Agri-food Traceability Using Blockchain Technology to Ensure Value Chain Management and Fair Pricing in Bangladesh

Abstract

The agri-food supply chain plays the most vital role in the socioeconomic sphere to the producer and consumer's avail. In the traditional agri-food supply chain in Bangladesh, the farmers need to hinge on the intermediaries for selling their products as there is a limitation of communicative medium between producers and consumers. Also, the fair pricing of agri-food products and transparency are significant issues in the traditional supply chain system. In this paper, we propose a conceptual blockchain-based agri-food supply chain model for Bangladesh where the farmers can communicate with consumers and sell products directly without any inter-agency. This model helps to incorporate transparency in the agri-food supply chain and fair pricing of the agri-food products between producers and consumers.