Journal ArticleOpen Access
Transforming agri-food value chains in Bangladesh: A practical application of blockchain for traceability and fair pricing
Author Affiliations
East West University, University of Liberal Arts Bangladesh
Published InHeliyon
Year2024
Citations14
Abstract
The agricultural sector is a vital component of Bangladesh's economy, but its agri-food supply chain faces signifi-cant inefficiencies primarily due to the involvement of numerous intermediaries. This complexity not only reduces the profits for farmers but also affects the overall transparency and efficiency of the supply chain. This study aims to em-ploy blockchain technology to transform the traditional agri-food supply chain in Bangladesh, focusing on increasing transparency, enhancing efficiency, and improving profitability for farmers, thus potentially bolstering the entire agri-food ecosystem in the country. The research involves setting up a blockchain-based smart contract on the Ethereum Blockchain network. This approach guarantees that all transactions within the agri-food supply chain are transparent, traceable, and accountable. Additionally, the study develops a web…
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