Blockchain and IoT Technologies for Sustainable Food Supply Chain Management and Traceability for SMEs

Abstract

Product Traceability has become very complicated in supply chain management particularly in the FMCG sector. Abundant growth of technology, security, and privacy is a prominent concern in the digital market however nowadays Blockchain technology is an alternate and plays a very crucial role in product traceability and security over the supply chain market. Blockchain has an innovative solution to store and maintain the data in a secure manner to ensure transparency and visibility between all stakeholders. Quality and Sustainability of the product is the key concern for the customer in blockchain-based supply chain management. The main problem in the existing solution is the centralized or distribution system that lacks the transparency of transaction details, and quality of the product. In which we have made a proposed solution is called decentralized system based on Ethereum Blockchain framework which will be useful to exhibit the awareness of the complete product supply from end to end product journey for each stakeholder involved in the supply chain industry. As the result of this study suggests that the entire context of the product journey, customer payment information, and tracking of the consignment are viewed by the customer through online QR code technology on each product in a sustainable food supply chain market using IoT features. Eventually, it allows the consumer to detect the source of the branded products empirically in the market