[james0001]

Hey smokey, you seem to have a good grasp of practical blockchain applications. Was wondering if you think it is feasible to use Blockchain for organic agricultural commodities? The idea being that the transparency blockchain can bring could help more accurately price organic ag commodities, which still are undervalued at that level (no transparency in this market, still getting lumped in with regular ag commodities). Just curious, like a organic commodities exchange using blockchain for significantly faster settlement and ability to audit the identity of a commodity (quantity, quality, location/logistics). Wondering if you think blockchain could have a use in something like that?

[smokeyj]

One problem with organic produce is the shelf-life making speculation potentially tricky. I could see a role for futures and prediction markets to hedge risk and better find the market rate. Check out Augur for example https://www.augur.net/