Survey on the Applications of Blockchain in Agriculture
L. B. Krithika
Abstract
Dating back many millennia, agriculture is an ancient practice in the evolution of civilization. It was developed when humans thought about it and concluded that not everyone in the community was required to produce food. Instead, specialized labor, tools, and techniques could help people achieve surplus food for their community. Since then, agriculture has continuously evolved across the ages and has occupied a vital, synergistic position in the existence of humanity. The evolution of agriculture was based on a compulsion to feed the growing population, and, importantly, maintain the quality and traceability of food, prevent counterfeit products, and modernize and optimize yield. Recent trends and advancements in blockchain technology have some significant attributes that are ideal for agriculture. The invention and implementation of blockchain have caused a fair share of positive disruptions and evolutionary adoption in agriculture to modernize the domain. Blockchain has been adopted at various stages of the agriculture lifecycle for improved evolution. This work presents an intense survey of the literature on how blockchain has positively impacted and continues to influence various market verticals in agriculture, the challenges and the future.