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Blockchain - A solution to the problem of exporting agricultural products
With Blockchain, all transactions in the agricultural value chain will be public and transparent. This is the solution to the problem of exporting Vietnamese agricultural products.


This is a review of experts at the workshop "Blockchain Technology 3.0" recently organized by the Southeast Asia Institute of Science and Education.

Director of Southeast Asian Institute of Science and Education Nguyen Ngoc Ngan shared that scientific and technological achievements are creating a new era, deeply affecting all aspects of production and business, from products, consumption, skills, business models, governance methods to operate global value chains, affecting the interaction between market economy and the state. In which, cannot ignore Blockchain 3.0 technology.

However, Vietnamese farmers are now following traditional farming, no standard production process, failing to meet food safety standards, drug residues and uniformity of goods. Therefore, it is very difficult to export to big and fastidious markets, such as the US, Japan, Europe and etc. Therefore, almost agricultural products are only consumed in the domestic market as well as sold to China.

At the seminar, Mr. Phan Ngoc Vu - Director of Singapore CSE SG PTE LTD Technology Research and Development - said the blockchain's feature is that the data stored in the blockchain will not be overwritten or modified, each block of data will exist forever. The sold products will be saved to the whole process starting from planting, growing and harvesting. Therefore, the application of blockchain technology for agriculture solves the problem of confirming information about origin and product quality.

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