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Blockchain Technology in the Food Supply Chain: Empirical Analysis

Blockchain Technology in the Food Supply Chain: Empirical Analysis

Arokiaraj David, C. Ganesh Kumar, P. Victer Paul
Copyright: © 2022 |Volume: 15 |Issue: 3 |Pages: 12
ISSN: 1935-5726|EISSN: 1935-5734|EISBN13: 9781683180265|DOI: 10.4018/IJISSCM.290014
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MLA

David, Arokiaraj, et al. "Blockchain Technology in the Food Supply Chain: Empirical Analysis." IJISSCM vol.15, no.3 2022: pp.1-12. http://doi.org/10.4018/IJISSCM.290014

APA

David, A., Kumar, C. G., & Paul, P. V. (2022). Blockchain Technology in the Food Supply Chain: Empirical Analysis. International Journal of Information Systems and Supply Chain Management (IJISSCM), 15(3), 1-12. http://doi.org/10.4018/IJISSCM.290014

Chicago

David, Arokiaraj, C. Ganesh Kumar, and P. Victer Paul. "Blockchain Technology in the Food Supply Chain: Empirical Analysis," International Journal of Information Systems and Supply Chain Management (IJISSCM) 15, no.3: 1-12. http://doi.org/10.4018/IJISSCM.290014

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Abstract

This paper explains about the feasibility of Blockchain Technology in food organization. The technology of BCT helps the organizations to achieve integrity among peer-to-peer nodes, such as maintaining proof of work, reducing intermediaries, traceability, etc. It can be applied in the BCT at different levels of Supply Chain Management processes. This empirical study was conducted with the help of the primary data. The data was collected from food industry managers who have knowledge about the BCT in the process of supply chain management. The questionnaire was prepared based on the different supply chain activities like procurement, pre-processing, logistics, warehousing, inventory management, distribution, retailing, processing, and marketing activities. Based on the literature and data analysis, the BCT had the greatest advantages are cost reduction, traceability, time-saving, immutability, authentication and proof of work. The major weaknesses that are associated with present employees having a lack of knowledge, limited scalability, complexity in usage, and high initial cost.