Optimizing Production and Business Processes with Web3 Technology
In the era of Industry 4.0 continues to evolve, the aquaculture sector is gradually transforming to keep up with the trends of modernization and digitalization. One of the most innovative and disruptive technologies in this movement is Web3which integrates blockchain, smart contract (hợp đồng thông minh), và NFT (Non-Fungible Tokens). So, how can Web3 solutions help aquaculture farmers and small and medium-sized enterprises (SME) in Vietnam optimize their production and business processes? This article will answer these questions in the most approachable and easy-to-understand way for all readers.
Web3 and Related Terms in Aquaculture
What is Web3?
Web3 is the third generation of the Internet, allowing users to interact, share data, and trade digital assets directly without the need for intermediaries. A key feature of Web3 is decentralization (decentralization), meaning data is not controlled by a single entity but validated by multiple nodes across a blockchain network.
Blockchain and Smart Contract
- Blockchain: is a distributed ledger system that records every transaction transparently and immutably. When applied to traceability, blockchain helps aquaculture farmers make the entire supply chain—from farm to table—transparent.
- Smart contract: are self-executing codes that automatically fulfill agreed-upon conditions. For example, when a buyer confirms receipt of products that meet quality standards, the payment is automatically transferred to the seller.
NFT and IoT
- NFT: an be assigned to each batch of shrimp/fish as unique identifiers that store complete traceability information on the blockchain.
- IoT (Internet of Things): devices and sensors monitor water quality and farming environments. This data is uploaded to the blockchain to ensure transparent and prevent tampering.
Practical Benefits of Web3 for Aquaculture Farmers
Better Traceability and Transparency
With blockchainit records every step of the production process, such as breed selection, farming time, harvesting, storage, and transport. This helps export companies trace product origins and makes customers feel safe about the product quality.
Real Use in Vietnam
Some shrimp exporters in Vietnam have worked with tech startups to test blockchain platforms for exports to the U.S. and EU. The product is only marked "export standard" when it passes all quality checks recorded on the blockchain.
Improve Operations and Prevent Fraud
- Smart contracts help reduce payment risks and save time by cutting paperwork.
- IoT data, when combined with blockchain, gives useful information about water quality and pond conditions. Farmers can use this to adjust their process and avoid losses.
International Case Study
In Norway, salmon farming companies use blockchain and IoT to control temperature, salt levels, and water pH. As a result, more fish meet export quality, and fewer die from environmental changes.
Increase Competitiveness and Export Opportunities
Using Web3 can make product information more transparent to international partners. Markets like Japan, the EU, and the U.S. prefer products with clear, reliable origin tracking—especially when that data comes from blockchain.
Other Benefits Include:
- Easier access to smart farming models.
- Building trust with local and international customers
- Reducing management costs and improving teamwork in the supply chain
How to Start Using Web3 in Aquaculture
- Find tech partners, like blockchain or IoT companies in Vietnam, to work with
- Join training programs about Web3, traceability, and data or transparent.
- Try small-scale projects, like using sensors for water quality or recording farming steps on the blockchain
- Connect with industry groups to share experiences and learn new trends
Summary
Web3 and related technologies like blockchain, smart contract, NFT, IoT are no longer just future ideas. They are already changing Vietnam’s aquaculture industry. If farmers and SMEs start early, they can lead the way, build stronger brands, and reach global markets. Don’t be afraid to learn and start this journey with trusted tech partners!
Wiintek Technology Joint Stock Company
Address: 183C Nguyen Van Dau, Ward 11, Binh Thanh District, Ho Chi Minh City
Hotline: +(84) 929 853 399
Email: wiintek@gmail.com
Website: https://wiintek.com/
