TY - JOUR
T1 - The Revolutionary Role of Blockchain Technology in the Agri-Food Sector Focusing on the Food Supply Chain
AU - Pal, Tarun
AU - Bommisetti, Vidya
AU - Suvarnakanti, Praneetha
AU - Dudala, Sai Sushma
AU - Asha, S.
AU - Jaiswal, Varun
N1 - Publisher Copyright:
© 2024 Taylor & Francis Group, LLC.
PY - 2024/1/1
Y1 - 2024/1/1
N2 - The agri-food sector, at the nexus of global sustenance and economic stability, faces an array of challenges ranging from food safety concerns and supply chain inefficiencies to sustainability issues. The reliability and non-centralized nature of technology is growing its appliance from financial systems to different sectors such as agriculture, food, medicine, manufacturing, and education. The concept of smart farming employing modern technologies like big data, the cloud, and the Internet of things (IoT) is the demand of the future. This study aims to provide practical recommendations for stakeholders in the agricultural sector, by analyzing the effectiveness of blockchain technology when it comes to increasing supply chain transparency and resilience. It intends to provide insights for creating contemporary strategies to reform the agri-food business by synthesizing current literature, case studies, and real-world implementations. A comprehensive literature review, supplemented by analysis of case studies and industry reports is the principal method used for creating this report. The stakeholders can build more resilient, sustainable, and equitable food systems, ultimately enhancing food safety, quality, and consumer trust by leveraging blockchain’s capabilities. The implications of this research extend to the potential for a more transparent, productive, and sustainable agri-food sector, laying the groundwork for future research and industry initiatives.
AB - The agri-food sector, at the nexus of global sustenance and economic stability, faces an array of challenges ranging from food safety concerns and supply chain inefficiencies to sustainability issues. The reliability and non-centralized nature of technology is growing its appliance from financial systems to different sectors such as agriculture, food, medicine, manufacturing, and education. The concept of smart farming employing modern technologies like big data, the cloud, and the Internet of things (IoT) is the demand of the future. This study aims to provide practical recommendations for stakeholders in the agricultural sector, by analyzing the effectiveness of blockchain technology when it comes to increasing supply chain transparency and resilience. It intends to provide insights for creating contemporary strategies to reform the agri-food business by synthesizing current literature, case studies, and real-world implementations. A comprehensive literature review, supplemented by analysis of case studies and industry reports is the principal method used for creating this report. The stakeholders can build more resilient, sustainable, and equitable food systems, ultimately enhancing food safety, quality, and consumer trust by leveraging blockchain’s capabilities. The implications of this research extend to the potential for a more transparent, productive, and sustainable agri-food sector, laying the groundwork for future research and industry initiatives.
KW - agriculture
KW - blockchain
KW - Food safety
KW - food traceability
KW - supply chain technology
UR - http://www.scopus.com/inward/record.url?scp=85208779281&partnerID=8YFLogxK
U2 - 10.1080/87559129.2024.2418464
DO - 10.1080/87559129.2024.2418464
M3 - Review article
AN - SCOPUS:85208779281
SN - 8755-9129
JO - Food Reviews International
JF - Food Reviews International
ER -