This publication aims to demystify the technology, provide some thoughts on the opportunities and challenges in implementing blockchain-based systems as well as document some case studies on the use of blockchain for agriculture. In the agriculture domain, self-executing smart contracts together with automated payments would be the game changer. An applications of the blockchain technology that is already in practice for agriculture is FARMS: financial and agricultural risk management for smallholders, that offers an easy entry to formal financial risk management while increasing farmers financial literacy. »