Kerala To Use Blockchain Technology To Organise Supply Chain Network😎

Kerala had recently launched a major programme to train students in Blockchain technology, providing them with the early-mover advantage.

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Kerala To Use Blockchain Technology To Organise Supply Chain Network
Tech, Media & Telecom Press Trust of India
Kerala had recently launched a major programme to train students in Blockchain technology, providing them with the early-mover advantage.
Updated : June 17, 2018 15:32 IST
Project is being implemented through the Kerala Development and Innovation Strategic Council

Thiruvananthapuram: The Kerala government has embarked on a strategy to leverage the Blockchain technology to streamline purchase and distribution network of milk,vegetables and fish in the state. The project is being implemented through the Kerala Development and Innovation Strategic Council (K-DISC), state's think-tank mandated to formulate and implement plans to create a healthy and conducive ecosystem with the help of new technologies.

The state will also make its crop insurance scheme smarter and fool-proof, ensuring quick processing and settlement of claims to farmers suffering crop losses, a release said here today. K-DISC had recently launched a major programme to train students in Blockchain technology, providing them with the early-mover advantage in this system, which has huge job potential in India and abroad.

In the dairy sector, the project will ensure speedydelivery of high quality milk by continuously monitoringproduction, procurement and distribution through an electronicledger, Chairman of K-DISC, K M Abraham said. Each component of the supply network will have a separateID number, using which the source and quality of the productcan be checked at every point of the chain, he said.

New technologies like the Internet of Things (IoT) willbe employed and RFID Tags and mobile applications will be usedto monitor the movement of trucks and refrigerated tanks tomake sure they adhere to fixed parameters like temperature inwhich the products are to be kept.