Abstract

With the global population projected to exceed 10.9 billion by 2100, agriculture faces significant strain. One approach to alleviate this pressure is through the use of blockchain technology, which could improve the traceability and transparency of agricultural products. This study investigates blockchain’s characteristics, advantages, and challenges to determine its suitability for agricultural supply chain management (ASCM). The methodology involved selecting keywords and conducting searches for papers published between 2017-2021 across multiple scholarly databases including Google Scholar, Scopus, Cross Ref, Science Direct, and Emerald Insight. The PRISMA method was employed for the literature review, resulting in the analysis of 91 papers. The analysis identified the top ten most commonly discussed blockchain characteristics. Findings suggest that blockchain technology offers advantages such as increased operational efficiency, enhanced management data transparency, intelligent contract management, and mitigation of fraud, errors, and financial losses in ASCM. However, blockchain adoption faces challenges including regulatory hurdles, stakeholder relationships, data ownership, scalability issues, and knowledge gaps. This study contributes to the understanding of blockchain's potential in ASCM and underscores the importance of addressing these challenges for its effective implementation.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.