Work

Blockchain-based Crop Insurance Systemusing Smart Contracts

Year: 2025

Type: article

Abstract: Agriculture sector plays a pivotal role in the Indian economy, but farmers often face challenges like unpredictable weather, pest attacks, and erratic rainfall, leading to significant losses. Crop insurance is crucial to mitigate these risks and promote the welfare of farmers by providing coverage for pre-sowing and post-harvest losses due to natural calamities.However, the existing traditional methods of crop insurance in India suffer from complexities, high costs, and a lack of trust, deterring farmers from adopting these mechanisms. This project proposes an innovative blockchain-based crop index insurance solution to address these challenges.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.17285106

Author: International Journal of Advanced Research and Innovations

Language: English

Topic: Blockchain Technology Applications and Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

SDGs: Zero hunger, Industry, innovation and infrastructure

Open Access status: green

OpenAlex ID: W7084938255

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