Introduction
Farm Yield is a digital farming platform on blockchain that gives people worldwide the opportunity to rent farming lands, machinery and labour to farm and earn profit. At Farm Yield, we leverage the power of blockchain technology to make people from all walks of life become virtual farmers. You can now farm while you go about your other businesses, a step towards combating poverty and hunger.
Background
Over an extended period, food shortage will eventually erase all humans from earth and possibly bring every other living organism in the food chain to an end. We all are responsible for ensuring the availability of food for everyone around the globe and ensuring that a balanced food chain is maintained. We think smart contracts and, for that matter, blockchain technology is a great invention that can help the world produce even above what we can consume through a collaborative effort in farming. We, therefore, present to you our groundbreaking idea in ensuring food availability through virtual farming via the application of smart contracts.
Consumers can scan farm produce to know if it's from Farm Yield.
It records all farming activities with details.
This feature allows individual or group of farmers to obtain loan from the farm field community. Farms from the loan grants will be under the monitoring of agriculture extension officers from the Farm Yield team. 10% of loans will be locked as insurance fund and burned after the loan has been successfully paid. In cases where flood or other natural disasters occur, new tokens will be minted to pay the loan amount.
This feature gives a practical approach to how to grow various crops and trees at home and in the local community.
This feature allows anyone to access agriculture research works sponsored by the farm field Community.
Play a farm-based game and earn reward in FAMY.
This displays a visual view of all farm produce.
We want to raise funds as part of this project's initiative to help the needy in our society.
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