What is it about?

The integration of sensors and the internet to the supply chain has created a new window in the supply chain management called a virtual supply chain which bears the features such as real-time tracking and monitoring of goods flow in the physical supply chain. The food supply chain is one of the delicate supply chains due to perishability, which can be due to various physical and biological factors, also the stringent safety and sustainability requirements of the product. The use of sensors and IT technology enables real-time data collection of the changes that take place in the food supply chain.

Featured Image

Why is it important?

The paper presents the integration of blockchain to the current virtual supply chain thus eliminating or changing the roles of intermediaries in the virtual supply chain and facilitating transparency, integrity, and authenticity of the data in the food supply chain.

Perspectives

The food supply chain is one of the complex and sensitive supply chains as issues such as the perishability of the product is always associated with it. With proper tracking and monitoring the bottlenecks in the supply chain can be analyzed. The visualization of the food supply chain can provide efficiency and lower the rate of product being corroded by the bottlenecks occurring in the supply chain. Using various sensors and their integration with the supply chain provides real-time tracking of the product. Efficiencies in operation and reduced trust issues in the supply chain are obtained by reducing the human interference in the data being entered which can be achieved by integrating blockchain with the virtual supply chain. Blockchain provides various features such as a tamperproof and immutable database which is shared among the participants in real-time and operates based on the consensus mechanism. Using the smart contract features various rules and regulations along with standards for food security that can be automatically compared with the data received by the sensors via the internet and fed in the block.

Dr. Jitendra Yadav
ICFAI Foundation for Higher Education

Read the Original

This page is a summary of: An overview of food supply chain virtualisation and granular traceability using blockchain technology, International Journal of Blockchains and Cryptocurrencies, January 2020, Inderscience Publishers,
DOI: 10.1504/ijbc.2020.108997.
You can read the full text:

Read

Resources

Contributors

The following have contributed to this page