Empowering agriculture and food industry supply chains: a comprehensive study on blockchain technology enablers

The revolutionary impact of Blockchain Technology is undeniable, transforming industries globally with its ability to reduce costs, shorten processing times, and eliminate intermediaries. It is reshaping industries by establishing trust and transparency through its immutable and traceable nature, leading to a paradigm shift in supply chain management operations. So, driven by the need to eliminate inefficiencies, this technology is gaining strong traction in the agricultural and food industries to streamline its operation. However, a comprehensive understanding of the factors enabling Blockchain Technology is essential for its effective implementation in this industry. The prime focus of the present work is to identify and prioritize Blockchain Technology enablers that can mitigate the challenges associated with the agriculture and food industries. In this regard, this study presents a novel Intuitionistic Fuzzy Grey Relational Analysis (IF-GRA) method for assessing the enablers of Blockchain Technology. The study identified Traceability as the most vital factor with a grey relational grade value of 0.987, followed by Smart Contracts (0.9302), Transparency (0.9238), and Real-Time Connectivity (0.8037). Further, this research also provides essential insights for agricultural and food industries contemplating the integration of Blockchain Technology.