Company Performance Metrics
Agribusiness Contract Management at Blockchain
Agricultural Trading Contracts are essential tools for the commercialization and disposal of agricultural crops and their monitoring, control and management represents a challenge for all the participants involved. Several computer systems were, and continue to be, developed to implement this
monitoring and control, allowing those involved to manage these contracts. However, these systems always act from the perspective of one of the participants of the transaction, not corresponding to the perspective of the counterpart. Even if you use mediators for your firmament, especially those legally required, such as the Record Book Offices, it is not in the interest of either party the litigation that this difference of perspective may generate. In this scenario, the technologies coming from crypto currencies, in particular the blockchain mechanism and the implementation of computational protocols for the representation of contracts, the so-called Smart Contracts, serves as a monitoring and control tool that allows , automatically, the management of Agricultural Trading Contracts.
