Blockchain in Agriculture 4.0 - An Empirical Study on Farmers Expectations towards Distributed Services based on Distributed Ledger Technology

Abstract

Digitalization, which proceeds in all branches, as well in agriculture, by using new technology, sensors and networking, requires responsible usage of data. One possibility to manage data and use them to create value is the blockchain-technology. It is primary enforced by the food industries and consumers to ensure traceability and transparency. To put blockchain-technology into beneficial use in agriculture, this domain has to be analyzed regarding social and business aspects. This paper presents the results of a qualitative study where 41 actors from the agricultural domain participated in focus groups and delivered a written statement. It was found that farmers are interested in adapting new markets and technologies early to get an economic advantage. On the other hand, the fear of losing traditional local business partners and the social surroundings of the farmers must be considered.