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Top 20 Supply Chain Startups in 2025

Posted on by Bhavya Dave

The supply chain industry is changing rapidly, driven by advancements in technology, automation, and sustainability. In 2025, startups are at the forefront, introducing innovative solutions that boost efficiency, cut costs, and improve transparency. From AI-driven logistics to blockchain-based tracking, these companies are changing global supply chains.

With challenges like geopolitical tensions and changing consumer demands, businesses need smarter, more resilient supply chain solutions. Startups are addressing these needs by using artificial intelligence, IoT, and predictive analytics to optimize operations and reduce risks. The global supply chain management market is projected to reach $30.91 billion by 2026, nearly doubling from $15.85 billion in 2020. 

This blog highlights the top 20 supply chain startups of 2025 that are making a significant impact. Whether improving last-mile delivery, refining inventory management, or increasing supply chain visibility, these companies are shaping the future of logistics. Let’s explore the startups driving supply chain innovation in 2025!

Supply Chain Solutions with Blockchain Technology

Many blockchain technology companies and startup blockchain ventures are emerging that are leveraging blockchain to transform the supply chain industry. These supply chain blockchain startups are offering a variety of solutions, such as:

1. Traceability: Blockchain can be used to track the movement of goods from origin to destination, providing end-to-end visibility. This can help to improve efficiency, reduce fraud, and comply with regulations.

2. Transparency: Blockchain can create a shared ledger of information that is accessible to all parties involved in the supply chain. This can help to improve trust and collaboration and reduce the risk of disputes.

3. Efficiency: Blockchain can automate certain supply chain processes, such as payments and tracking. This can help to reduce costs and improve efficiency.

4. Risk Mitigation: Blockchain can help to mitigate risk by providing a secure and tamper-proof record of transactions. This can help to protect against fraud, theft, and other security threats.

The following are 10 of the top supply chain startups that are leveraging blockchain to transform the industry:

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1. Yojee

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Yojee Limited (ASX: YOJ) is an innovative cloud-based Software as a Service (SaaS) logistics platform. It streamlines freight movements into a unified ecosystem, simplifying land transport management for all stakeholders.

By utilizing modern technologies like blockchain, Yojee ensures transparency, security, and efficiency throughout the supply chain. Notably, it addresses environmental concerns by reducing carbon emissions, contributing to a greener planet. Yojee’s platform revolutionizes logistics, enabling seamless coordination and optimization of freight operations. With its commitment to sustainability and harnessing the power of blockchain in supply chain management, Yojee stands as a frontrunner in transforming the logistics industry towards a more environmentally friendly and technologically advanced future.

2. Te-FooD

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TE-FOOD offers a comprehensive traceability solution spanning the entire supply chain, encompassing logistics and food safety activities. Their platform facilitates transparent data management, ensuring the traceability of livestock and fresh food from production to consumption.

By providing cost-effective software and identification tools, TE-FOOD enhances transparency and accountability in the supply chain. From initial planning to ongoing maintenance, TE-FOOD is integrated throughout the entire process, enabling stakeholders to efficiently track and manage food products. With its holistic approach to traceability and commitment to transparency, TE-FOOD plays a crucial role in improving food safety standards and consumer confidence in the global food supply chain.

3. T-Mining

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Headquartered in Antwerp, T-Mining specializes in enhancing the security and efficiency of maritime logistics processes, notably Secure Container Release. Leveraging decentralized technologies like blockchain, T-Mining pioneers the adoption of concepts such as Self-Sovereign Identity (SSI) and Commercial Privacy. Their solutions empower the industry with user-friendly tools, enabling firms to maintain control over their data while streamlining operations.

T-Mining’s innovative approach ensures heightened security measures while facilitating seamless data management within the maritime logistics sector. With a focus on ease of use and data sovereignty, T-Mining continues to drive advancements in maritime logistics, offering practical solutions that elevate security standards and operational efficiency for businesses operating in the global supply chain.

4. Suku

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Suku is dedicated to expediting the adoption of true Web3 technology. Their mission involves establishing an interconnected ecosystem that unifies web3 communities, fosters distinct experiences and utility, and offers intuitive tools to facilitate user onboarding into Web3 seamlessly. SUKU enables users to actively participate and earn rewards across their platform and partner networks.

By using blockchain technology in supply chain management, Suku ensures transparency, traceability, and efficiency throughout the supply chain. Through their innovative approach, Suku aims to revolutionize the way businesses engage with Web3, empowering users to navigate the decentralized era with ease while driving the widespread adoption of blockchain solutions in supply chain management and beyond.

