkatesh Babu Vadlamudi.
Mr. Vadlamudi continued to say, "blockchain technology enables a better payment system with more secure and instantaneous settlements, helping farmers to reduce cashflow issues and reduce working capital requirements for vendors in the produce supply chain."
Spectators will see how older agricultural models are experiencing a resurgence as a result of using the blockchain to improve established practices. In addition, the segment will discover how the blockchain is solving several issues throughout the agricultural industry.
"The power of the blockchain ensures farmers receive fair payment for their produce and establishes retailers to verify that they are getting paid quickly and properly," said DJ Metzer, senior producer for the Advancements series. "The real-time ledger minimizes fraud, maximizes transparency, and ensures that each link in the supply chain is quickly satisfied. We look forward to enlightening audiences on all that the technology has to offer.
The show will also teach about how the technology allows connection between commodity buyers and farmers for closer monetization with distribution channels being streamlined even further.
About dFarm:
On a mission to become a partner of choice for the farming community, dFarm provides solutions that enable farmers to focus on more important things; their crops. dFarm is dedicated to building an Agriculture Information Management system (AIMS™) that incorporates Good Agriculture Practice (GAP) and is forever committed to solving the big issues and challenges facing today's agriculture industry, from farm to fork. For more information, visit: http://www.dfarminc.com.
About Advancements and DMG Productions:
The Advancements series is an information-based educational show targeting recent advances across a number of industries and economies. Featuring state-of-the-art solutions and important issues facing today's consumers and business professionals, Advancements focuses on cutting-edge developments, and brings this information to the public with the vision to enlighten about how technology and innovation continue to transform our world.
Backed by experts in various fields, DMG Productions is dedicated to education and advancement, and to consistently producing commercial-free, educational programming on which both viewers and networks depend.
For more info, please visit: AdvancementsTV.com or call DJ Metzer at 866-496-4065.
SOURCE Advancements