Using blockchain to store agricultural data is a great way to check the quality of products and thus earn customer trust due to its transparent nature, experts have said at a conference in Can Tho City on July 5th 2018.

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                                                                                                    Conference about Using Blockchain in Agriculture in Can Tho 

The conference on using blockchain to increase the value of Vietnamese farm goods was held by the Vietnam Chamber of Commerce and Industry (VCCI) Can Tho and Lina Network Joint Stock Company.

Mr. Nguyen Phuong Lam, deputy director of VCCI Can Tho, said the Mekong Delta is Vietnam’s largest producer and processor of agricultural products, especially rice, fisheries and fruits. But export value growth has been stagnant due to the reliance on raw products and limited adoption of advanced technologies and techniques. The lack of ties between farmers and businesses also makes it difficult to check product origin and quality, he added.

Mr. Vu Truong Ca, chairman of Lina Network, said blockchain technology is used by many agricultural businesses in other countries to help customers know about product origin. Storing data using blockchain offers more transparency since it is available to everyone and highly resilient to alterations, which greatly improves the process of checking product origin and quality.

Other experts said blockchain technology can be used to store data about the processing stages a product goes through, meaning distributors and customers can assess its quality.