• Version
• Download 20
• File Size 991.25 KB
• File Count 1
• Create Date 18 February 2025
• Last Updated 18 February 2025

Blockfarm Nexus: A Comprehensive Blockchain Framework for Securing Agricultural Supply Chains

1st R Ramakrishnan, 2nd A Abishaya, 3rd S Aishwarya,

Associate Professor, Department of computer Applications, Sri Manakula Vinayagar Engineering College

(Autonomous), Puducherry 605008, India

Post Graduate student, Department of computer Applications, Sri Manakula Vinayagar Engineering College

(Autonomous), Puducherry 605008, India

abishaya12a@gmail.com

Post Graduate student, Department of computer Applications, Sri Manakula Vinayagar Engineering College

(Autonomous), Puducherry 605008, India

aishwaryasomaraj@gmail.com

*Corresponding author’s email address: abishaya12a@gmail.com

ABSTRACT: Blockchain technology is gaining significant traction in agricultural applications, offering innovative solutions to meet the diverse needs within the ecosystem of agricultural products. This paper explores the limitations of traditional Agri-cloud systems and highlights how blockchain technology addresses these challenges by revolutionizing data sharing through decentralized platforms. The integration of cryptocurrency-based payments provides an efficient alternative to traditional web-based payment methods, enabling secure transactions in decentralized marketplaces.

Blockchain, as an emerging digital technology, facilitates seamless and secure financial transactions among distributed, untrusted parties without relying on intermediaries such as banks. This study examines the transformative impact of blockchain in agriculture and the food supply chain by analyzing ongoing projects, initiatives, and their implications. Furthermore, it critically evaluates the maturity of these applications and highlights barriers such as technical complexities, lack of education, inadequate policy frameworks, and regulatory challenges that hinder widespread adoption.

The findings indicate that blockchain has significant potential to create a transparent and traceable food supply chain, fostering trust among stakeholders. However, overcoming technical, educational, and policy-related obstacles is crucial for its broader adoption. This paper contributes to understanding blockchain’s role in advancing agricultural innovation and its challenges, offering insights for researchers, policymakers, and industry practitioners aiming to enhance the sustainability and efficiency of food systems.

Keywords: blockchain technology, e-data sharing, cryptocurrency payments, secured transactions food supply chain, transparency, supply chain transparency, decentralized marketplace, Agri cloud, traditional web payments.

Download