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Applications of Web 3.0 and decentralisation in Indian agriculture.

Authors :
Tyagi, Abhinav
Dwivedi, Parth
Krishanraj, N.
Source :
AIP Conference Proceedings. 2024, Vol. 3075 Issue 1, p1-11. 11p.
Publication Year :
2024

Abstract

The coming age of technology (after read-only web i.e. Web 1.0 and interactive web i.e. Web 2.0) is moving towards a more secure and transparent decentralized web i.e. Web 3.0 which is implemented using blockchain. With a developing economy like India which has over 20 percent contribution to the economy from agriculture, much higher than the world average of around 6 percent, it becomes very important to upgrade and make systems and practices in this sector more transparent, tamper-resistant, and advanced. This leads to more production of goods, decreased workload for the farmer, and better security of systems and data. Decentralization also gives more power to the farmer of his data and privacy so he can't be exploited and sabotaged by others. This paper discusses theoretical concepts and practical applications (like decentralized storage, and identity checks) designed for farmers that can be implemented using Web3 to make Indian agriculture more progressive and productive. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
0094243X
Volume :
3075
Issue :
1
Database :
Academic Search Index
Journal :
AIP Conference Proceedings
Publication Type :
Conference
Accession number :
178685731
Full Text :
https://doi.org/10.1063/5.0220280