5. ZEGOFOOD

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ZEGO makes measurably clean food with traceable transparency that meets most dietary needs and educates and inspires consumers to advocate for toxin transparency from all the brands they use. Every product they make has a QR code that links the consumer to its purity tests for over 500 toxins like glyphosate, heavy metals, and pesticides.

6. OriginTrail

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OriginTrail is the first purpose-built protocol for supply chains based on blockchain technology. Blockchain technology has huge potential to decentralize trust in supply chains and bring enormous benefits. To unlock this potential, the OriginTrail protocol was designed to tackle the prime challenges limiting the exchange and integrity of data in product supply chains.

7. Peer Ledger

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Peer Ledger employs advanced blockchain technology to empower companies in fostering collaboration and maintaining comprehensive situational awareness and data capabilities. With a focus on safeguarding human rights, enhancing environmental performance, and mitigating key risks like counterfeiting, conflict-financing, and safety concerns, Peer Ledger revolutionizes supply chain management.

By using blockchain technology in supply chain management, Peer Ledger offers a one-stop solution for companies seeking to enhance transparency and traceability throughout their supply chains. Through real-time data sharing and secure collaboration, Peer Ledger enables organizations to proactively address critical issues, drive sustainability initiatives, and protect their brand reputation. With Peer Ledger, companies can achieve greater resilience, efficiency, and ethical standards in their supply chain operations.

8. Blockhead Technologies

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Blockhead Technologies offers highly customizable and interface-agnostic SaaS solutions for clients in the fuel and mining sectors. Their open architecture is designed for easy integration and scalability. Blockhead Technologies solutions are designed to provide secure, transparent, and comprehensive insight into your company data.

9. CargoCoin

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CargoCoin is designed to be a smart contract & cryptocurrency platform, decentralizing global trade and transport. The eco-system will facilitate and optimize the interaction amongst traders, freight forwarders, ship owners, booking agents, and other parties involved in the international trade and transport of commodities and cargoes.

10. The CargoX

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CargoCoin represents an innovative smart contract and cryptocurrency platform with the aim of decentralizing global trade and transport. This ecosystem serves to streamline and optimize interactions among various stakeholders including traders, freight forwarders, ship owners, booking agents, and other parties involved in international trade and transport of commodities and cargoes. With blockchain technology in supply chain management, CargoCoin revolutionizes traditional supply chain processes, offering transparent and efficient solutions.

Through smart contracts and cryptocurrency, CargoCoin facilitates secure and seamless transactions, eliminating the need for intermediaries and reducing costs. With its focus on enhancing collaboration and efficiency in global trade, CargoCoin paves the way for a more accessible, transparent, and inclusive international trade system.

11. Chronicled

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Chronicled’s first industry revenue management solution, Contracts & Chargebacks, automatically settles chargeback claims between pharmaceutical manufacturers, distributors, and group purchasing organizations to ensure drug pricing accuracy for healthcare providers, pharmacies, and other dispensers. It enables automation, trust, and automatic settlement for transactions between companies in the Life Sciences industry.

12. WAVE BL

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WAVE BL is a blockchain-based digital courier platform that mirrors the traditional process for transferring original paper documents ⁠— electronically. Our solution enables instant, encrypted, and authenticated transfer of Bills of Lading and other unique digital documents. WAVE BL’s mission is to create a paperless world.

13. Morpheus.Network

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At Morpheus.Network, they are intensely focused on helping companies and Government organizations remove barriers to optimize and automate their global supply chain operations. Morpheus.Network uses blockchain technology to create a transparent, and efficient platform to streamline and automate the global supply chain.

14. Konexial

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Konexial creates superb technology to improve the profitability of carriers through edge computing telematics, AI-powered video safety solutions, and Live Supply Chain visibility. It provides technology to the transportation industry through the PaaS (platform as a service) model featuring fleet management, video, and safety management, asset tracking, and fuel savings programs.

15. Grainchain

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Grainchain automates the system of measuring the commodities coming into silos and storage facilities, providing accurate measurement, tracking, and accountability for soft commodities. IT systems such as SiloSys are increasing in popularity worldwide because they eliminate the manual processes of weighing and providing documentation for agricultural yield.

16. OpenPort

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OpenPort is a pan-Asian start-up on a mission to make trucking, logistics, and supply chain startups more efficient in Emerging Markets through its OPEN, neutral, and AI-based platform. OpenPort’s open, neutral, and robust systems allow complete and easy integration with its clients’ ERP systems, providing visibility, reliability, availability of trucks, security, trust, higher cash flows, and stronger sales to its clients.

