Futuristic Adoption of Blockchain Technology in the Smart Agriculture and Food Industry

Abstract

Agriculture is the backbone of human activity, and it is playing a vital role in human survival. Smart agriculture has a favorable impact on society as a result of technological advancements. The major goal is to increase production quality and quantity. Many industries, including healthcare, law, real estate, banking, and other applications are being transformed by using blockchain technology. On the other hand, agriculture is a known application that uses blockchain technology to totally transform the lives of human being in the world. With such a growing population it is obvious that the food demand will increase significantly. To fulfill the food demand of the world population, the agriculture industry is making use of Artificial Intelligence (AI), blockchain, and other food automation techniques and technologies to meet the demands through innovative production. This chapter presents an overview of various blockchain technology use cases, benefits and obstacles of food industry, and deployment of blockchain technology in agriculture.