Britain International of Exact Sciences Journal (BIoEx Journal)
Vol 2 No 2 (2020): Britain International of Exact Sciences Journal, May

Application of Blockchain in Agri-Food Supply Chain

Utkarsh Tiwari (Department of Industrial Engineering and Management, Bangalore Institute of Technology, Bangalore, Karnataka, India)



Article Info

Publish Date
11 May 2020

Abstract

Supply chain traceability is one of the most important problems faced by all organizations globally. Tracking any commodity is a tedious job and requires a lot of manual attention. The existing system uses a centralised database system to track a commodity. Blockchain is a decentralised, immutable ledger managed by a cluster of computers. The very nature of blockchain makes it suitable technology for traceability in a supply chain. Blockchain creates immutable records. Once a transaction is stored in the blockchain, it is impossible to tamper it illegally. This immutability of blockchain builds trust among the participants that conduct business in a lack of trust environment. Using consensus protocols, blockchain builds trust between the various participants. Blockchain provides traceability since immutable records are added in blockchain; it is easy to track the source of the product. This paper illustrates the Application of Blockchain in Agri-Food Supply Chain. It unfolds how blockchain technology can be integrated to an Agri Supply Chain and improves the traceability. This integration enables companies to quickly track unsafe products back to their source and see where else they have been distributed. This integration can result to prevent illness and save lives, as well as reduce the cost of product recalls.

Copyrights © 2020






Journal Info

Abbrev

bioex

Publisher

Subject

Biochemistry, Genetics & Molecular Biology Chemistry Mathematics Medicine & Pharmacology Physics

Description

Britain International of Exact Sciences Journal is a peer-reviewed journal published in January, May and September by BIAR Publisher. BIoEx Journal welcomes research paper in mathematics, physics, chemistry, biology, engineering, medical sciences, argicultural sciences and other related fields which ...