Smart Contract Farming Using AWS Cloud

Contract farming has become a widely accepted method for promoting vertical coordination in agriculture in developing countries. However, there is a lack of agreement regarding its capacity to facilitate structural transformation in rural economies. The results of a field experiment on contract farming for crop production in India are presented. We have observed that the most basic contract has nearly as significant an impact as contracts with additional attributes, despite the fact that all contracts have positive effects on welfare and productivity measures. This implies that producers are capable of addressing other constraints independently once price risk is resolved through the provision of a fixed-price contract. To resolve this matter, the proposed system creates a model that extracts the requirements of both the farmer and the customer, allowing for a bidirectional analysis to establish a contract between the two parties through the use of the AWS cloud platform.