MUMBAI, India, Jan. 9 -- Intellectual Property India has published a patent application (202511114273 A) filed by Ims Engineering College, Ghaziabad, Uttar Pradesh, on Nov. 18, 2025, for 'ai and iot-based funded farming management system for smart agricultural financing and resource optimization.'
Inventor(s) include Mr. Ravi Kant; Sarthak Srivastava; Rishabh Gupta; Prince Kaushal; Ridhima Saxena; and Pankhuri Garg.
The application for the patent was published on Jan. 9, under issue no. 02/2026.
According to the abstract released by the Intellectual Property India: "The present invention discloses an AI and IoT-Based Funded Farming Management System that integrates artificial intelligence, Internet of Things (IoT), and blockchain technologies to enable smart, performance-linked agricultural financing. The system utilizes IoT sensors to collect real-time data on soil health, crop growth, and environmental conditions, which are analyzed by an AI engine to generate productivity insights and yield forecasts. Based on these analytics, blockchain-enabled smart contracts automatically disburse funds when verified agricultural milestones are achieved, ensuring transparent and accountable fund utilization. The invention provides interactive dashboards for farmers, lenders, and policymakers to monitor financial and operational progress. This intelligent framework enhances financial inclusion, reduces risk, and promotes sustainable agricultural practices through data-driven decision-making and automated funding management."
Disclaimer: Curated by HT Syndication.
