Open AccessBlockchain Technology in Agriculture: A Case Study of Blockchain Start-Up Companies
Author(s) -
Chandra Sekhar Bhusal
Publication year - 2021
Publication title -
international journal of computer science and information technology/international journal of computer science and information technology (chennai. print)
Language(s) - English
Resource type - Journals
eISSN - 0975-4660
pISSN - 0975-3826
DOI - 10.5121/ijcsit.2021.13503
Subject(s) - blockchain , traceability , computer science , safer , agriculture , scalability , product (mathematics) , computer security , smart contract , software engineering , database , ecology , geometry , mathematics , biology
Agriculture is one of the areas where blockchain technology could bring a revolution by solving the existing problem of Agri-product fraud, its traceability, price manipulation, and lack of customer trust in the product. This paper aims to demonstrate the potential application of blockchain technology in the agriculture industry and how it could address the existing issues by surveying the existing paper and following case studies of the blockchain start-up companies. Blockchain technology shows a promising approach to fostering a safer, better, more sustainable, and dependable agri-foods system in the future. While the application of blockchain in agriculture is in the initial phase and faces various issues like cost of implementation, privacy, security scalability, performance, and infancy, it can bring a revolution in the agriculture industry.