Agro Fossil Free - Implementing blockchain technology in irrigation systems that integrate photovoltaic energy generation systems

Algemene Beschrijving

Traditionally, the energy industry has been slow in adopting new disruptive technologies and the transition to a new energy market will require a new digital transformation plan, involving all parties from the energy market. Although it now seems to be an impossible and hard-to-accept scenario, especially by the big players in the industry, the pilot projects so far demonstrate that blockchain can play a major role in the future energy market, even if the technology is still in the first stages of the adoption life cycle. This article attempts to describe a solution to provide alternative irrigation systems for small farmers. The solution involves creating associations of small farmers that will use green energy from photovoltaic panels for the irrigation of agricultural lands. The efficiency of the proposed system can be monitored not only through digital hardware connected to photovoltaic panels and water pumps, but also by using the new blockchain technology that stimulates innovation and growth in the energy and a high level of automation though smart contracts. To accelerate the transition to the green energy economy, a SolarCoin version similar to the Bitcoin cryptocurrency has also been proposed, which is a utility token that creates new possibilities for energy and water trading.