What sold me on VeChain

It's entrance into the agricultural and food sectors.

When people think of farmers they usually think of migrant workers, hillbilly’s, dirt and the smell of manure.

What is often overlooked is industrial-scale farming is very scientific, and very technological. Everything is measured out precisely.

From the genetically modified seeds to the pesticides, herbicides and fungicides used – today more than ever, advancements in technology are crucial to making sure the population can sustain itself.

Technology is most apparent in the agricultural industry through controlled atmosphere cold storage and temperature controlled shipping. To ensure maximum freshness and longevity of fruits and vegetables, temperatures and relative humidity are kept at very specific levels depending on the crop being stored. The ethylene levels are also measured and in many cases artificially lowered or “sucked out”. Temperature monitoring systems have also been developed to ensure the cold-chain is being kept every step of the way. All of this allows temperature sensitive fruits and vegetables to travel across continents and oceans while maintaining their quality and freshness. Because of these breakthroughs and meticulous handling, consumers around the world can enjoy nearly any fruit or vegetable at any time of the year.

VeChain is breaking into this industry, and dare I say have the potential be as big a breakthrough and emerging technology as cold-storage and cooling systems were? So how can VeChain impact the agricultural sector?

Unlike a lot of other industries and sectors, the agricultural sector is one that has been waiting for blockchain to come to their aid for years. They welcome blockchain not with skepticism but with open arms and a welcome gift – a way for blockchain technology to prove itself in the real world. A world full of doubt and critics.

One of the biggest problems in the agricultural supply chain is transparency. And blockchain solves this.

1. Total visibility. With blockchain, every event that occurs in the supply chain can be a recorded transaction, chronologically logged and visible to every participant. Each timestamped transaction—from activity in the field to delivery at the store—is linked to a previous block and can be viewed or added to, but the data that’s already recorded cannot be changed.
2. Security. Blockchain uses cryptography that ensures records and transactions can’t be changed or counterfeited, so no party can cheat the system—there’s one source of truth. And, because blockchain is decentralized and distributed, with millions of personal computers holding the record blocks submitted by other users, it’s difficult for a hacker to take down or corrupt the system.
3. Traceability. Blockchain’s unshakable record of every transaction makes it a natural support system for food safety and traceability. This visibility to a commodity’s movement through all stages of processing and distribution can play an important role in preventing contaminated food from reaching consumers. Blockchain creates universally transparent transactions, but what does that mean for fresh produce and the cold chain? With blockchain technology, all parties involved can see all events in the supply chain, from field to consumer. Consider, for example, the clarity, planning power, and product knowledge you’d have if you could see everything that has to do with the produce you need in your store. With blockchain, you could see which seed varieties were used, planting times and conditions, yield forecasts, harvest information, packing updates, and shipment details.

VeChain will change the world. In the future people may or may not use crypto as a currency. They may or may not play Tron Dogs. They may or may not gamble on the blockchain. But what WILL happen, is implementation into the supply chain - in particular perishables and highly temperature sensitive commodities.

The fact that VeChain is one of the few projects out there that have even bothered to tackle this issue is mindblowing, and at the same time a vote of confidence into their vision and knowledge.

submitted by /u/bbqyak
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