Smart Contracts can help the Farmers in the following way
- The Smart Contracts execution and secure tamper-proof agreement signed between the Farmer and the Bidders prevents any kind of cheating from both sides.
- It allows auctions to happen in a much secure way, removes middlemen and provides faster payment to farmers.
- Strong privacy features combined with Ethereum Blockchain can disallow bidders to collude which can offer better price to farmers.
- Events on Ethereum Blockchain also provides complete transparency to the bidding process.
