KisanCoin: The Future of Payments in Agriculture Industry

The agriculture industry has been prominent since before civilization was even adopted by Humankind. This industry has invented and has noticeably expanded in the last two decades due to technological advancements such as such as robots, temperature and moisture sensors, aerial images, and GPS technology. There are thousands of agriculture products website, magazines, farms and service providers in this sector. But the agriculture industry, however, continues to be an underestimated world in India, which faces not only challenges from the industrial growth but also from many financial limitations which affect farmers and service providers simultaneously. This research paper is based on the impact on agricultural practices created by various ICO initiatives taken by research scholars and industrialists across the globe. In recent times the world has been ripping the advantages of peer-to-peer system adopted by the developers of Blockchain technology in various fields including education, trading, travel and tourism industry, shipping, and media industry. My aim is to examine the roadblocks of global policies of blockchain which is challenging the agriculture industry.