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Rebuilding Food Supply Chain with Introducing Decentralized Credit Mechanism

Published: 04 December 2020 Publication History

Abstract

Although the trust mechanism for agricultural product transactions has systems and laws to endorse the contract, this kind of "credit relationship" and security mechanism lack sufficient trust. Currently, the design of the RFID traceability system is used to solve the problem of data reading, but situation such as data can be tampered with and problem of data security exist. Blockchain is a distributed, shared and encrypted database. Through distributed accounting, a decentralized credit system is established to enhance data security, which is a new mode to save time and costs. In this paper, On the basis of systematically sorting out the focal points and problems of food supply chain system, reanalyzes the framework of traditional food supply chain systems. Moreover, after analyzing the characteristics the blockchain technology, a decentralized credit mechanism of food supply chain is proposed. Furthermore, the traceability of agricultural products based on the blockchain can realize fast and secure authentication permissions and achieve data security in which data cannot be tampered with or forged from anti-counterfeiting, and information privacy is protected.

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Cited By

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  • (2024)Blockchain technology in the agri-food supply chain: a systematic literature review of opportunities and challengesManagement Review Quarterly10.1007/s11301-023-00390-0Online publication date: 8-Jan-2024

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MISNC2020&IEMT2020: Proceedings of the 7th Multidisciplinary in International Social Networks Conference and The 3rd International Conference on Economics, Management and Technology
October 2020
178 pages
ISBN:9781450389457
DOI:10.1145/3429395
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than the author(s) must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected].

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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 04 December 2020

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Author Tags

  1. Blockchain
  2. Food Supply Chain
  3. credit mechanism

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  • Research-article
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  • Refereed limited

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MISNC2020&IEMT2020

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Overall Acceptance Rate 57 of 97 submissions, 59%

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Cited By

View all
  • (2024)Blockchain technology in the agri-food supply chain: a systematic literature review of opportunities and challengesManagement Review Quarterly10.1007/s11301-023-00390-0Online publication date: 8-Jan-2024

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