Abstract
Agriculture is the backbone of major nations around the world and also a very important sector for the survival of mankind. For a country like India, it contributes immensely and plays a significant role in the overall societal and economical foundation and steadiness. But in spite of all of this, one less focused industry that blockchain has the prospective to transform entirely is agriculture. Even though agriculture is not jargon and attractive as many other sectors such as finance or health care, this very essential and a basic need industry for mankind with lots of issues to be resolved. Blockchain is an innovative and disruptive technology which has a disseminated ledger over a peer-to-peer network for transaction. It provides an insight into inventive approach for information to save, debug, and inculcate transactions and functions and establishing confidence in an open environment in academia and industry by providing renowned and latest technical solutions to traditional problems which are based on this new technology; the security and privacy of blockchains are the center of attraction when deploying blockchain in different applications. The cryptographic aspect is able to provide reliable and secure decentralized solutions. Blockchain has an enormous assortment of applications ahead of cryptocurrencies. The technology is set to drastically renovate a number of industrial sectors like healthcare, financing, and banking. This chapter presents a comprehensive overview and glimpses of the blockchain in agriculture and food sector briefing its applications, case study, and challenges.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Kamilaris, A., Xavier, F., & Boldú, P. (2019). The rise of blockchain technology in agriculture and food supply chains. Trends in Food Science & Technology. https://doi.org/10.1016/j.tifs.2019.07.034.
Borah, M. D., Naik, V. B., Patgiri, R., & Bhargav, A. (2019). Supply chain management in agriculture using blockchain and IoT. In Advanced Applications of Blockchain Technology. https://doi.org/10.1007/978-981-13-8775-3_11.
Baralla, G., Ibba, S., Marchesi, M., Tonelli, R., & Missineo, S. (2018). A blockchain based system to ensure transparency and reliability in food supply chain. In Proceedings of the euro-par: Parallel Processing Workshops, Turin, Italy (pp. 27–28).
Xiong, H., Dalhaus, T., Wang, P., & Huang, J. (2020). Blockchain technology for agriculture: Applications and rationale. Frontiers in Blockchain, 3(7), 1–7. https://doi.org/10.3389/fbloc.2020.00007.
Just, R. E., Calvin, L., & Quiggin, J. (1999). Adverse selection in crop insurance: Actuarial and asymmetric information incentives. American Journal of Agricultural Economics, 81, 834–849. https://doi.org/10.2307/1244328.
Vroege, W., Dalhaus, T., & Finger, R. (2019). Index insurances for grasslands – A review for Europe and North-America. Agricultural Systems, 168, 101–111. https://doi.org/10.1016/j.agsy.2018.10.009.
Turvey, C. G. (2001). Weather derivatives for specific event risks in agriculture. Review of Agricultural Economics, 23, 333–351. https://doi.org/10.1111/1467-9353.00065.
Woodard, J. D., & Garcia, P. (2008). Basis risk and weather hedging effectiveness. Agricultural Finance Review, 68, 99–117. https://doi.org/10.1108/00214660880001221.
Gatteschi, V., Lamberti, F., Demartini, C., Pranteda, C., & SantamarÃa, V. (2018). Blockchain and smart contracts for insurance: Is the technology mature enough? Future Internet, 10, 20. https://doi.org/10.3390/fi10020020.
Lin, Q., Wang, H., Pei, X., & Wang, J. (2019). Food safety traceability system based on blockchain and EPCIS. IEEE Access, 7, 20698–20707.
Demestichas, K., Peppes, N., Alexakis, T., & Adamopoulou, E. (2020). Blockchain in agriculture traceability systems: A review. Applied Sciences, 10(12), 4113. https://doi.org/10.3390/app10124113.
Hammerich, T. (2018). Potential use cases for blockchain in agriculture. Future of Agriculture. https://futureofag.com/5-potential-use-cases-for-blockchain-in-agriculture88d4d2207e8.
Kamble, S. S., Gunasekaran, A., & Sharma, R. (2020). Modeling the blockchain enabled traceability in agriculture supply chain. International Journal of Information Management, 52, 101967.
Salah, K., Nizamuddin, N., Jayaraman, R., & Omar, M. (2019). Blockchain-based soybean traceability in agricultural supply chain. IEEE Access, 7, 73295–73305.
Lucena, P., Binotto, A. P. D., Momo, F. D. S., & Kim, H. (2018). A case study for grain quality assurance tracking based on a blockchain business network. In Proceedings of the Symposium on Foundations and Applications of Blockchain.
Provenance. (2015). Blockchain: The solution for transparency in product supply chains (White Paper). Retrieved September 2020, from https://www.provenance.org/whitepaper
Xu, X., Weber, I., & Staples, M. (2019). Case study: AgriDigital. Springer, Cham: Architecture for Blockchain Applications. https://doi.org/10.1007/978-3-030-03035-3_12.
Rakic, B., Levak, T., Drev, Z., Savic, S., & Veljkovic, A. (2017). Origintrail. In First purpose built protocol for supply chains based on blockchain.
Childerhouse, P., & Towill, D. R. (2011). Arcs of supply chain integration. International Journal of Production Research. https://doi.org/10.1080/00207543.2010.524259.
Avenews-gt. (2018). https://www.avenews-gt.com/
OwlChain. (2017). https://www.owlting.com/obs
Foodcoin. (2017). Foodcoin Ecosystem. https://fcegroup.ch/
TE-Food. (2017). Making business profit by solving social problems, White Paper. Retrieved September 3, 2020, from https://www.te-food.com/te-food-white-paper.pdf
Ripe.io. (2017). http://www.ripe.io/
Agri10x. (2020). https://www.inc42.com/infocus/blockchain-this-week/blockchain-this-week-blockchain-startup-agri10x-to-work-with-indian-farmers-more/
SahyadriFarmers. (2018). https://www.manage.gov.in/publications/reports/Sahyadri-eport.pdf
Abelseth, B. (2018). Blockchain tracking and cannabis regulation: Developing a permissioned blockchain network to track Canada’s cannabis supply chain. Dalhousie Journal of Interdisciplinary Management, 14.
https://www.techslang.com/blockchain-agriculture-getting-it-off-the-ground/Josh Cook, 12 blockchain food & agriculture companies in their own words. https://medium.com/lokaal/12-blockchain-food-agriculture-companies-in-their-own-words-71f8398252eb
OwlTing. (2017). https://www.prnewswire.com/news-releases/owlchain-launched-as-the-worlds-first-food-blockchain-provenance-system-300464467.html
Krishna, A. S., Voora, H., Hallikerehundi, M., Sharma, S., Agrawal, Y., & Thasmiya Noorain, A. N. (2019). Modernizing enterprise business connecting application data with IBM blockchain. IBM Developer. https://www.ibm.com/blockchain.
TE-Food and LAUREL. (2017). The Largest Farm-to-Table Food Traceability Project in the World. Retrieved September 3, 2020, from http://te-food.co.za/use_case.html
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2022 Springer Nature Switzerland AG
About this chapter
Cite this chapter
Kamalakshi, N., Naganna (2022). Role of Blockchain in Agriculture and Food Sector: A Summary. In: Gururaj, H.L., Ravi Kumar, V., Goundar, S., Elngar, A.A., Swathi, B.H. (eds) Convergence of Internet of Things and Blockchain Technologies. EAI/Springer Innovations in Communication and Computing. Springer, Cham. https://doi.org/10.1007/978-3-030-76216-2_6
Download citation
DOI: https://doi.org/10.1007/978-3-030-76216-2_6
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-76215-5
Online ISBN: 978-3-030-76216-2
eBook Packages: EngineeringEngineering (R0)