Authors - Akruti Dabas, Madhura Jangale, Rujuta Medhi, Shravani Patil and Kajal Joseph Abstract - Indian agriculture faces significant challenges due to the opacity of the supply chain system with exploitation by intermediaries that reduce profitability and market reach for the farmers. The Agrimitra project uses blockchain and machine learning technologies to solve these issues by facilitating farmer-to-consumer transactions while recording prices in immutable ledgers. In this platform, blockchain is used for implementing smart contracts to maintain transparent pricing whereas machine learning is used to analyze past market trends and generate price-recommendation. Through the use of blockchain technology, farmers can set prices autonomously while keeping transactional records on a blockchain ledger, which cannot be tampered with. The Agrimitra platform addresses several challenges faced by the rural communities in India such as access to real-time market analysis, transparent credit history, buyers’ database, and a community at the regional level to take care of logistics in the transportation network efficiently and effectively.
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