Blockchain Technology in Agriculture
Sponsored by the Agricultural and Food Law Consortium
Topic:
Blockchain technology allows users to transfer value or assets between each other without the need for a trusted intermediary. The internet allowed for the digital transfer of information; Blockchain allows for the digital transfer of value, using a distributed or decentralized ledger that is immutable, anonymous, and secure. Blockchain technology has also provided the verification and networking needed to enable “smart contracts”, which allow users to codify significant parts of a workflow process, agreement, or task. Blockchain technology has many applications, including solutions to problems in agriculture, including traceability of food products, finance, insurance, and supply chain transactions. Many companies are working on or have developed solutions in all of these areas that reduce agriculture industry transaction costs and create new networks.
This webinar presentation explains what blockchain is, how it works and how it can solve the problems in agriculture by improving transparency in the supply chain, expanding financial options for farmers, and allowing immediate payment on delivery. We will explore some actual companies operating in the market and offering blockchain solutions in agriculture and smart farm initiatives.
Participation:
This webinar was recorded on October 3, 2018. To listen to a recording of the webinar, please click here.
Presenter:
Roger Royse
Royse Law Firm
Roger is the founder of Royse Law Firm, a business and tax law firm with offices in Northern and Southern California. Roger practices in the areas of corporate and securities law, domestic and international tax, fund formations, mergers and acquisitions, and initial coin offerings (ICOs). His clients include international emerging and middle-market companies and high net worth individuals. Roger has represented companies in a variety of industries, including agtech, clean tech, fintech, life sciences, real estate, retail, and mobile devices and applications. Practicing since 1984, Roger’s background includes work with prominent San Francisco Bay area law firms as well as Milbank, Tweed, Hadley and McCloy in New York City. Roger is also an adjunct professor at the Golden Gate University Law School Tax program (Corporate, International, Property Transactions) and is a frequent speaker, writer, radio guest, blogger and panelist for bar associations, CPA organizations, and business groups.