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CONTRACT BASED AGRICULTURE FOR STABLE MARKET ACCESS
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Abstract
Information
Inventors
Applicants
Specification
Documents
ORDINARY APPLICATION
Published
Filed on 25 November 2024
Abstract
The present invention relates to a digital marketplace designed to enable direct transactions between farmers and consumers for the sale of agricultural products. The website platform integrates a contract note generation feature, which automatically generates legally binding agreements "for each transaction, outlining key terms such as product type, quantity, price, delivery schedules, and payment conditions. This system improves transparency, accountability, and trust in the agricultural marketplace by reducing reliance on intermediaries, minimizing disputes, and promoting sustainable farming practices. The platfonn enhances efficiency for both farmers and consumers, fostering a fairer and more sustainable food ecosystem. Our platform empowers farmers to sell fresh, locally-grown produce directly to consumers, cutting out the middlemen and ensuring fair pricing for all. Through our seamless interface, consumers can browse a wide selection of fann-fresh goods, from seasonal fruits and vegetables to organic grains . Every transaction is supported by an automatic contract note generation feature, ensuring clarity and security for both buyers and sellers. The contract note details all essential tenns, such as product quantity, price, delivery schedules, and payment conditions, offering peace of mind and legal protection in each transaction. At our website we are committed to sustainability, supporting agriculture, and promoting healthier food choices, all while simplifying the process of buying and selling fresh produce online. Our platform is designed to foster trust, reduce food waste, and create a direct connection between the hands that grow the food and the tables that serve it
Patent Information
Application ID | 202441091662 |
Invention Field | COMPUTER SCIENCE |
Date of Application | 25/11/2024 |
Publication Number | 48/2024 |
Inventors
Name | Address | Country | Nationality |
---|---|---|---|
M.Deepa | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Logu Ajith Kumar R | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Magizhoviya S | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Manisha K | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Naveen K | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Nithin G | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Poobesh M | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Applicants
Name | Address | Country | Nationality |
---|---|---|---|
M.Deepa | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Logu Ajith Kumar R | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Magizhoviya S | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Manisha K | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Naveen K | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Nithin G | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Poobesh M | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY, SRI SHAKTHI NAGAR,L&T BY-PASS CHINNIYAMPALAYAM, COIMBATORE,TAMILNADU-641062. | India | India |
Specification
FJELD OF INVENTION
The proposed invention falls within the realm of-Fann Product- Based website for
Fanners, This innovation lies at the intersection of fanner and technology, leveraging
1-ITML, CSS, JavaScript , MySQL. By integrating these technologies, we pioneer a
novel approach in Fann product sales for farmers. Our solution is without the interfere
of middleman the fann product will be sold by using our website we will be displaying
only the data given by the fanners and the product rate will also be given by the
farmers.
Through this interdisciplinary approach, we bridge the gap between the consumers
and the farmers, revolutionizing the field of farm product sales . This inventive
framework promises to redefine the landscape of farm product sales, offering
personalized solutions for fanners outcomes for difficulty in selling the product
challenge .
This platform can be implemented on cloud-based servers, ensuring scalability and
reliability. Mobile applications can be developed for both fat>mers and consumers,
allowing for seamless access to the marketplace and contract management tools.
The contract generation system can be designed to comply with local and
international legal standards to ensure the enforceability of agreements across
jurisdictions .
BACKGROUND OF INVENTION:
Agriculture is a cornerstone of the global economy, yet farmers often face
significant challenges when selling their products. Traditionally,
agricultural produce passes through several intermediaries before
reaching consumers, resulting in inflated pricesfor consumers and reduced
profits for farmers. Farmers typically lack direct access to market data, and
without formalized contracts, many transactions are conducted under
unclear terms, leading to disputes and uncertainties.
With the rise of digital marketplaces, the opportunity exists to connect
farmers directly with consumers. However, existing platforms often fail
to provide a reliablemechanism for formalizing transactions, making it
difficult to address issues relate
to pricing, quality assurance, and delivery terms. There is a need for a
system that can provide legal protection for both farmers and consumers,
ensuring clarity and transparency in every transaction.
DETAILED DESCRIPTION OF INVENTION:
1. System Overview
The system consists of a web-based platform accessible by both fam1ers
and consumers via any standard browser or mobile application. Upon
accessing the platform, users can either register as farmers or consumers,
creating profiles that include relevant details like farm location, product
availability, and consumer preferences .
Key Features of the System:
• Farmer Registration: Farmers register their products, set pricing,
and specifyavailable quantities.
• Consumer Access: Consumers browse available products based
on location,seasonality, and category.
• Product Listings: Each product is listed with detailed
information, includingorigin, quality standards, and price per unit
• Contract Note Generation: Once a consumer places an order,
the platformautomatically generates a contract note, including:
• Product Description: Type of produce, quality grade, quantity.
• Payment Terms: Payment method, due date, and cancellation
policy.
2. Contract Note Generation Mechanism
Upon the completion of a purchase order by the consumer, the system
generates a Contract Note that both the farmer and consumer must agree
to before completing thetransaction. The contract note is automatically
generated based on pre-set conditionsand terms entered by both parties.
The contract includes:
• Clear legal terms binding both parties to the agreement.
Digital signatures: The contract can be digitally signed by both parties for
legal enforceability.
• Real-time updates: Any amendments to the terms (e.g., delivery
time, product quantity) automatically trigger an updated contract
note.
This ensures that all transactions are documented clearly, reducing the
potential formisunderstandings and providing legal protection for both
parties.
3. Payment and Delivery Process
• Payment Gateway Integration: Once a contract note is accepted, the
platfonn integrates with secure payment gateways, allowing
consumers to make payments via credit card, debit card, or mobile
wallet.
• Quality Assurance: The platform can include a rating system for
product qualityand service, which is tied to the contract terms,
ensuring accountability.
4. Market Insights and Analytics
The platform also offers valuable insights to farmers, such as:
• Demand forecasting: Based on historical transaction data and
consumer behaviour.
• Pricing Trends: Real-time insights into the market price of similar
agricultural products.
• Production Optimization: Recommendations based on available
data on crop cycles, weather patterns, and market demand.
CLAIMS
I. A farmer-to-consumer online marketplace platform comprising.
2. The system of claim I, wherein the contract note is digitally
signed by bothparties for legal enforceability.
3. A method for facilitating a direct sale of agricultural products from
a farmer toa consumer, comprising:
4. The method of claim 4, wherein the contract note includes legally
binding termsthat define the rights and obligations of both parties.
5. The system of claim I, further comprising market insights and
analytics forfarmers to optimize pricing, production cycles, and crop planning.
Documents
Name | Date |
---|---|
202441091662-Form 1-251124.pdf | 26/11/2024 |
202441091662-Form 2(Title Page)-251124.pdf | 26/11/2024 |
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