Broomfield, Colo. – In 2019, the Colorado State Legislature passed House Bill 19-1247, which directs the Commissioner of Agriculture to convene an advisory group to study the potential applications for blockchain technology in agricultural operations and to report to the general assembly by January 15, 2020.
As a result, the Colorado Department of Agriculture is gathering existing ag-related blockchain research so that we can report the data required by House Bill 19-1247 and begin to assemble a blockchain advisory group.
Blockchain application in agriculture has the potential to make it easier to track, manage, and transact in all kinds of agricultural assets, from crops, to inventory, to precision data. By providing the technology infrastructure for things like digitization, automation, and tracking, blockchain could create new options for collecting data and automating farm management, which drive farmers’ bottom lines in modern agriculture.
If you or your organization has relevant research you’d be willing to share on a voluntary basis to help further the advancement of blockchain technology in agriculture, the Colorado Department of Agriculture invites you to submit it before October 11, 2019. Thank you for your interest.