Digital Sharecropper: Connecting Landowners, Farmers, and Investors Through Blockchain
1Department of Computer Science & Engineering, Shahjalal University of Science & Technology, Sylhet, Bangladesh
2Business Technology & Management, Islamic University of Technology, Dhaka, Bangladesh
A Paper Submitted in Partial Fulfilment of the Requirements for IBCOL 2023
Sustainable Development Goals
Keywords
Abstract
Many nations' agricultural industries are struggling with issues like underutilized arable land and inadequate infrastructure as a result of low investment, which raises severe questions about the availability of food and general economic growth. We propose a blockchain-powered smart agriculture system that links farmers, landowners, and investors to give farmers access to land and financial resources in order to fulfill the growing need for food and address the aforementioned issues. The method simplifies land sharing and profit-driven crowdfunding by utilizing blockchain technology, which promotes open and accountable relationships among all parties involved. In order to demonstrate the system's application, we describe its architecture, show off its created system, and provide an example of a use case in this article. Next, we evaluate the performance of the developed system by measuring response time and latency. Finally, we discuss the advantages of the developed system, how it will affect sustainable agriculture, and what success criteria are essential to the project's success.