17. Akiri

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Akiri is a cloud-based network designed to address today’s data liquidity challenges and facilitate the simple and secure movement of information between the diverse participants in the U.S. healthcare economy. the Silicon Valley-based business formation and commercialization enterprise whose founding investor and primary strategic partner is the American Medical Association (AMA).

18. BurstIQ

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LifeGraph from BurstIQ takes the complexity out of managing sensitive human data freeing you to build trust through hyper-personalized health, work, and life digital experiences. Powered by an innovative Web 3.0-ready blockchain platform, LifeGraphs equips your business with trusted, secure, and intelligence-driven data ecosystems.

19. Guardtime

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Guardtime is a team of over 150 cryptographers, developers, and security architects, with decades of experience defending networks from nation-state attacks. Their business model is to build partnerships with companies in every industry, build products, and go to market.

20. Shopping.io

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Shopping.io online with crypto – simplified. Order from major hubs of commerce such as Amazon, Walmart, and eBay using your favorite cryptocurrency. No additional accounts are necessary! Become a token holder and save up to 10% off when you shop online! Enjoy token holder benefits such as free shipping, VIP access, token airdrops, and more!

Conclusion

AI-driven logistics and blockchain are changing how businesses operate, cut costs, and improve efficiency. As global supply chains become more complex, these startups offer innovative solutions that enhance resilience, sustainability, and agility.

From automation and real-time tracking to predictive analytics, these companies are shaping the future of supply chain management. Businesses that adopt these advancements will gain a competitive edge in the market.

Looking ahead, expect further breakthroughs in AI, IoT, and eco-friendly logistics, making supply chains smarter and more interconnected. If you’re seeking ways to optimize your supply chain, these startups provide solutions worth considering.  

Morpheus. Network, a blockchain-powered SaaS, enhances logistics with smart contracts, IoT, and automation. SoluLab integrated blockchain solutions to streamline digital documentation, improve security with ZK-rollups, and automate workflows. This improved efficiency, transparency, and compliance, positioning Morpheus.Network as a leader in decentralized supply chain innovation. SoluLab is a blockchain development company with a team of experts ready to assist you. If you’re looking to hire a blockchain expert, our skilled professionals can help bring your AI projects to life. Contact us today to discuss your requirements!

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FAQs

1. How does blockchain benefit supply chain companies?

Blockchain provides supply chain companies with enhanced transparency, traceability, and security. It ensures an immutable record of transactions, reduces fraud, and streamlines processes, fostering efficiency in the supply chain.

2. What makes these blockchain companies stand out in the supply chain industry?

These blockchain companies stand out due to their innovative approaches in logistics, food safety, cargo security, sustainability, and compliance. They leverage blockchain to address industry-specific challenges and bring transformative solutions to the table.

3. How does SoluLab contribute to blockchain solutions in the supply chain?

SoluLab is a key player contributing expertise and innovative blockchain solutions to the supply chain. The company focuses on enhancing the efficiency, transparency, and security of supply chain operations through its blockchain technologies.

4. Can blockchain really address the challenges of compliance in the supply chain?

Yes, blockchain technology significantly aids in compliance by providing an immutable and transparent ledger. Companies like Peer Ledger use blockchain to streamline compliance processes, ensuring adherence to regulations in a more efficient manner.

5. What role does blockchain play in ensuring food safety in the supply chain?

Blockchain, as demonstrated by ZEGOFOOD, plays a crucial role in ensuring food safety by providing a transparent and immutable record of the entire food supply chain. This enables consumers to trace the journey of their food products and ensures quality and safety.

6. How do these blockchain companies contribute to sustainability in the supply chain?

Companies like SUKU focus on sustainable supply chains by leveraging blockchain to promote responsible sourcing and fair trade. Blockchain’s transparency facilitates ethical business practices, contributing to a more sustainable global supply ecosystem.

7. What are the future prospects for the integration of blockchain in supply chain management?

The future of blockchain in supply chain management looks promising, with ongoing advancements in technology. These blockchain companies, including CargoCoin and The CargoX, indicate a shift towards a future where blockchain will continue to play a pivotal role in optimizing and securing global trade.

 

Blockchain For Supply Chain Governance

Posted on by Shipra

Blockchain For Supply Chain Governance

A robust supply chain provides faster delivery of products and services to customers and thereby reducing bottom line costs for the company. Supply chain management has become an important function of any enterprise. It can be any product an organization manufactures or sells. A trusted supply chain network is vital to keep customers satisfied and meet financial targets that would impact the growth and scale of a company. 

