Paper Key : IRJ************542
Author: Archana Tryambak Waje
Date Published: 24 Apr 2024
Abstract
The entire blockchain-based supply chain restoration for food and agriculture (agri-food). It utilizes smart contracts and the fundamental elements of blockchain technology, both of which are utilized on blockchain networks. This paper describes how blockchain technology works, how it could be used, how it might affect the state of the current SCM Registry systems, and what legal experts do. Blockchain's widespread adoption is detrimental to government agencies and businesses that are thought to be reliable enough to manage transactions. Therefore, to guarantee distribution methods, confidence, and traceability in the Agri-Food supply chain, a robust system is required. Under the suggested arrangement, every transaction is recorded on the blockchain, which uploads the information to the Interplanetary File Storage System (IPFS). Identifying how blockchain technology might transform the supply chain and logistics sector is the primary goal. The common problems in these fields were taken into the account, and the primary characteristics of blockchain technology that can address these problems were noted. We learned about the potential drawbacks and advantages of blockchain-based applications through the poll. This thesis can enable many firms to collaborate with companies developing blockchain-based solutions, given the existing state of the supply chain and logistics sector.
DOI LINK : 10.56726/IRJMETS53089 https://www.doi.org/10.56726/IRJMETS53089