Decentralized Applications for Agricultural Supply Chain: Exploring the Potential on the Ethereum Blockchain using Smart Contracts

Abstract

The agriculture and food supply chain faces significant hurdles, including vulnerabilities in centralized systems, insider manipulation, single-point failures, and high transaction costs. To tackle these challenges, blockchain technology has emerged as a transformative solution.In leveraging blockchain for agriculture, the focus is on enhancing transparency, traceability, and accountability. This involves establishing secure and tamper-proof records that are accessible to farmers, suppliers, and consumers. These records offer valuable insights into the origin, quality, and safety of agricultural products, effectively countering food fraud and fostering consumer trust. Additionally, blockchain streamlines administrative processes, lowers transaction costs, and widens financial access for small-scale farmers.This paper delves into the practical implementation of blockchain alongside smart contracts in the agriculture and food supply chain. It investigates how smart contracts can bolster the effectiveness of blockchain in overcoming the sector’s challenges. Furthermore, the paper provides insights into potential enhancements and optimizations, aiming to refine the integration of blockchain and smart contracts for a more resilient and efficient agricultural supply chain system.