Blockchain can change the Agricultural Sector in India Forever
Blockchain has been the buzzword for quite some time now. The aura surrounding the ‘bitcoins,’ gave its underlying technology ‘blockchain’ an unprecedented limelight. While bitcoins legality and future in India is still in doldrums, blockchain has the capacity to disrupt the ever stressed agrarian sector. What is Blockchain? In technical terms, blockchain is defined as a distributed and decentralized ledger. Unlike traditional systems, where transactions are stored in physical ledger or in a single database; blockchain felicitates every member to store transaction in a decentralized data log maintained on the…