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Blockchain in Agriculture : Transforming the Food Supply Chain for Transparency and Efficiency in the European Union

Author

Listed:
  • Gheorghe HURDUZEU

    (Institute of Agricultural Economics, Romanian Academy; Bucharest University of Economic Studies, Faculty of International Business and Economics, Bucharest, Romania)

  • Maria-Floriana POPESCU

    (Bucharest University of Economic Studies, Faculty of International Business and Economics, Bucharest, Romania)

Abstract

This paper explores the transformative role of blockchain technology in the European Union’s agriculture sector, focusing on the “Farm to Fork” concept. Employing a literature review, the paper examines the applications of blockchain within EU agriculture and its alignment with the EU’s emphasis on food supply chain transparency and efficiency. Several illustrative cases of blockchain implementation in the EU, such as the IBM Food Trust platform, are highlighted. The research underscores how blockchain enhances traceability, trust, and sustainability, thereby strengthening food safety and quality. The paper concludes that blockchain is catalysing a revolution in the EU’s food supply chain, fostering transparency and efficiency while aligning with the overarching objectives of the “Farm to Fork” concept

Suggested Citation

  • Gheorghe HURDUZEU & Maria-Floriana POPESCU, 2023. "Blockchain in Agriculture : Transforming the Food Supply Chain for Transparency and Efficiency in the European Union," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 20(2), pages 145-153.
    • Handle: RePEc:iag:reviea:v:20:y:2023:i:2:p:145-153
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    References listed on IDEAS

    as
    1. Li, Yina & Liao, Anni & Li, Lixu & Zhang, Min & Zhao, Xiande & Ye, Fei, 2023. "Reinforcing or weakening? The role of blockchain technology in the link between consumer trust and organic food adoption," Journal of Business Research, Elsevier, vol. 164(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    blockchain technology; agriculture; food supply chain; transparency; efficiency;
    All these keywords.

    JEL classification:

    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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