Blockchain Centered Traceability and Bitcoin Prediction for Food Crops Supply Chain

Articles in Press

Document Type : Article

Authors

1 Department of Networking and Communications, School of Computing, SRM Institute of Science and Technology, Kattankulathur, Chengalpattu, India 603203

2 Department of Computer Science, SRM Institute of Science and Technology, Kattankulathur, Chengalpattu, India 603203

10.24200/sci.2024.62150.7675

Abstract

Blockchain technology makes agricultural supply chain management absolutely transparent, immutable, decentralized, and secured. The activities are stored in a disseminated shared record with connections towards a decentralized file system, which makes the supply chain tamper proof and traceable from farmhouse to table, which ensures that the food crops sold are safe. Farmers are granted with agri-insurance to buy seeds and during natural calamities. Successful agreements may guarantee cryptocurrency evidence of distribution when products are delivered with automated bitcoin payments to all parties. Farmers are given sound advice by a government panel, which allows to boost crop productivity and an aid to make more informed decisions in farming. The end user can outlook the complete information from the origin of the food crop to the finished goods journey. The proposed system that deals with agricultural food crops uses blockchain technology which provides safety, agreement, dispersed ledger, speedy payout, and decentralization, by accomplishing profit to each and every registered stakeholder and increasing confidence among farmers since the transactions are transparent in blockchain system. Moreover, the recommended system has a user-friendly interface to view and perform all the transaction activities.

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Scientia Iranica

Articles in Press, Accepted Manuscript
Available Online from 26 November 2024

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History

  • Receive Date: 26 March 2023
  • Revise Date: 02 July 2024
  • Accept Date: 24 November 2024

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