Applying Blockchain Security for Agricultural Supply Chain Management
Amarsinh V. Vidhate,
Chitra Ramesh Saraf,
Mrunal Anil Wani,
Sweta Siddarth Waghmare and
Teresa Edgar
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Amarsinh V. Vidhate: Ramrao Adik Institute of Technology, India
Chitra Ramesh Saraf: Ramrao Adik Institute of Technology, India
Mrunal Anil Wani: Ramrao Adik Institute of Technology, India
Sweta Siddarth Waghmare: Ramrao Adik Institute of Technology, India
Teresa Edgar: University of Houston, USA
International Journal of Applied Evolutionary Computation (IJAEC), 2020, vol. 11, issue 4, 28-37
Abstract:
Blockchain technology permits a highly secured record keeping and digital transaction. Blockchain technology is changing the digital world and industry by bringing a new view to security, transparency, and efficiency of systems. It provides a safe way for the exchange of products, services, or transaction. Blockchain will enable more agile value chains, faster product innovations, closer customer relationship sector. This paper provides an overview of blockchain technology and its potential in developing a secure and reliable agriculture supply chain management. Agriculture supply chain management systems are vital for getting food products delivered from farmers to the consumers. Blockchain technology can also be used to achieve better prices and payment options, land title registration and for transparent disbursement of subsidies to farmers.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:igg:jaec00:v:11:y:2020:i:4:p:28-37
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