Published January 20, 2021 | Version Accepted pre-print
Book chapter Open

Blockchain in agriculture

  • 1. CYENS Center of Excellence, Nicosia, Cyprus and Pervasive Systems Group, University of Twente, Enschede, The Netherlands
  • 2. CYENS Center of Excellence, Nicosia, Cyprus
  • 3. Institute of Agriculture and Food Research and Technology (IRTA), Barcelona, Spain

Description

Blockchain is an emerging digital technology allowing ubiquitous financial transactions among distributed untrusted parties, without the need of intermediaries such as banks. This chapter examines the impact of blockchain technology in agriculture and food supply chain, presents existing ongoing projects and initiatives, and discusses overall implications, challenges and potential, with a critical view over the maturity of these projects. Our findings indicate that blockchain is a promising technology towards a transparent supply chain of food, with many ongoing initiatives in various food products and food-related issues, but many barriers and challenges still exist, which hinder its wider popularity among farmers and systems. These challenges involve technical aspects, education, policies and regulatory frameworks.

Notes

This work has been partly supported by the project that has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 739578 (RISE – Call: H2020-WIDESPREAD-01-2016-2017-TeamingPhase2) and the Republic of Cyprus through the Deputy Ministry of Research, Innovation and Digital Policy.

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Funding

RISE – Research Center on Interactive Media, Smart System and Emerging Technologies 739578
European Commission