Exploring the advantages of blockchain technology for smallholder farming

This briefing note is intended as a primer on blockchain and a spur to begin considering how best to capitalize on blockchain technology to achieve IFAD’s objectives.

Several development agencies have already expressed their vision of blockchain and discussions continue among them on how best to tap into the opportunities of blockchain for agriculture.

This note also explores potential applications for blockchain in IFAD’s business. It offers a useful overview of potential directions for IFAD to consider as well as recommendations for initial steps the Fund can take.