BarnBuddies is a warehouse-sharing service platform with the core concept of borrowing and trading storage time. During the off-season, farmers rent out their barns to other, farmers to earn tokens. In return, during the peak harvest period, they use tokens to rent storage space from fellow farmers to store excess crops, thereby reducing food waste, lowering the financial burden on farmers for storage, and stabilizing their livelihoods while minimizing food price fluctuations. The platform utilizes virtual currency and blockchain technology to create an open and transparent trading environment, enhancing transaction security and making it universally accessible worldwide. This, in turn, improves the efficiency of agriculture and the food supply chain, providing more opportunities for farmers.

BACKGROUND :

Agriculture is a seasonal activity that is influenced by climate and seasonal changes. Farmers must plant, harvest, and store crops within specific time frames. Effective storage facilities can ensure that crops can be preserved and supplied to the market throughout different seasons. Insufficient storage facilities may result in post-harvest losses or wastage due to oversupply at the end of the season. This causes economic losses to farmers and can lead to unnecessary waste and price fluctuations in the food supply chain and society. Therefore, ensuring the stability of the food supply chain and reducing crop wastage has become an important issue.

Problems :

Crop Losses

In developing countries, post-harvest losses are often attributed to the lack of infrastructure for storing and transporting food. In some developing countries, farmers frequently experience losses of up to 40% of their crops due to inadequate storage. Rapidly Rising Food Prices.

Rapidly Rising Food Prices

When the supply of food cannot meet the demand from consumers, it leads to market price fluctuations, and consumers are required to pay higher prices for purchasing food.

Farmers Becoming More Vulnerable

Many farmers, unable to preserve their crops, often sell them at lower prices shortly after the harvest, resulting in price losses. This situation makes life even more challenging for impoverished individuals who rely on this food for their livelihood.

target group :

Farmers In Developing Countries

A large part of the people engaged in agricultural activities in developing countries are relatively disadvantaged groups in society. Extreme weather, improper human management, and insufficient infrastructure make the lives of farmers who already depend on the weather more difficult. Barn Buddies expects With the concept of shared warehousing, food waste can be reduced as much as possible without building additional warehousing.

Design concept:

BarnBuddies is a warehouse-sharing service platform with the core concept of borrowing and trading storage time. During the off-season, farmers rent out their barns to other, farmers to earn tokens. In return, during the peak harvest period, they use tokens to rent storage space from fellow farmers to store excess crops, thereby reducing food waste, lowering the financial burden on farmers for storage, and stabilizing their livelihoods while minimizing food price fluctuations. The platform utilizes virtual currency and blockchain technology to create an open and transparent trading environment, enhancing transaction security and making it universally accessible worldwide. This, in turn, improves the efficiency of agriculture and the food supply chain, providing more opportunities for farmers.