In an effort to transform the value of the water, Kilimo, with support from Rootstock, a leader in blockchain technology in Latin America, is incorporating a blockchain tool to measure the water footprint of food production using satellite data at the land plot level.
Kilimo, the renowned AgTech company that has been providing fast and reliable irrigation recommendations for improving output and reducing direct costs for producers of agriculture, has begun issuing verifiable, unforgeable, transparent smart certificates, protected by blockchain and supported by Rootstock blockchain. By providing a few pieces of information, a producer can receive a certificate bearing the estimation of the direct blue and green water footprints of their establishment.
Water is essential to agricultural production and food safety. 70% of the water extracted from aquifers, rivers, and lakes today is used in agriculture while 20% is used in industry and 10% is destined for household use.
The water crisis is among the top ten highest probable risks faced by the world’s population. We are facing a new challenge that compels us to use our natural resources more efficiently over time: we need to produce more using less water.
There is a huge potential to take advantage of digitalization and new technologies to make agriculture more efficient. The demand for water for irrigation will increase and, in some regions, it will intensify the risks and the tensions associated with water scarcity. For this reason, it is necessary to measure how much water is used, to be able to manage its use and make it more efficient.
Transforming the value of water in agriculture means placing a sure bet on innovation, and “Kilimo is at the global cutting edge thanks to blockchain technology and its capacity for easy access to transparent, immutable data, from anywhere in the world.” “The food sector is taking giant steps to implement this technology in its origin phase, in agriculture. This is a technology with the potential to create new foundations for economic and social systems,” says Jairo Trad, CEO and co-founder of Kilimo.
Diego Gutierrez Zaldivar, cofounder of Rootstock commented: “We are very proud that Kilimo has chosen Rootstock as the platform upon which to develop this strategic solution that will contribute to sustainability, which is one of the most important priorities in the worldwide agenda.”
Security is one of the most important benefits afforded by this technology in the water footprint certificates issued by Kilimo through Rootstock sidechain. Their network is fast, efficient, and beyond safe. All this information is saved and verified as soon as it is generated. Furthermore, decentralization lessens the need for intermediaries. There is confidence in the information given and obtaining it is easy: only a few pieces of information are necessary.
About Kilimo
Kilimo is a startup based in the province of Cordoba, Argentina, that provides support to over 10 countries. Its mission is to simplify irrigation management in agriculture, improving the economic equation in favor of the producer and reducing environmental impact.
Find out more about Kilimo at http://www.kilimoagtech.com.
Social networks: Twitter @AgroKilimo / Facebook @agrokilimo / Instagram @agrokilimo
Contact information: Jairo Trad jairo@kilimoagtech.com
About Rootstock
Rootstock is the first, biggest, and longest lasting Bitcoin sidechain. It is the only Bitcoin layer 2 that combines the security of Bitcoin’s proof-of-work, with Ethereum’s smart contract capabilities.
Rootstock is open-source, EVM-compatible, and secured by over 60% of Bitcoin’s hashing power, which makes it a gateway to a vibrant ecosystem of dApps that continues to evolve to become fully trustless.