The Impact of Blockchain Technology on Farming Efficiency, Transparency, and Sustainability

Main Authors: Al Hussaini, Muzamil Hussain, Niazi, Imran, Munawar, Nousheen, Abbas, Naveed, Amanat, Ishaq
Format: Article info application/pdf Journal
Bahasa: eng
Terbitan: The Indonesian Institute of Science and Technology Research , 2024
Subjects:
Online Access: https://journal.iistr.org/index.php/BST/article/view/504
https://journal.iistr.org/index.php/BST/article/view/504/405
ctrlnum article-504
fullrecord <?xml version="1.0"?> <dc schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd"><title lang="en-US">The Impact of Blockchain Technology on Farming Efficiency, Transparency, and Sustainability</title><creator>Al Hussaini, Muzamil Hussain</creator><creator>Niazi, Imran</creator><creator>Munawar, Nousheen</creator><creator>Abbas, Naveed</creator><creator>Amanat, Ishaq</creator><subject lang="en-US">Blockchain Technology</subject><subject lang="en-US">Farming Efficiency</subject><subject lang="en-US">Transparency</subject><subject lang="en-US">Sustainability</subject><description lang="en-US">This paper explores the transformative impact of blockchain technology on the agricultural sector, presenting a comprehensive analysis of its multifaceted benefits for farming practices and supply chains. The decentralized ledger system of blockchain is examined in the context of addressing challenges and unlocking new opportunities for stakeholders. Key areas of focus include increasing trust between parties through reliable information about farms, inventories, and contracts; facilitating seamless information sharing across the supply chain by enabling traceability from farm to fork; significantly reducing agricultural transaction costs through intermediary elimination and process automation; simplifying all stages of the agricultural supply chain via streamlined documentation, verification, and quality control; and improving food safety while eliminating counterfeit items through blockchain's capability to ensure authenticity, origin, and quality. This exploration underscores the potential for blockchain to enhance transparency, efficiency, and sustainability in agriculture, thereby reshaping the future of the industry.</description><publisher lang="en-US">The Indonesian Institute of Science and Technology Research</publisher><date>2024-02-26</date><type>Journal:Article</type><type>Other:info:eu-repo/semantics/publishedVersion</type><type>Journal:Article</type><type>File:application/pdf</type><identifier>https://journal.iistr.org/index.php/BST/article/view/504</identifier><identifier>10.56741/bst.v3i01.504</identifier><source lang="en-US">Bincang Sains dan Teknologi; Vol. 3 No. 01 (2024): Bincang Sains dan Teknologi; 34-39</source><source>2961-8746</source><source>2961-8932</source><source>10.56741/bst.v3i01</source><language>eng</language><relation>https://journal.iistr.org/index.php/BST/article/view/504/405</relation><rights lang="en-US">Copyright (c) 2024 Muzamil Hussain Al Hussaini, Imran Niazi, Nousheen Munawar, Naveed Abbas, Ishaq Amanat</rights><rights lang="en-US">https://creativecommons.org/licenses/by-sa/4.0</rights><recordID>article-504</recordID></dc>
language eng
format Journal:Article
Journal
Other:info:eu-repo/semantics/publishedVersion
Other
File:application/pdf
File
Journal:Journal
author Al Hussaini, Muzamil Hussain
Niazi, Imran
Munawar, Nousheen
Abbas, Naveed
Amanat, Ishaq
title The Impact of Blockchain Technology on Farming Efficiency, Transparency, and Sustainability
publisher The Indonesian Institute of Science and Technology Research
publishDate 2024
topic Blockchain Technology
Farming Efficiency
Transparency
Sustainability
url https://journal.iistr.org/index.php/BST/article/view/504
https://journal.iistr.org/index.php/BST/article/view/504/405
contents This paper explores the transformative impact of blockchain technology on the agricultural sector, presenting a comprehensive analysis of its multifaceted benefits for farming practices and supply chains. The decentralized ledger system of blockchain is examined in the context of addressing challenges and unlocking new opportunities for stakeholders. Key areas of focus include increasing trust between parties through reliable information about farms, inventories, and contracts; facilitating seamless information sharing across the supply chain by enabling traceability from farm to fork; significantly reducing agricultural transaction costs through intermediary elimination and process automation; simplifying all stages of the agricultural supply chain via streamlined documentation, verification, and quality control; and improving food safety while eliminating counterfeit items through blockchain's capability to ensure authenticity, origin, and quality. This exploration underscores the potential for blockchain to enhance transparency, efficiency, and sustainability in agriculture, thereby reshaping the future of the industry.
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collection Bincang Sains dan Teknologi
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subject_area Engineering in General
Engineering Education
Computer Science
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city KOTA YOGYAKARTA
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