Supply Chain Management in Agriculture Using Blockchain and IoT

Abstract

Blockchains play a vital role in FARMAR to track and trace the origin of food products in food supply chain. Supply Chain Management (SCM) is an essential business process in all spheres of the economy. SCM uses specific processes to connect from producer to consumer requirement through a chain. In a BCT(Blockchain Technology) based system, “records are immutable and trusted, eliminating the need for third parties to be involved. Potential farmer-facing impacts include ensuring that farmers receive timely and complete payments through the use of smart contracts and helping farmers to capture real-time data to more effectively manage their crops and harvests (source: nextbillion.net)”. Another benefit of using BCT in FARMAR is security where hacking or tampering the existing data is impossible by any intermediary. As an add-on to this process, IoT devices (Mobile phone-based Android app) are used to update the real-time quality and transit time of the product in FARMAR. It is integrated for improved traceability and usability of the products in the supply chain. The FARMAR aims to achieve these goals by developing a web application where FARMAR creates a value chain of integrity from farm to fork by using BCT.