This new project is to streamline the supply chain networks - including distribution - of milk, vegetables, and fish in the state using blockchain technology. The Kerala Development and Innovation Strategic Council (K-DISC) will spearhead the project that will involve RFID tags and the use of Internet of Things (IoT) devices to monitor transportation. K-DISC chairman K M Abraham claimed that blockchain will monitor production, procurement, and distribution of milk to provide speedy delivery to millions of people on a daily basis. The transportation of milk within specific temperatures in refrigerated trucks will also be displayed through RFID tags and IoT equipment.
Every single element of the network will have a particular ID that will be recorded on the blockchain, making able real-time monitoring of the quality of the product at its source at every step of the chain. Fish-landing spots and farmlands will be connected using geo-coded images, enabling real-time demonstration and verification of goods at every single step of the delivery process from warehouses and retail centers via their point-of-sale locations of the client.
The government of Kerala is also thinking about the use of blockchain tech for its crop insurance scheme provided to farmers. Working further, the authority explained blockchain technology will assist ascertain if crop losses were actually due to natural causes and will help negate disputes between insurance providers and farmers, alongside eliminating the need for intermediary altogether.
Kerala`s capital city of Thiruvananthapuram is already home to a blockchain ‘academy’ wherein students are taught on blockchain solutions with a special focus on the banking and healthcare sectors.