Food Supply Chain Traceability by Using Blockchain Technology

Abstract

In the digitized world, everything and products are being designed and used with the help of advanced technologies. The Agriculture industry is not an exception; Walmart has started tackling food safety by using blockchain technology in the supply chain. As agriculture is one of the most influential sectors for the world economy and has also a great impact on the livelihood of the people. As the agriculture industry is growing globally, it is difficult to keep an eye on the information of the whole food supply chain management. So be able to increase the transparency, food safety and customer satisfaction digitalization of food is the need of the hour. In context to Indian economy very little research has been done in the area of addressing farmer’s problem by using blockchain technology. This research will help in addressing the major issues of traceability, transparency and quality and trust in food supply chain management and the hybridisation of agriculture field by using blockchain technology. This new technology has led to new products and new methods to organise the supply chain in an efficient way and analyze the blockchain framework for the traceability of products. This study aims to find out the challenges and issues faced by the farmers in the food supply chain and to propose the relevant efficient and transparent solutions that will benefit farmers as well as customers in the long run.