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@article{205338,
        author = {Mrs. A. Regina Elizabeth and Mr. B. Subash},
        title = {SMART CROP INDEX INSURANCE SYSTEM USING BLOCKCHAIN FOR TRANSPARENCY AND FARMER TRUST IN INDIA},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {13},
        number = {1},
        pages = {6051-6055},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=205338},
        abstract = {Agriculture plays a vital role in India's economy, but farmers frequently face challenges such as unpredictable weather, pest attacks, and irregular rainfall that impact crop yields. Crop insurance serves as a safeguard, helping mitigate financial losses due to these natural calamities. However, traditional crop insurance models are often plagued by complex procedures, high costs, and a lack of trust, discouraging many farmers from adopting such protective measures. To address these issues, this project introduces an innovative blockchain-based crop insurance solution that leverages the advantages of blockchain technology to ensure transparency and security. By utilizing blockchain, every transaction and data exchange within the system is recorded on an immutable ledger, creating a transparent and trustworthy environment for all stakeholders. Smart contracts, embedded within a private blockchain, allow only authorized participants including farmers, insurers, and weather data providersto interact with the system. This reduces the risk of fraud and automates claim processing, ensuring faster settlements and increasing overall trust in the system. The core objective of this project is to develop an affordable, low-cost crop insurance model that guarantees timely insurance payouts for farmers who experience valid losses. The decentralized, distributed archite cture of the system eliminates intermediaries, reducing costs and protecting smallholder farmers from exploitation. Through the integration of blockchain technology, the proposed solution aims to transform the crop insurance landscape by improving efficiency, accessibility, and trust for farmers.},
        keywords = {National Agricultural Insurance Scheme (NAIS), Block Chain, Pradhan Mantri Fasal Bima Yojana (PMFBY), Internet of Things (IOT), Convolution Neural Network (CNN), Machine Learning (ML).},
        month = {June},
        }