Blockchain in Agriculture by using Decentralized Peer to Peer Networks
S Thejaswini, K Ranjitha
Abstract
In agricultural production, the supply chain transparency and data integration system plays a major role in certifying food products genuinely. Anyway, agriculturist like (sodbuster, granger, husbandman, etc.) right now are facing n number of problems like relationship between supplier and retailer, transparency causes devastating in production, less financial foundations for agriculturist in developing countries, overpriced interceder and hence it is very difficult to maintain the records and a state of satisfaction with a centralized approach. To address the problems arising from the farmers related to agriculture, the blockchain technology plays a major role in the agriculture industry by improving transparency and food provenance in the supply chain, which is featured by the distributed ledger, centralized servers, P2P (Peer to Peer) networks, As in [1] [10] RFID (Radio-Frequency Identification) tag, consensus verification. Hence, the proposed work explores the different problems faced in agriculture production and the solutions to those problems are addressed by using blockchain technology. By applying blockchain technology as in [5] [7] [8] [9] the supply chain and food provenance not only lengthens the practical domain of blockchain but also upkeeps real heroes of the country around agricultural production. The theoretical analysis of the proposed model reveals that the use of blockchain technology in the food tracking system builds trust among different stakeholders at different stages in the process of agriculture production and provides a hundred percent benefit to them.