Blockchain and Internet-of-Things: A Technological Solution for Issues in Cold Chain

Abstract

Due to the integration of technology in the form of Artificial Intelligence and Internet of Things into the cold chain, the fourth industrial revolution, often known as “Industry 4.0,” evolves as a new technological paradigm. According to the Industry 4.0 vision, the smart cold chain emphasizes worldwide networks of autonomously communicating information along with efficient control systems. Autonomous operation of the smart cold network is made possible by using the cyber-physical system. Since the cooperation between suppliers, manufacturers, producers, and processors, as well as customers, is crucial to improve transparency of all processes from the point of origin to the point of consumption, it is imperative to look at the influence of Industry 4.0 on the entire cold chain. This research study analyzes the application of technology in cold chain and suggests the use of various technologies in the form of solutions to resolve various issues existing in the cold chain.