Application of blockchain technologies in the agro-industrial complex: prospects for improving the efficiency and sustainability of large holdings

Abstract

The article is dedicated to analyzing the potential for the implementation of blockchain solutions in the activities of large agro-industrial holdings. Based on a review of current research and the generalization of pilot project experiences, key areas for applying distributed ledger technology in the agro-industrial complex have been identified: supply chain management, product quality monitoring, logistics optimization, and automation of financial transactions. An assessment of the economic impact of integrating blockchain into the business processes of agro-holdings has been conducted. The results obtained indicate significant potential for increasing companies’ efficiency and sustainability through enhanced transparency, security, and speed of operations. Barriers hindering the widespread adoption of blockchain in the agro-industrial complex have been highlighted, and measures to overcome them have been proposed. The conclusions drawn are valuable for strategic planning of digital transformation in the agricultural sector. (127 words).