Posted on December, 5, 2018 at 10:58 am
By Christine Kasemiire
Kampala. Commercial farmers should embed technology in their activities to accrue maximum profits, an IT consultant has advised.
Speaking at 8th East Africa blockchain and Cyber Security conference recently, Mr Edgar Kawanguzi, an IT consultant, said those who take it up fast that reap the most harvest and not those who join the bandwagon much later.
Mr Kawanguzi who is currently working towards applying technology at FACOM, urged farmers to apply blockchain technology in agriculture because that is the future.
Blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not pnly financial transactions but virtually everything of value, according to Don and Alex Tapscott, the authors of Blockchain Revolution (2016).
“With block chain ,you don’t need the middlemen. This makes a lot of sense to a farmer because it reduces costs,” Mr Kawanguzi said in his presentation last week at International University of East Africa, the host of the conference.
He continued: “Blockchain can be applied in agricultural supply chain. With it, you can know everybody involved in the value chain and their specific roles. So you can be able to trace anything to the source with this technology and actually get to know where the food on your plate is coming from.”
You will also have access to your information which in any case will be recorded, stored and readily accessible.
The Vice Chancellor of International University of East Africa, Dr Emeka Akaezuwa, noted that technology is no longer avoidable.
He said that future business will be dictated by digital technology, arguing that the signs are already evident.
Source: Daily Monitor