Decentralized Application for Agricultural Supply Chains

Abstract

Indian economy is highly dependent on its agricultural sector which is a diverse sector and the present supply chain of agricultural products is divided with multiple people involved causing inefficiency and lack of transparency. The work involved aims to build a supply chain which addresses the traceability and transparency issues. For tracking product right from its origin to market a blockchain-based platform helps with secure transactions with every intermediary involved in the supply chain. Each product is assigned a unique code with which the customer can track the entire journey of the product and will be able to verify whether the product is authentic. The novelty of the solution is the use of blockchain technology which ensures end to end transparency. The solution enhances data integrity, reduces fraud and builds trust among the customers for the product they are purchasing. For successful implementation performance parameters such as transaction speed which ensures timely updates, data integrity and security which protects against unauthorized access and tampering are looked after. The approach is relevant to real-world scenarios by providing consumers with reliable information about product origins and handling. The goal is to establish a distributed ledger that will increase transparency by being available to all network users.