Applying Blockchain Security for Agricultural Supply Chain Management

Applying Blockchain Security for Agricultural Supply Chain Management

Amarsinh V. Vidhate, Chitra Ramesh Saraf, Mrunal Anil Wani, Sweta Siddarth Waghmare, Teresa Edgar
Copyright: © 2020 |Pages: 10
DOI: 10.4018/IJAEC.2020100103
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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.
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Literature Survey

Fran Casino et al. (Casinoa, 2019) has proposed a survey-based application of blockchain and its tremendous usage in various categories. The team has classified in terms of privacy & Security, Education, Health, IoT, Governance, integrity verification, financial, data management & business. This field is wide open with full of research issues enlisted in this paper. There is another survey given by Marco Conoscenti et al. (Conoscenti, 2016) where they have discussed the Use Cases of the Blockchain beyond Cryptocurrencies, along with various categories based on implementation differences.

A paper by Satoshi Nakamoto (Lin, 2018) has given a concrete solution in terms of bitcoin. It is a purely peer-to-peer version of electronic cash which will allow online payments to be sent directly from one party to another without going through a financial institution.

The paper (Nallapaneni & Mallick, 2018) Jun Lin et al. have proposed the blockchain and IoT based on Food Traceability System. In this paper, they propose a trusted, self-organized, open, and ecological food traceability system base on blockchain and IoT technologies, which involves all parties of the smart agriculture ecosystem, even if they may not trust each other. In this paper, IoT devices used to replace manual recording and verification as many as possible, which can reduce human intervention to system effectively.

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