Agricultural Supply Chain Management Using Blockchain Technology

Abstract

In this day and age, agricultural producers are faced with multiple obstacles, from seasonal changes to the broken supply chain; their occupation is very laborious and demanding. In such a situation, a distinct information database consisting of credible information would be very helpful. Transfer of knowledge is important in all aspects of this occupation, may it be about market trends or about profitable practices. Third-party interference in this aspect may cause the spread of misinformation. This can be curbed by using blockchain, a data ledger which is reliable and incorruptible. Here an attempt to analyse the different ways in which blockchain technology can be incorporated in the agricultural supply chain, as a transparent and dependable transaction mechanism is explored.