Transparent and Traceable Food Supply Chain Management

TL;DR

This paper proposes a blockchain-based system to enhance transparency, traceability, and efficiency in the food supply chain by providing a complete digital record of product journeys from raw materials to stores.

Contribution

It introduces a novel blockchain system for full product tracking in food supply chains, improving transparency, quality assessment, and fraud detection capabilities.

Findings

Enhanced traceability and transparency of food products

Reduced fraud and inefficiencies in the supply chain

Potential for increased overall supply chain efficiency

Abstract

The food supply chain has a number of challenges, including a lack of transparency and disengagement among stakeholders. By providing a transparent and traceable digital ledger of transactions and movements for all supply chain actors, blockchain technology can provide a resolution to these problems. We propose a blockchain-based system for tracking a product's full path, from its raw components to the finished item in the store. Many advantages of the offered system include improved quality assessment, increased product transparency and traceability, and sophisticated fraud detection capabilities. By reinventing the way transactions are carried out and enabling stakeholders to obtain a complete record of each product's journey, the system has the potential to completely alter the food supply chain. Also, by minimising inefficiencies, waste, and fraudulent activities that have a negative influence on the supply chain, the deployment of this system can remove limits imposed by the current supply chain. Overall, the suggested blockchain-based system has the potential to significantly increase the efficiency, transparency, and traceability of the food supply chain.