Product development
Cardus leverages the power of Blockchain technology, Artificial Intelligence and Internet of Things to create deeply valuable applications and products.
Cardus Inc. has developed dFarm’s Blockchain framework. It is cutting-edge technology in the field of agriculture to create systems that will record the journey taken by the produce through the supply chain by utilizing the power of a shared secure ledger.
Records the journey taken by produce through the supply chain by utilizing the power of a shared secure ledger.
Ensures that farmers receive fair payment for their produce and enables retailers to verify that they are getting paid quickly and properly.
Minimizes fraud, maximizes transparency and ensures that each link in the supply chain is quickly satisfied. The connection between commodity buyers and farmers can now be monitored more closely with distribution channels being streamlined even further.
Agriculturists often have extensive contractual obligations to a multitude of stakeholders. Blockchain helps in hedging contracts and pre-sales of harvests.
Every step of the transaction process is recorded using Hyperledger Blockchain technologies. Once the retailers are paid, the money will be instantly distributed to all parties involved from farmer to retailer efficiently and transfer payments can be monitored via dFarm’s mobile app.
All pricing is set by dFarm’s business model, which establishes the MVP rate. Even suppliers in rural areas are able to determine what their produce is currently worth and at a price that reflects global market conditions.
Using Blockchain data monitoring allows farmers to capture data in real-time that will help them plan estimation of produce production more efficiently and maximize the success rate of their harvests.
Blockchain can take human tasks and automate them in order to minimize errors. Also, AIMS Blockchain can present information to farmers regarding tainted products throughout their supply chain i.e type of crops and from the farm they were grown.
All electronic payments are settled to all the parties involved, including the farmer.