IoT platforms
The Internet of Things, which also includes IoT platforms, is currently gaining in popularity. This technology is used to transfer information from individual farmers to agricultural enterprise management centers. Such platforms are relevant for outlying regions. Similar data transmission systems are indispensable for large greenhouse farms where the lion's share of costs comes on heating as they can help cut down expenses. When such a system transmits information, the agricultural enterprise management center receives details about the state inside the greenhouse, such as temperature, humidity, light, etc.
Digitally-controlled container farms
Such an innovative farm is based on a 40-foot sea container equipped with electricity and water supply systems. A similar farm can be loaded with seeds and sent by railway to the other end of the country. There, it will be connected to a common network to start seedling growth. In order to function, a container farm needs electric power and mobile communications so that it can transmit data on soil moisture, water supply, and air temperature to the operator. These farms do not need fertile soil. Once crops are harvested, the container can be loaded with new seeds once again.
Digitalization of precise fertilizer calculation
This is an extremely precise fertilizer calculation technology which is based on soil composition data. In this regard, accuracy in the choice of dosage is especially important. Nowadays, a rapid soil analysis allows farmers to determine the need for 12 nutrients for 25 crops. Among other things, the technology takes into account all phases of plant growth, while software algorithms help to calculate not only the dose of fertilizers but also the air temperature and the amount of precipitation. Precise fertilizer calculations increase crop yield by 30%.
Delivery of farm products using IT platforms
The creation of an online service that helps small farmers deliver their products to restaurants and shops is an important task for the agricultural industry. Сonsumers are provided with agricultural products by means of a special IT platform, a kind of product aggregator. This technology is used in India. It improves the supply of agricultural products by directly connecting farmers with retailers. According to the estimates of Indian farmers, revenue of their companies is 20% higher thanks to this platform.
Creation of platforms for wholesale agriculture trade
In agriculture, it is important not only to raise a fine crop but also to sell products profitably. Trading platforms for the wholesale and purchase of agricultural products help optimize the trading process. Experts consider this technology to be a specialized trading technique adapted to the needs of farmers. According to experts, such platforms will be very popular in the near future.
This month, the price of Bitcoin has soared to a record $89,000. Despite its constant volatility, BTC remains the most promising cryptocurrency since its debut in 2009. Many early investors who believed in Bitcoin's potential are now reaping the rewards of their foresight. Let's take a look at today's wealthiest crypto enthusiasts
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
