The main aim of the paper is to create a trust and transparency in the food
supply chain system, ensuring food safety for everyone with the help of
Blockchain Technology. Food supply chain is the process of tracing a crop from
the farmer or producer to the buyer. With the advent of blockchain, providing a
safe and fraud-free environment for the provision of numerous agricultural
necessities has become much easier. Because of the globalization of trade, the
present supply chain market today includes various companies involving
integration of data, complex transactions and distribution. Information tamper
resistance, supply-demand relationships, and traceable oversight are all
difficulties that arise as a result of this. Blockchain is a distributed ledger
technology that can provide information that is resistant to tampering. This
strategy can eliminate the need for a centralized trusted authority,
intermediaries, and business histories, allowing for increased production and
security while maintaining the highest levels of integrity, liability, and
safety. In order to have an integrity and transparency in food supply chain in
the agricultural sector, a framework is proposed here based on block chain and
IoT.
Blockchain in the Food Supply Chain: Enhancing Trust and Transparency
The use of blockchain technology in the food supply chain industry has emerged as a solution to ensure trust and transparency in the system, ultimately leading to enhanced food safety for consumers. The concept of a food supply chain involves tracing the journey of a crop from its origin to the end consumer, and blockchain provides a secure and fraud-free environment for this process.
In today’s globalized trade market, the supply chain involves multiple companies and stakeholders, leading to complex transactions, data integration, and distribution. These complexities often result in difficulties such as information tampering, supply-demand discrepancies, and lack of traceable oversight.
Blockchain, as a distributed ledger technology, offers the capability to provide tamper-resistant information. By implementing blockchain in the food supply chain, the need for a centralized trusted authority, intermediaries, and business histories can be eliminated. This allows for increased production and security while maintaining high levels of integrity, liability, and safety.
The proposed framework in this paper integrates blockchain technology with the Internet of Things (IoT) to further enhance integrity and transparency. The IoT can provide real-time data and connectivity throughout the supply chain, allowing for efficient tracking and monitoring of crops at each stage.
This application of blockchain in the agricultural sector emphasizes the multi-disciplinary nature of the concepts involved. It combines elements of information technology, data analytics, supply chain management, and agriculture to create a robust and reliable food supply chain system.
One potential area of concern in implementing blockchain in the food supply chain is the scalability of the technology. As the number of transactions and participants increases, blockchain networks may face challenges in processing and verifying transactions in a timely manner. Therefore, further research and development are needed to optimize blockchain scalability in the context of the food supply chain.
In conclusion, the use of blockchain technology in the food supply chain industry has the potential to revolutionize the way we ensure food safety and transparency. By leveraging blockchain’s tamper-resistant properties and integrating it with IoT, a new level of trust and integrity can be established in the agricultural sector. The multi-disciplinary nature of this application highlights the need for collaboration and expertise from various fields to successfully implement and optimize blockchain in the food supply chain.