AI, Blockchain, And Drones Unite In The AgriTech Revolution
Drones, combined with blockchain and AI, are changing AgriTech.
What if drones, AI, and blockchain could reshape the way we feed the world—starting in Malaysia?
That vision is becoming reality through a AgriTech initiative that integrates drones, artificial intelligence (AI), and blockchain technology.
In an effort to support sustainable farming and technological innovation, Farmsent, DroneDash, and SkyX have announced a partnership to launch an advanced smart AgriTech network spanning over 490,000 acres of palm plantations in Malaysia.
This collaboration creates a blueprint for modern agriculture that is efficient, sustainable, and globally participatory.
Imagine autonomous drones mapping vast plantations, deploying agrochemicals with pinpoint precision—all guided by real-time AI and blockchain-verified data.
Farmsent is introducing blockchain-tokenized soil sensors that continuously monitor critical soil nutrients such as nitrogen, phosphorus, and potassium. These sensors provide real-time data, enabling precise and timely fertilization strategies, ensuring optimal nutrient application at the exact locations required.
Through tokenization, these sensors become assets within the global Web3 community, allowing global participants to invest and contribute actively to sustainable agricultural practices. These sensors employ predictive AI modeling to anticipate nutrient requirements, enabling highly optimized fertilization strategies and significantly boosting sustainability.
DroneDash plays a pivotal role, streamlining the deployment of drone technology for targeted agrochemical applications, thus enhancing the efficiency of pesticide and fertilizer use. This not only optimizes resource usage but also minimizes environmental impact, protecting ecosystems surrounding agricultural areas.
DroneDash's AgriTech Drone
DroneDash's drone fleet isn't just high-tech—it's cost-cutting, reducing chemical usage and maximizing efficiency.
Complementing this technology, SkyX introduces advanced hyperlocal weather stations. These stations capture detailed, hyper-accurate climate data, measuring variables such as temperature, humidity, rainfall, wind direction, wind speed, and air pressure. This granular level of detail provides invaluable insights that allow farmers to make proactive, data-driven decisions, improving crop yields and resilience against climatic uncertainties.
Additionally, each technological component deployed—including sensors and weather stations—is assigned a unique blockchain identity via the peaq blockchain platform. This strategic integration of blockchain technology creates decentralized opportunities for global participation, enabling individuals around the world to directly invest and engage in agricultural innovations through tokenization.
Yog Shrusti, co-founder of Farmsent, commented to me that "this isn't just about integrating technology; it's about fundamentally reshaping how we approach agriculture in Southeast Asia. By empowering farmers with unprecedented data-driven insights and fostering a global community around sustainable practices through tokenization, we're not just optimizing yields – we're building a more resilient and equitable food system for generations to come.'
Yog Shrusti, co-founder of Farmsent
More than 25% of the world's population and more than 40% of the global agricultural production heavily rely upon unsustainable groundwater extraction. Traditional agricultural methods often result in significant inefficiencies and environmental challenges, necessitating innovative solutions to sustainably meet growing food demands.
The agricultural drone market alone is projected to reach USD 7.6 billion by 2028 according to Markets and Markets. By integrating drone technology into everyday farming operations, Farmsent, DroneDash, and SkyX are leading the charge towards substantial reductions in the use of critical resources, potentially cutting water, pesticide, and fertilizer consumption by up to 50%.
Paul Yam, CEO of DroneDash explained to me that 'this is not just a technical integration — it's proof that decentralized technologies can solve real problems, create real value, and drive real profit for communities and investors alike."
Paul Yam, CEO of DroneDash
The practical impact of these innovations is immediate and tangible. Farmers equipped with real-time analytics and precise climate insights can significantly enhance productivity and efficiency, while drastically reducing environmental footprints.
This combination positions Malaysia at the forefront of global AgriTech innovation, serving as a benchmark for other nations facing similar agricultural and environmental challenges.
AI is the intelligence engine behind this transformation—turning raw data into real-time, predictive insights that farmers can act on.
AI-driven analytics integrate real-time sensor data, historical environmental information, and drone-collected imagery, providing farmers with actionable insights into current and future agricultural conditions. These predictive analytics enable farmers to anticipate crop health issues, optimize resource allocation, and implement proactive measures rather than merely reactive ones.
With each season, the system gets smarter—boosting yields, trimming costs, and future-proofing farms. This continual improvement means that the accuracy and effectiveness of interventions steadily increase, optimizing agricultural outputs and enhancing resource efficiency.
The integration of AI ensures that data-driven insights are accessible, practical, and tailored to local conditions. Farmers can receive personalized recommendations, allowing for more effective responses to specific agricultural challenges and ensuring a direct positive impact on crop yield and sustainability.
