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IoT Data for Smarter Farming
Problem Statement
Farmers often struggle to access the valuable data generated by IoT sensors and other connected machinery. This data can provide insights into productivity performance and farming outcomes, but it remains locked within proprietary systems or has weak security protocols. Without access to this data, farmers miss out on opportunities to optimize their yields, reduce costs, and make data-driven decisions for their agricultural operations.
In addition, without having a more secure platform you can't use the data obtain from these IoT devices to make meaningful decisions. Data provenance is crucial for companies to truly benefit from using AI/ML technologies. Without data traceability, why would a company build AI applications and/or create ML models using untrusted data sources?
Solution Description
By leveraging Ocean Enterprise infrastructure, farmers will gain access to their IoT and machinery data. This solution empowers them to not only utilize this data to improve farm operations but also to monetize it. The Ocean marketplace provides a decentralized platform for farmers to share data securely with researchers, agronomists, and agricultural companies. This monetization aspect allows farmers to turn data into an additional revenue stream, incentivizing better data collection and enhancing overall industry innovation. In addition, mPowered's patented technology can provide AI training data that is trusted and audit ready.
Quantum safe data transmission channel
We've created hardware tools for a quantum-safe data transmission channel, enhancing security, ensuring data provenance, reducing operational costs, and generating higher quality data which will result in more valuable data sets for monetization.
Ocean Enterprise Features Used
- Data Sharing
- Ocean Marketplace
- Data Monetization
- Compute to Data
Details and Description
We are gathering detailed data on agricultural inputs and outputs, providing granular insights through field-to-field comparisons. These insights will enable farmers to identify trends and opportunities for improving crop yield, soil health, and operational efficiency. Some fields may exhibit higher productivity due to varying factors like watering schedules, fertilizer application, and soil composition. By analyzing data on water usage, fertilizer types, and insecticide applications, the solution will enable a better understanding of soil structure and its impact on agricultural success. This data will be presented in a user-friendly dashboard, giving farmers real-time insights into their farm’s performance. We will also the technology developed by mPowered to provide data traceability and build trustful models.
Value Creation
The agricultural data collected will serve many purposes. Firstly, it will assist farmers in optimizing their own farming practices. Secondly, the data can be used to train advanced AI models focused on agriculture, which will benefit the broader farming community. These models will provide predictive insights on yield optimization, disease prevention, and efficient resource allocation, ultimately driving innovation in precision farming and improving food security on a global scale while also creating more valuable data sets because of our data provenance platform.
mPowered is creating a flywheel effect on IoT adoption, frictionless AI/ML integration, the creation of higher quality data, and data monetization.
Our mission is to make data a “common good” and allow companies to balance purpose, responsibility, accountability, and profits.
mPowered
This case study is being actively worked on by mPowered, a founding member of the Ocean Enterprise Collective. Learn more and get in touch with mPowered here.
