The agriculture industry could see a huge boost from blockchain technology, predicted to hit $430 million within five years.
According to a new report – Blockchain: Agriculture Market Forecast until 2023 – the blockchain in agriculture and food supply chain market will be valued at $60.80 million in 2018, before rising to $429.70 million in 2023 at a growth rate of 47.8 per cent year over year.
The report summary reads: “According to the FAO, every year about one-third of the food produced globally is wasted, which calls for a need to
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