Nagesh Manepalli - Head of Research : Food, Beverage, Animal Nutrition & Agriculture, at MarketsandMarkets™, shares his Point of View. Blockchain has been acknowledged as a disruptive technology in terms of compliance, traceability and fraud control. The developments in the recent past reflects the advancements in blockchain technology with wide adoption in food and agriculture supply chain:
In the recent past, Indoor farming technology is gaining traction across the world. Moreover, the integration of latest technologies is bolstering the farming technology to move at a faster pace. Advance agricultural science coupled with investment flow is a perfect match to ensure the world is expected to have a new wave towards indoor farming.