In an effort to transform the value of the water, Kilimo, with support from RSK, a leader in blockchain technology in Latin America, is incorporating a blockchain tool to measure the water footprint of food production using satellite data at the land plot level.
Kilimo, the renown AgTech company which has been providing fast and reliable irrigation recommendations for improving output and reducing direct costs for producers of agriculture,has begun issuing verifiable, unforgeable, transparent smart certificates, protected by blockchain and supported by RSK’s smart contract platform. By providing a few pieces of information, a producer can receive a certificate bearing the estimation of the direct blue and green water footprints of their establishment.
Water is essential to agricultural production and food safety. 70% of the water extracted from aquifers, rivers and lakes today is used in agriculture while 20% is used in industry and 10% is destined for household use.
The water crisis is among the top ten highest probable risks faced by the world’s population. We are facing off with a new challenge that compels us to use our natural resources more efficiently over time: we need to produce more using less water.
There is a huge potential to take advantage of digitalization and new technologies to make agriculture more efficient. The demand for water for irrigation will increase and, in some regions, it will intensify the risks and the tensions associated with water scarcity. For this reason, it is necessary to measure how much water is used, to be able to manage its use and make it more efficient.
Transforming the value of water in agriculture means placing a sure bet on innovation, and “Kilimo is at the global cutting edge thanks to blockchain technology and its capacity for easy access to transparent, immutable data, from anywhere in the world.” “The food sector is taking giant steps to implement this technology in its origin phase, in agriculture. This is a technology with the potential to create new foundations for economic and social systems,” says Jairo Trad, CEO and cofounder of Kilimo.
Diego Gutierrez Zaldivar, cofounder of RSK y CEO de IOVlabs commented: “We are very proud that Kilimo has chosen RSK as the platform upon which to develop this strategic solution that will contribute to sustainability, which is one of the most important priorities in the world-wide agenda.”
Security is one of the most important benefits afforded by this technology in the water footprint certificates issued by Kilimo through RSK’s smart contract platform. Their network is fast, efficient and beyond safe. All this information is saved and verified as soon as it is generated. Furthermore, decentralization lessens the need for intermediaries. There is confidence in the information given and obtaining it is easy: only a few pieces of information are necessary.
Kilimo is a startup based in the province of Cordoba, Argentina, that provides support to over 10 countries.Its mission is to simplify irrigation management in agriculture, improving the economic equation in favor of the producer and reducing environmental impact.
The RSK network is the world’s most secure smart contract platform, secured by the incomparable hashing power of Bitcoin, through merged mining.
RSK’s goal is to add value and functionality to the Bitcoin ecosystem by supporting smart contracts, practically instant payments, and greater scalability.
The network scales up to 100 transactions per second without sacrificing decentralization and it reduces storage and bandwidth through probability verification, fraud detection and more.
For more information, visit https://www.rsk.co/.Back