Creating Traceability in Spice Production and Providing Crop Insurance to Farmers on Crop Failure using Blockchain: A Comprehensive Survey

In terms of production, consumption, and exports of spices, India leads the globe. Almost all of India’s states and union territories cultivate some type of spice. India exports spices to all over the world. Due to urbanization, individuals are now searching for information about the sources of their food. Meanwhile, the farmers who cultivate spice crops face a lot of crisis due to crop failure. This study presents utilization of block-chain technology to enhance traceability in spice production and provide crop insurance to farmers in the event of crop failure. There is a need to increase product quality, supply chain transparency, and lower the risk for farmers by offering a safety net in the form of a financial system.The system should make an unchangeable record of every stage of production from planting to harvesting, processing, and distribution—using blockchain.All supply chain participants will have access to this record, promoting accountability and openness. A crop insurance policy based on smart contracts will also be incorporated into the system, automatically compensating farmers if their crops fail. We intend to remove the middlemen from the system by using IoT technology and Machine Learning methods to identify the soil quality and crop diseases.