According to recent media reports, Microsoft has registered an application in Brazil to improve the efficiency of the agricultural sector. The technology, called FarmBeats, boosts agricultural productivity through the use of blockchain, Internet of Things, artificial intelligence and big data technologies, and has been promoted on farms in the US, India, New Zealand and Kenya, and has successfully reduced water use by 30%. . FarmBeats chief scientist Ranveer Chandra said the technology is considered critical because farmers are struggling to make a living in competition with climate change and growing demand for agricultural products. If global food demand is to be met, agricultural production in the next 30 years needs to increase by 70%.