1. Smart Contracts for Managing the Agricultural Supply Chain: A Practical Case Study
- Author
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Eman-Yaser Daraghmi, Shadia Jayousi, Yousef-Awwad Daraghmi, Raed S. M. Daraghma, and Hacene Fouchal
- Subjects
Agriculture supply chain ,blockchain ,smart contract ,traceability ,Electrical engineering. Electronics. Nuclear engineering ,TK1-9971 - Abstract
The agriculture sector stands as one of the most significant sectors sustaining 70 percent of the world’s population. In this sector, the supply consists of a series of interconnected stages, spanning from farming through production to the final delivery of goods to the end customer. A lack of transparency within the supply chain presents the largest gap between suppliers and retailers, such as not ensuring the true value of products or services. This research introduces AgroChain, a Blockchain-based system that is designed to support the Agricultural Supply Chain (ASC) process. For scalability purposes, the proposed AgroChain solution comply with a process model that separates the registry of agricultural records from the record itself. The development of the AgroChain prototype along with its smart contracts that establish a transparent, yet secure, environment within the ASC under Quorum which is Ethereum oriented network is illustrated in this research. This research demonstrates that Blockchain networks offer a solution to manage the ASC ensuring traceability, privacy and integrity. Moreover, the research indicates that there is a pressing need to promote the standardization of ASC smart contracts, incorporating secure and straightforward process. Smart contracts have to ideally be implemented in consortium environments, enabling reliable validation of transactions by independent third parties without necessitating access to their content. Moreover, investigating the accountability for illegal activities become challenging.
- Published
- 2024
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