Blockchain isn't just for transparency—it's unlocking new markets. Every drone, sensor, and station becomes a verifiable, investable digital asset.
Each drone, soil sensor, and weather station is assigned a unique digital identity through the peaq blockchain, creating an immutable and transparent record of operations, maintenance, and data output.
That means farm operations are no longer black boxes. Investors, regulators, and farmers can track input-to-output performance in real time. With transparent tracking, stakeholders—from local farmers to international investors—can verify the authenticity and accuracy of the data generated by each device.
Overall benefits from this new Drone, AI and Blockchain Platform
Frank Fang, the co-founder of SkyX, explained it well when he said, 'While the agriculture industry has long relied on generalized weather forecasting, we're witnessing a fundamental shift toward hyperlocal precision that can make the difference between a profitable harvest and significant losses. Our blockchain-powered weather stations don't just collect data—they create a new economic model where accurate environmental intelligence becomes a trade-able asset."
SkyX isn't just forecasting the weather—they're tokenizing it, letting anyone invest in climate intelligence infrastructure.
Blockchain also facilitates decentralized governance models, where stakeholders collectively make decisions, aligning incentives and promoting collaborative management of shared resources. Such participatory governance ensures equitable distribution of benefits and risks, encouraging sustained investment and involvement from global communities.
This isn't a regional pilot—it's a scalable model. With the Food and Agriculture Organization (FAO) predicting a 70% increase in global food demand by 2050, adopting advanced technologies like drones, sensors, and blockchain is not just beneficial—it's essential.
For consumers worldwide, these technologies promise enhanced sustainability and potentially lower food prices by increasing agricultural efficiency and reducing waste. More sustainable practices contribute directly to healthier environments and ecosystems, addressing pressing global environmental concerns.
Investors and participants in the global economy stand to benefit substantially through blockchain tokenization, which opens up new avenues for direct investment into the booming AgriTech sector. By democratizing access to agricultural advancements, individuals globally can actively participate in and benefit financially from sustainable farming innovations.
Summary of the benefits
This partnership exemplifies the power of technology to address critical global challenges, driving forward a vision of agriculture that is not only productive but also equitable, resilient, and sustainable.
Did you enjoy this story about Blockchain, AI and Drones impacting AgriTech? Don't miss my next one: Use the blue follow button at the top of the article near my byline to follow more of my work.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Central Banks in Asia Are Becoming Wary of Currency Intervention
(Bloomberg) -- Some of emerging Asia's biggest central banks look to be dialing back their interventions in the currency market. Bezos Wedding Draws Protests, Soul-Searching Over Tourism in Venice One Architect's Quest to Save Mumbai's Heritage From Disappearing JFK AirTrain Cuts Fares 50% This Summer to Lure Riders Off Roads NYC Congestion Toll Cuts Manhattan Gridlock by 25%, RPA Reports The central banks of India and Malaysia have reduced the size of some derivatives positions they use to weaken their currencies. Taiwan has allowed its currency to surge against the dollar in recent weeks and dropped hints it would be comfortable with more if the moves were 'orderly.' South Korea's giant national pension fund has ended its five-month support of the won. A major reason for these moves is a simple change in the market landscape: The dollar has tumbled more than 7% this year, easing pressure on emerging market currencies. But strategists and investors also point to the risk of a backlash from US President Donald Trump, amid rising speculation that currency policies will be on the table during a series of ongoing — and high stakes — trade negotiations. 'The threat of being labeled a currency manipulator by the US, especially during this period of tariff negotiations, will act as a deterrent to further heavy FX intervention in local markets,' said Rajeev De Mello, a Geneva-based portfolio manager at GAMA Asset Management SA. The shifting approach of Asia's central banks to defending their currencies underscores the sweeping changes in global markets since the election of Trump, whose on again-off again tariff threats have roiled asset prices and raised once unthinkable questions about the dollar's place in the global trading system. Korea confirmed last month that it had held currency talks with the US, sending the won higher amid talk that Trump wants a weaker dollar. But White House chief economist Stephen Miran has denied the idea Washington is working on secret deals to depreciate the greenback, saying the US continues to have a strong dollar policy. The greenback has plummeted against major currencies this year, suffering drops of around 10% against the euro and the Swiss franc. Best Bets Traders are now trying to game out which currencies have the most to gain from a period of reduced intervention. The Korean won and the Malaysian ringgit are two obvious candidates, since both countries have large trade surpluses, said Gautam Kalani, portfolio manager for BlueBay fixed income, emerging markets, at RBC