Dairy Supply Chain System Based on Blockchain Technology
Shuvam Shingh, V. Kamalvanshi, Sarthak Ghimire, Sudarshan Basyal
Asian Journal of Economics, Business and Accounting · pp. 13–19 · Published 2 Mar 2020
10.9734/ajeba/2020/v14i230189Abstract
With the increase in the complexity of the dairy supply chain system, consumers know very less about the products produced or processed by producer or processor. Such information asymmetry present in the dairy industry has serious concern over human health, environmental sustainability, and welfare issues. In this context, we require the effective dairy supply chain system that not only fulfils the information requirement of the consumers but also increase the trust of the consumer on the dairy product they are consuming. The paper tries to present the application of Blockchain technology in the dairy sector. It focuses on the application of the Blockchain technology on improving the dairy supply chain system. This paper presents how this technology can be used in the dairy supply chain system and outlines the potential benefit of it to the different stakeholders and the whole dairy industry as a whole. This is a review article based on the secondary data and information that are obtained from various published articles.
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