Blockchain in Agriculture: Transforming the Food Supply Chain for Transparency and Efficiency in the European Union

Gheorghe Hurduzeu () and Maria-Floriana Popescu ()
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Gheorghe Hurduzeu: Institute of Agricultural Economics, Romanian Academy; Bucharest University of Economic Studies, Faculty of International Business and Economics, Bucharest, Romania
Maria-Floriana Popescu: Bucharest University of Economic Studies, Faculty of International Business and Economics, Bucharest, Romania

Agricultural Economics and Rural Development, 2023, vol. 20, issue 2, 145-153

Abstract: This paper explores the transformative role of blockchain technology in the European Union’s agriculture sector, focusing on the “Farm to Fork” concept. Employing a literature review, the paper examines the applications of blockchain within EU agriculture and its alignment with the EU’s emphasis on food supply chain transparency and efficiency. Several illustrative cases of blockchain implementation in the EU, such as the IBM Food Trust platform, are highlighted. The research underscores how blockchain enhances traceability, trust, and sustainability, thereby strengthening food safety and quality. The paper concludes that blockchain is catalysing a revolution in the EU’s food supply chain, fostering transparency and efficiency while aligning with the overarching objectives of the “Farm to Fork” concept

Keywords: blockchain technology; agriculture; food supply chain; transparency; efficiency (search for similar items in EconPapers)
JEL-codes: Q13 Q18 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:iag:reviea:v:20:y:2023:i:2:p:145-153

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