Unleashing the Game-changing Potential of Blockchain Technology in Agriculture Supply Chains: A Review

The potential for utilizing this technology is high, especially for the agricultural sector, as it is believed to have the power to change the entire chain. It is a technology that is believed to help improve the tracking of products, starting from the farm and reaching the table, while ensuring the quality and safety of products and giving power to the farmers. Overall, implementing blockchain in agriculture could lead to more sustainable practices and a more resilient food system. A comprehensive search strategy was developed to identify relevant literature on blockchain technology applications. This was done according to the PRISMA guidelines. Searches were carried out on various databases, including PubMed, IEEE Xplore and Scopus. The keywords used were “blockchain technology,” “applications,” “benefits” and “challenges.” Different inclusion and exclusion criteria were used to select relevant articles from the databases. Research shows that blockchain technology can improve the agricultural supply chain by enabling effective tracking and management, thereby addressing issues of fraud and counterfeit goods. It is predicted that most firms will embrace this technology by the year 2030, which will greatly affect the management of the food supply chain. Blockchain technology enables the sharing of data, helping farmers make informed decisions about resources while ensuring transparency in the distribution of foreign aid. Some of the problems associated with these technologies include high computing costs, the need for expertise and a lack of knowledge among agricultural stakeholders.