Utility system for farmers using data analytics and blockchain – KrishiCoin

Abstract

In the present world there is no transparency between data exchanged and information that is traded between farmers and the government administration. Because of the mediation of government authorities in the middle, data may be altered for their own advantages and development of agriculture industry will be hindered. Building up a decentralized, distributed and a verified secure framework to address these issues. The blockchain is utilized to make exchanges between the administration and farmers which decides the minimum support price. The model goes for making security in the chain and exchanges with the goal that the information isn’t altered. Using blockchain in the field of agriculture is to give security to the information traded between the farmers and government. Due to non-transparency in the exchanges and having government authorities in between, there is an opportunity of misusing the information for personal needs which is a noteworthy drawback to the farmers, along these lines blocking the development of the agriculture business. In order to provide security and privacy to the transactions and data exchange, the blockchain technology is used. Likewise, the sentiment and exploratory analysis causes the general population to get a thought regarding the continuous patterns in blockchain and cryptocurrency, which they can utilize to contribute or find out about the equivalent.

Subject Classification:

• 68U68
• Blockchain
• Sentimental analysis
• Cryptography

Keywords:

• Blockchain
• KrishiCoin
• Cryptocurrency
• Decentralized
• Non-transparency