A lawmaker in Nebraska has submitted a legislative proposal that, if accepted, would clear the best way for state officers to research the potential use of blockchain tech in agriculture.
The legislation, sponsored by State Senator Carol Blood, proposes “to check the potential functions for blockchain expertise in agricultural operations.”
Particularly, the invoice requires particular areas of examine together with “how blockchain expertise can be utilized to hint the origin of merchandise from farm to shelf,” “the potential use of blockchain to observe farm situations, together with, however not restricted to, climate, soil high quality, and the functioning of irrigation gear” and “implementing using blockchain for information verification and certification for natural merchandise.”
The examine would additionally hone in on “the potential use of blockchain as a device for asset change, together with funds for gross sales and storage of merchandise and gear,” amongst different areas.
Nebraska is predominantly an agricultural state. Data from the state authorities reveals that farms and ranches embody greater than 90 % of the state’s land whole as of 2019, and Nebraska’s agricultural exports amounted to $5.8 billion that yr.