Implementation of Food Supply Chain Management System

Abstract

Over the past few years, the market has undergone tremendous transformation, growing more dynamic and demanding, which has heightened competition. The food business cannot respond to a changing environment without the cooperation, integration, and flexibility of the supply chain. Blockchain seems to be a technology that can manage data efficiently and transparently while building trust. It can also assist with payments that are made in the supply chain without the need for transaction authorization and verification from a third party. Blockchain technology presents a practical answer to the existing supply chain management issues. Supply chain management is implementing Blockchain mostly for transparency and traceability, information sharing, product anti-counterfeiting, and building trust. Utilizing supply chain management as a likely technology for transaction security.