In a bid to improve agricultural standards in the East African Countries, the East Africa Community(EAC) has implemented Blockchain technology to support agrifood.
The EAC said the application of the blockchain is due to the potentials of agriculture as an integral part contributing to the economic growth of the continents.
The agriculture is the backbone of the economy, hence, applying the blockchain to support agrifood cannot be overemphasized.
The development, however, includes the application of distributed ledger technology(DLT) in the agri-food sector, particularly in the six countries of the East African Community which includes Uganda, Kenya, Tanzania, Rwanda, Burundi, and South Sudan.
Emphasizing on the importance, agriculture has contributed immensely in nation-building, it is the most important export which contributes about 50 percent.
Over the years, the agricultural sector has witnessed financial investment setbacks. Also inaccessibility to timely market information, the continued use of old fashioned techniques and therefore the absence of quality agriculture are a problem many of these countries are facing.
According to EAC, the innovation is geared to foster the enhancement of the agrifood due to the fact that the Eastern African countries are recognized for the increasing population growth rate, rich valuable minerals, political instability, naturally fertile soil, and all-season favorable climatic conditions, the relative lack of regulation, among others.
In this trend of technology, all sectors are now seeing potentials revamping the industry since the introduction of technology.
This is why the EAC has seen the development as a great move in supporting agrifood with the application of blockchain.
The application of the blockchain has also contributed to other agricultural businesses like coffee production in Burundi. The Blockchain has helped in Telecommunication, Electronics, and Computer Engineering.
Moreso, blockchain technology was adopted by Café Connoisseur technology. It helps to track the coffee supply chain from the producer to the consumer.
However, Uganda is reported to be among Africa’s largest exporter of coffee. Through the DLT, it ensures the certification of the places of collection and the species of cultivated coffee.