A New Era of Agro-Crudetrade technology

What We Do

What We Do?

Farmers play a very vital role in our survival because they provide us food that sustains the very life form. It is this selfless service that inspired ModelFarming founders to launch a platform to support the hard-working farming community and create better management processes for agricultural practices.

We believe ‘farmer is the king’, who deserves to earn a respectable livelihood. We are bringing technological transformation at the grassroots level, which is bound to increase the yield and in turn boost farmers’ profits. It’s time to give back to our caretakers. After all, a happy farmer means a happy and rich nation!

Let your business to grow with us !

Agriculture is the single largest employer in the world
There are 914 million acres of farmland just in the U.S.
40% of the worlds population is in agriculture.
9 million organic producers world wide - and growing.
30% of the 3.3 million farm operators are women.

Global Blockchain

The global blockchain in agriculture and food supply chain market size is estimated to be USD 133 million in 2020 and is projected to reach USD 948 million by 2025, at a CAGR of 48.1% during the forecast period.

Blockchain technology is revolutionizing the food and agriculture sectors by enhancing the decision-making capabilities of organizations. It finds several potential applications in these sectors, some of which have already been explored.

The major applications of blockchain technology in food and agriculture include product traceability, tracking and visibility, payment and settlement, smart contract, governance, risk, and compliance management. The blockchain market is expected to grow, owing to an increase in the demand for supply chain transparency.

The major driver of the blockchain market is the growing number of food fraud cases. The growth RATE of small and medium-sized enterprises is higher as several startups are investing in this market across the globe and understanding the benefits this technology offers.

Benefits of implementing the Blockchain in Agriculture

The four benefits of implementing blockchain technology in agriculture are :

Improved quality control and food safety
Increased traceability in the supply chain
Increased Efficiency for farmers
Fairer payments for farmers

Blockchain technology enables peer-to-peer transactions to occur transparently, eliminating the need for an intermediary such as a bank (as in the case of cryptocurrencies) or a middleman in the agricultural sector. By eliminating the need for a central authority, technology changes the way trust is granted – instead of trusting an authority, trust is placed in cryptography and peer-to-peer architecture. As a result, it contributes to the re-establishment of trust between producers and consumers, potentially lowering transaction costs in the agri-food market. Blockchain technology enables the traceability of information in the food supply chain, which helps to improve food safety. Furthermore, it has the potential to reduce transaction costs, increasing farmers access to markets.

Future of Blockchain

The Future of Blockchain in the Agriculture Industry Blockchain is a growing technology. Even though it has begun to revolutionize many industries, there is still a long way to go.

However, it’s becoming increasingly clear that there are opportunities for blockchain technology in the agriculture industry. The global agriculture industry is now worth over 2.4 trillion dollars and has over one billion people involved worldwide. Now, more than ever, there is an opportunity for innovation.