Exploring IoT-Blockchain Integration in Agriculture: An Experimental Study
Namrata Marium Chacko, V G Narendra, Mamatha Balachandra, Suryaansh Rathinam
Abstract
The incorporation of Internet of Things (IoT) technology with agriculture has transformed several farming practices, bringing unparalleled simplicity and efficiency. This article explores the robust integration of IoT and blockchain technology(BIoT) in agricultural operations, offering insight into the resulting BIoT system’s design. This study investigates the potential benefits of merging the IoT and blockchain technologies in agriculture. A system for tracking plant growth using sensors and blockchain-integrated IoT has been developed and analyzed. Through empirical investigation, the report highlights greater efficiency, transparency, and security as significant benefits of BIoT architecture. A cost analysis is also conducted, showing that the system is cost-effective. The paper also proposes a mathematical formula for the calculation of infrastructure cost. It also looks at the problems of integrating BIoT in agricultural contexts, such as technological complications and the need for stakeholder participation. The findings indicate that the IoT can potentially revolutionize agricultural practices drastically, but its practical implementation would need careful consideration of technological, economic, and societal considerations. Empirical analysis is conducted to analyze the latency, throughput, and transaction scalability. The paper concludes with research suggestions, emphasizing the significance of interdisciplinary collaboration and the consequences of BIoT deployment in agriculture.