Analysis of Agricultural Supply Chain Management for Traceability of Food Products using Blockchain-Ethereum Technology
Pooja Sancheti, Meeradevi Meeradevi, Monica R. Mundada
Abstract
The current agricultural supply chain is a centralized system that has many issues related to integrity, tracking, organizing the transactions. There is lack of trust and transparency in the supply chain. There are many irregularities in the implementation of schemes. The consumers doubt the quality of the food supplied to them. The farmers, wholesalers are affected from the payment frauds by the middlemen. Blockchain helps us solve these issues by keeping track of all the different stages of food. The public blockchain being transparent, open, immutable, trackable helps in reducing the irregularities, frauds. This paper proposes the agricultural supply chain system model that uses the Ethereum platform. The smart contracts are developed for different stages of the supply chain. These contracts ensure that all the pre-decided conditions are satisfied before proceeding with the transactions. This system ensures security, reliability, trust, openness. It eases the transactions, administrative processes. It gives a fair chance to farmers to quote a price using smart contracts.