Agricultural Supply Chain Management System Using Blockchain

Abstract

Blockchain is a revolutionary technology where information is exchanged between different entities in a chain by using distributed software design and powerful computing. The Novel Method uses smart contract and Ethereum blockchain for tracing and tracking crops efficiently with complete security and business operations. The Technology terminates the requirement for an intermediary, transaction records and trusted centralized authority. Hence, Blockchain improves safety and efficiency by maintaining high reliability and integrity. Smart contracts are used in the proposed system to regulate and oversee all communications and transactions between the participants in the ecosystem of the agricultural supply chain. All transactions are preserved and recorded in the immutable ledger of the blockchain, which is linked to a decentralized file system called as IPFS. Data about images and locations are submitted by various supply chain participants which are then are utilized to ensure the transparency and traceability of the crops using IPFS.