With more than 160,000 farmers now onboarded in Indonesia and Colombia, Farmsent taps the Peaq blockchain as its layer-1 backbone to transform the global food commodity trade.

In a bid to revolutionize the global food commodity trade and empower farmers, farmer-centric blockchain Farmsent has revealed a new partnership with the layer-1 decentralized physical infrastructure network (DePIN)-focused blockchain, Peaq.

The collaboration, announced on April 9, marks a step forward in Farmsent’s goal of decentralizing the agricultural supply chain to enhance transparency in the global food trade and build a global Web3 marketplace that connects farmers directly with consumer-facing businesses worldwide.

By leveraging a DePIN of sensors to track product quality and provenance, Farmsent claims it can eliminate centralized intermediaries and reduce costs for all stakeholders, all while ensuring transparency across the supply chain.

Cointelegraph talked to Yog Shusti, the co-founder and CEO of Farmsent, about the use case of DePINs in the agricultural sector.

Connecting commerce

Shusti called Farmsent’s DePIN use case “particularly exciting for agriculture” because the technology is leveraged to benefit farmers and consumers.

“It provides farmers with secure digital identities for better market access but also empowers them with real-time data about their crops. This includes crucial details like soil moisture, pH content, and humidity.”

He said this information allows farmers to make “data-driven decisions” to optimize crop health and yields. Meanwhile, the DePIN system allows consumers to access information about the food they purchase:

“This could include details about the farm’s practices, the origin of the food, and how it was grown. It empowers consumers to make informed choices about the food they put on their tables.”