Global Asset Management. Reduced intervention will speed up the appreciation of these currencies, he said. The Taiwan dollar is also being hotly tipped by strategists. Although Taiwan's central bank is still likely to use intervention to keep volatility in check, most market participants think it will allow the local currency to appreciate further even after hitting multi-year highs. That suggests room to build on what has already been a widespread rally against the dollar: Taiwan's currency has surged 11% against the greenback this year, making it the region's best performer. The Korean won is up almost 8%, while the Malaysian ringgit is around 5% higher. The retreat from intervention isn't unanimous across Asia. Bank Indonesia pushed back against volatility on Thursday as Middle East tensions hit emerging market currencies. The Philippines' central bank has sent mixed messages, calling intervention futile but also saying it might have to do so 'more seriously' if a current slide in the peso continues. The People's Bank of China continues to keep its currency under a tight leash. But for some of emerging Asia's most interventionist central banks, the calculus appears to have shifted in favor of a less hands-on approach. The US Treasury refrained from labeling any country a currency manipulator in its latest foreign-exchange report, released in June. However, it said China, Japan, South Korea, Taiwan, Singapore and Vietnam all met two out of three of its criteria. What to Watch A host of EM central banks will announce their rate decisions, with Thailand and Czech Republic's slated for Wednesday, Mexico's on Thursday and Colombia set to announce its benchmark rate call on Friday Malaysia and Singapore will publish inflation statistics, with signs of disinflation to support further monetary easing policies Argentina and the Czech Republic will also publish first quarter GDP figures --With assistance from Betty Hou. Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028? Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros The US Has More Copper Than China But No Way to Refine All of It Can 'MAMUWT' Be to Musk What 'TACO' Is to Trump? ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
3 hours ago
- Bloomberg
Central Banks in Asia Are Becoming Wary of Currency Intervention
Some of emerging Asia's biggest central banks look to be dialing back their interventions in the currency market. The central banks of India and Malaysia have reduced the size of some derivatives positions they use to weaken their currencies. Taiwan has allowed its currency to surge against the dollar in recent weeks and dropped hints it would be comfortable with more if the moves were 'orderly.' South Korea's giant national pension fund has ended its five-month support of the won.
Yahoo
3 hours ago
- Yahoo
ADA Takes a Hard Fall as Traders Feel the Heat of War in the Middle East
Cardano (ADA) ADA is trading at $0.5478, down 6.45% over the past 24 hours, after a sharp correction fueled by market anxiety surrounding escalating geopolitical conflict in the Middle East. The token fell from a high of $0.586 to a low of $0.5464, with the steepest drop occurring during the 21:00 hour when ADA fell 3.2% on 126 million volume, according to CoinDesk Research's technical analysis model. 24-hour trading volume climbed to 37.37% above its 30-day average. Despite this volatility, Cardano continues to attract long-term interest. Nearly $1 billion worth of ADA has been withdrawn from centralized exchanges in 2024, and over 310 million tokens have been accumulated by large holders in June alone. Institutional interest in the Cardano ecosystem was also underscored this week by the launch of a new proof-of-concept initiative involving decentralized storage platform Iagon, legal tech firm Cloud Court, and Ford Motor Company. The pilot project aims to test the viability of combining Cardano's blockchain infrastructure with Iagon's decentralized cloud storage to support secure legal data management systems. Ford is contributing to the project in an advisory role, drawing on its internal experience managing large-scale legal data operations. The initiative is designed to explore how a hybrid architecture—where sensitive legal documents are encrypted and stored off-chain, and access logs and verification are handled on-chain—might address long-standing issues like fragmented records, inefficient collaboration, and lack of auditability. The project also reflects Cardano's expanding presence in enterprise environments, with potential applications extending to sectors such as healthcare, finance, and public administration. Technical Analysis Highlights ADA declined 7.0% from $0.586 to $0.545 during the analysis window, forming a $0.041 range. The steepest intraday move occurred during the analysis window, marked by a 3.2% hourly decline and elevated volume. A high-volume resistance level formed at $0.569, while support was tested at $0.545. Recovery attempts during the 23:00 and 00:00 hours failed to break resistance, despite volume exceeding 60 million ADA. A descending channel with lower highs and lower lows confirmed the bearish structure. Between 06:05 and 06:38, price entered a bullish channel with a sequence of higher lows and higher highs. Resistance emerged at $0.558, and a support zone developed around $0.554. Volume peaked at 2.3 million ADA during the 06:16 candle, supporting a temporary upward move. A modest pullback from $0.558 to $0.556 followed, representing typical post-rally consolidation. Volume declined during the pullback, suggesting weakening selling momentum. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
