Supply Chain Dapp using Blockchain and Microfinance

Abstract

Humans' primary source of nutrition is food. Consuming a high-quality product is important in everyone's life and also food is essential to our survival. Traditional approaches do not provide consumers with the capacity to trace what they consume. The process can be made transparent from starting to end by utilizing the Blockchain technology. With the integration of blockchain technology, supply chain can provide consumers with advanced traceability and trus t in the final product. Recently, Ethereum is emerging as a peer-to-peer, decentralized blockchain platform with smart contract functionality. The major purpos e of this res earch study is to encourage the farmers to utilize microfinance in order to invest in their crops and to encourage farmers to utilize the capital offered by them without incurring debt. By verifying all prior production, an inves tment offer will be created for the farmers' crop.