From Farmers to Consumers: Optimization of Food Supply Chain Using Blockchain Technology

The globalization of the food sector has resulted in significant challenges related to food supply chains. The current methodology of using RFID Technology lacks in certain aspects. To address the challenges, Blockchain technology has evolved as a suitable decentralized solution with transparency, increased security, reduced transaction costs, and overall efficiency. This system intends to achieve integrated data management, real-time tracking of food products, automated traceability management, and prompt data transmission. Its purpose is to address issues related to technology, cost, security, privacy, and governance that create a strong bond between the supply chain entities and consumers. The result is the possibility of transforming the world's food supply chain and establishing transparency and traceability with overall efficacy. The proposed system intends to demonstrate how Blockchain can be adapted to transform the food supply chain from how food is produced, distributed, and consumed on a global level. Moreover, it guarantees process simplification, eliminates excess operative inefficiency, and manifests the accuracy of data provided with labels.