The Advent of Blockchain Technology in Organic Food Value Chain

Management

Blockchain Technology is an emerging concept gaining popularity in digital financial transactions, discarding intermediaries on a highly secure platform. This chapter examines the influence of blockchain technology in Organic food value chain, perceived the existing structure and exposure and outlined the challenges and potential with a critical view over the span of this technology. How the work can be made more efficient and productive using this technology is the main inspiration of this chapter. Our finding indicates a secure, transparent and promising technology towards the flow of a smooth organic food value chain with ongoing initiatives in various agricultural and processed organic food products. How the data can be well stored and used using this magical technology is a great experience for researchers, but many challenges and barriers exists, which obstruct its acceptance among farmer and other elements of food chain. The barrier involves technical aspects, lack of talent, energy consumption, standardization, Govt. support and regulatory framework. Coming future will surely perceive remarkable out-turn in agricultural sector by incorporating this technology in a genuine manner.

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