On Food Scarcity : A Blockchain Technology That Aims To Decentralize Food Production

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Food is one thing that is constantly in demand worldwide. Just like and water it is one thing that Human beings need in other to survive

Since 2009 all researchers have shown that at the present population growth the worldwide population will hit 9 Billion by 2050. Africa population is projected to hit a soft cap of 2.5 Billion by 2050, that is the current population of India and China combined

There is a need to produce an 70% more food in other to cover the projected popualtion. 2050 is also so far in the future that it is even hard to relate to It

At the current rate things may even get out of hand before 2050.

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Although there is a current scarcity of food in some areas worldwide, there is also a shocking amount of food wastage happening in some countries worldwide

This is happening across all walks of life, we see food waste all around us. In homes, schools and even Farms, some farmers abandon some food stuffs like potatoes because they are not in the right shapes for supermarkets

While some of these foods end up in Pig farms, many of the food being used to feed animals are infact fit for Human consumption.

The amount of food being trucked away by Grocery stores and super markets are still eye watering. This is a scandal and while we all may suggest donating these foods before they get spoilt, there are still ways to combat this and nip it in the bud

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Demter is a decentralized Blockchain platform that aims to offer an eco system for Farmers and consumers world wide

One of the greatest setbacks when it comes to food production worldwide is funding. A lot of farmers around the world have no access ot funds for seed and other purchases they need to run their farm

There are also places in the world that lack access to markets for some kind of food crops that they may need. With the Demeter platform you can fund a Micro Farm anywhere around the world and get your preferred food stuff delivered to you

The Demeter token (DMT) is an ERC20 token that is based on the successful Ehthereum Blockchain. The token will be used to facitlitate all transactions on the Demeter Blockchain

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One of the advantages of this is the elimination of Middle Men. Farmers around the world suffers at the hands of Coporations who sometimes fix lower prices for food purchase. The ones who sell to the public still suffer at the hands of middlemen who most times end up making more profit than the Farmers themselves

I also believe that the cause of this low prices being paid to Farmers by Huge Supermarkets is hinged in the fact that a good amount of these foods end up in the refuse bin, so they will always want to buy foods as cheap as possible

Demeter helps eliminate the Middle Men and helps Farmers communicate directly with consumers. With Demeter a chef In America can order Tomatoes directly from a Farmer in Italy without the hassles of Middlemen

This enables the production of Helathier food as the consumers have the power to give the Farmers the specs they need and the Farmer will also be happy to oblige since his profit is assured

This system provides a unoque form of Grow Funding as consumers around the world will able to rent Micro fields where their food will be farmed. This will remove a lot of barriers when it comes to the food Industry

I believe that one of the reson most people don;t go Into Farming is as a result of the low income and the risks involved. Blockchain projects like Demeter is going a long way in alleviating a major Industry problem

The Demter Platform will also provide a Marketplace that will enable people around the world to purchase and sell goods and services related to the food Industry

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The team behind Demeter have a roadmap to take this technology round the world , but they are doing it continent by continent starting with Asia

The Phase 2 will see them move to Europe followed by North America, Africa before going global . While it is not possible to totally eliminate food wastage I believe that this will go a long way in shaping a better future for food production and consumption

The Effects of Demeter will be felt across all sectors like the Health sector. The major causes of major health problems like Obesity is fueled by the fact that Junk foods are actually more affordable than healthy foods. Provision of cheaper and healthier food will go a long way in solving most health issues

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Thanks For Reading

Image Source: Pexels and Demeter

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