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Ag Data Wallet

Ag Data Wallet

An ag data wallet would provide secure storage and transactions of important data, populated by producers or trusted advisors, under the control of the producer. While the word “wallet” evokes both a place where important documents are kept, and something that is under an individual’s control, an ag data wallet can go beyond that by providing mechanisms for individuals to safely exchange data and giving opportunities for financial compensation for ecosystem services. This system will give complete control of data back to producers while also maximizing the value of that data through efficient, secure and cost effective data management at the producer’s discretion. The technology enables farm-level data portability and interoperability across systems, using the MMRV of on-farm outcomes to support management and decision making and increase access to various opportunties. This system further enables security, trust and data sovereignty.

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