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Agriculture Supply Chain Improvement using Blockchain

Author(s):

Tushar Parmar , Parul Institute Of Technology, Parul University, Waghodia, Vadodara, Gujarat, India; Shyam Bhimani, Parul Institute Of Technology, Parul University, Waghodia, Vadodara, Gujarat, India; Savan Vekariya, Parul Institute Of Technology, Parul University, Waghodia, Vadodara, Gujarat, India; Prof. Malavraj Solanki, Parul Institute Of Technology, Parul University, Waghodia, Vadodara, Gujarat, India

Keywords:

Blockchain Technology; Agriculture; Food Supply Chain; Blockchain; Supply Chain

Abstract

Blockchain is an emerging digital technology allowing ubiquitous financial transactions among distributed untrusted parties, without the need of intermediaries such as banks. This article examines the impact of blockchain technology in agriculture and food supply chain, presents existing ongoing projects and initiatives, and discusses overall implications, challenges and potential. Our findings indicate that blockchain is a promising technology towards a transparent supply chain of food, with many ongoing initiatives in various food products and food-related issues, but many barriers and challenges still exist, which hinder its wider popularity among farmers and systems. These challenges involve technical aspects, education, policies and regulatory frameworks.

Other Details

Paper ID: IJSRDV7I20686
Published in: Volume : 7, Issue : 2
Publication Date: 01/05/2019
Page(s): 957-960

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