1、 https:/crsreports.congress.gov May 12, 2021Blockchain Technology and AgricultureSome stakeholders in the technology, agriculture, and food sector have advocated for the use of blockchain technology to trace agricultural products as they move through the supply chain and to verify their authenticity
2、. Many expect use of blockchain technology to increase in this sector. Congress may consider federal investments in blockchain technology research, technical assistance, and infrastructure to support emerging applications of this technology. Congress also may face questions regarding the regulation
3、of particular uses of blockchain technology. What Is Blockchain Technology? Blockchain is a distributed ledger technology for securely recording and authenticating information about sequential events or transactions. It is commonly associated with the financial services sector due to its use in cryp
4、tocurrencies, but it also has potential applications in agriculture. Unlike traditional data systems, blockchain technology does not rely on a central authority to maintain records or verify transactions on behalf of users. Instead, members of a blockchain platform each have access to automatically
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