Abstract
Food is a daily requirement for everyone, while production patterns are seasonal. With the rise in world population and recent climate changes, it is becoming difficult to ensure that households can access affordable, nutritious food. Producing sufficient nutrients is becoming more difficult because water and soil resources are already stressed and will be further strained by climate change. Improving food security has several domains: complex climate models, genetics research, modeling market and household behaviors, political shocks, and detailed environmental research. Moreover, big data analytics is a great tool for modeling and understanding relations between the market, food access, household income, local food availability, and predicting future requirements in developed countries. These advantages have lagged in developing countries, and data analytics can not be applied due to the gaps in data availability and modeling. This work currently focuses on improving food security by managing the available production through strategic grain reserves. The governments store grains to improve national food security. The increasing demands for more transparency in public administration increase new technology to increment the management capacity, focusing on better controls and governance mechanisms. Blockchain technology emerges as a promising technology to enhance visibility, transparency, and data integrity with an immutable distributed ledger to increase trust in the parties' business transactions. This paper discusses blockchain technology and its potential role in strategic grain reserve management for better control, monitoring, and producing real-time reliable tamper-proof data to develop critical models for big data analytics and future prediction systems.
Published Version
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