Abstract

Blockchain has recently emerged as a promising digital technology aspiring to offer trusted financial transactions between various untrusted parties without the requirement for intermediaries in the process, such as banking institutes. This chapter focuses on a specific domain where the application of blockchain technology has significant potential as an essential facilitator of change, namely: agriculture and the food supply chain. A wide range of relevant recently finished or on-going projects and initiatives are introduced, noting relevant barriers, challenges, potential benefits, and opportunities, addressing the question of whether blockchain has matured enough as a technology to be effectively used in real-life applications within the agri-food industry. Our findings suggest the use of blockchain as a driver toward a transparent food supply chain, yet numerous barriers still exist, which hinder its broader adoption in agri-food systems. The outstanding barriers involve technical, policy, regulatory and educational issues.

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