Blockchain Technology and Advancements in the Agri-food Industry

PurposeThe purpose of this article is to present the fundamental concepts, features, advantages, limitations, and possible applications in the agri-food supply chain. Blockchain technology helps in minimizing transaction costs and time, boosting process efficiency, and safety, including transparency, and increasing stakeholder confidence.MethodsSeveral scientific databases were searched with specific keywords and relevant research and review articles were collected and reported.ResultsMaintaining data immutably and facilitating speedy monitoring through all phases of the food supply chain, blockchain increases transparency across all levels of the agri-food sector. Though the potential of the technology is proven, the implementation faces some challenges that require to be explored further with various conceptual frameworks developed for that purpose.ConclusionThis review explores the potential, features, and applications of blockchain technology to enable the flexible agri-food supply chain, various conceptual frameworks developed to achieve a traceable food supply chain, and barriers associated with the implementation of the technology.