Affiliation:
1. School of Computing Science and Engineering, Galgotias University, Gr. Noida 203201, India
2. School of Computer and Systems Sciences, Jawaharlal Nehru University, New Delhi 110067, India
3. Department of Applied Data Science, Institute for Energy Technology, 1777 Halden, Norway
Abstract
Despite its status as one of the most ancient sectors worldwide, agriculture continues to be a fundamental cornerstone of the global economy. Nevertheless, it faces obstacles such as a lack of trust, difficulties in tracking, and inefficiencies in managing the supply chain. This article examines the potential of blockchain technology (BCT) to alter the agricultural industry by providing a decentralized, transparent, and unchangeable solution to meet the difficulties it faces. The initial discussion provides an overview of the challenges encountered by the agricultural industry, followed by a thorough analysis of BCT, highlighting its potential advantages. Following that, the article explores other agricultural uses for blockchain technology, such as managing supply chains, verifying products, and processing payments. In addition, this paper examines the constraints and challenges related to the use of blockchain technology in agriculture, including issues such as scalability, legal frameworks, and interoperability. This paper highlights the potential of BCT to transform the agricultural industry by offering a transparent and secure platform for managing the supply chain. Nevertheless, it emphasizes the need for involving stakeholders, having clear legislation, and possessing technical skills in order to achieve effective implementation. This work utilizes a systematic literature review using the PRISMA technique and applies meta-analysis as the research methodology, enabling a thorough investigation of the present information available. The results emphasize the significant and positive effect of BCT on agriculture, emphasizing the need for cooperative endeavors among governments, industry pioneers, and technology specialists to encourage its extensive implementation and contribute to the advancement of a sustainable and resilient food system.
Subject
Computer Networks and Communications
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