The complexities are many and vary from industry and segment. Some industries are involved in the manufacturing of products, some are also involved in retail and endpoint service and distribution of products like automotive, FMCG and Retail. Though cloud and ERP technologies fairly manage the complexities of supply chain activities, there exist challenges related to governance, communication, data management, and collaboration, which could be solved using blockchain. Most importantly, interoperability between systems is missing. Data silos and technology stacks add to the complexity. 

How does supply chain management work?

A supply chain is everything in-between sourcing raw materials to manufacturing goods. Supply chain management requires effective systems and processes to visualize information flow, decision making, delivery of goods and service. Their job is not limited to aligning logistics and purchasing inventory. It also covers overall supply chain operations to increase efficiency and reduce the cost. Good supply chain management saves companies from the headlines and expensive recalls and lawsuits. 

The following are high level classification of supply chain processes. It can vary from company to company.

Planning

The initial stage of supply chain management is to schedule and plan the activities involved in manufacture of goods and service, organizing and managing all resources needed to fulfill customer demand for a product or service. Effective metrics are needed to communicate the plan and objectives to the different departments .

Sourcing

The complexity of sourcing is evident in companies involved in new product development activities. Key functions of a supply chain sourcing include buying, acquiring, managing inventory, and approving payments to the supplier.

The complexity increases when the supply chain is situated globally, when the manufactured parts, bought-out items are sourced from different locations due to cost factors, resource availability or competence. The complexity also changes in terms of batch quantity and total volume of production. Logistics and transportation is also linked to volume and complexity of the product ( Heavy parts, fragile parts, assembly of complex parts). Supplier development is another beast of a problem. It involves facility, machinery, knowledge, supply chain of suppliers, location and many more. The complexities of communication, inventory management, data exchange, data management changes according to all the above factors. Most importantly, inter departments communication and data exchange calls for its own problems. Although Cloud, PLM, PDM, SAP ERP and digital solutions have helped companies, the problems are far from over.

Manufacturing

Manufacturing engineering systems of today fairly manage the activities, helping all the different stakeholders interact and share data to deliver the goods and service. The problems occur when there are globally distributed suppliers and support teams involved in exchange of data. Internal collaboration and communication between R&D, production, sourcing, finance purchase and logistics teams are often chaotic and time consuming. Suppliers and vendors add to the complexity when it comes to communication. Auditing of the process, traceability of data exchange for historical information is often a problem.  Due to different technology stacks, layers of disconnected communication happen upstream and downstream, which creates chaos and a lot of non value added activities like over processing, unwanted motion,  defects and waiting time.  Only if there could be a governance layer to communication and collaboration linked to business metrics and customer metrics, could any company manage the supply chain effectively. This is where blockchain helps large and medium enterprises. Blockchain connects all the stakeholders, automates tasks, notifications, metrics to deliver efficient governance. It works across technology to bring interoperability between systems. It improves data security and traceability of data across the supply chain, making it an efficient tool for governance. 

Delivery and Logistics

Logistics and transportation costs are a growing problem impacted by government policy, regulation, warehouse and distribution challenges, inefficiencies of modes of transportation – road, rail, water and air.  Companies have understood the need of a comprehensive technology stack involving Telematics, telecommunication systems with 5G internet that can redefine the future in logistics.However, a layer of IoT enabled blockchain can help improve efficiency in the hub and spoke model, improving governance, exchange of information and communication. 

Accounting

This is the backbone of every financial transaction. Accounting measures the expenses and costs of the individual process when all the products are delivered. It also guarantees regulatory compliance and enables supply chain managers to gain insights into overall performance with real-time data. 

Human Resource

Human resource management is an important piece of supply chain management. It involves resource allocation ( contract and full time), timely management of payrolls, performance tracking, and working closely with leaders and managers to achieve desired metrics. The communication between HR leaders, managers and partners happens using HR tech, just like Fintech for Finance. All these different techs add to the complexity in terms of communication, metrics and data silos, impacting productivity and efficiency of the supply chain. Blockchain helps in bridging these gaps effectively through its smart contracts. 

Retail/Pre-sales

After market and retail is one big ocean by itself often detached from the rest of the supply chain, having its own technology and process needs. In the automotive industry, the data silos are a cause of concern – The aftermarket retail and service centers have their own process and mechanisms to govern the operations which are disconnected from the rest of the supply chain activities resulting in inefficiencies!   

Why do businesses need competent supply chain governance?

40% of supply chain supervisors declared data sharing and integrity across their supply chain challenging, and the challenges have never been greater. Disruptions in supply chains drive increased costs and, more importantly, loss of revenue. These disruptions are exacerbated by inefficient processes that rely on neither timely nor trusted data.

Enterprises want supply chains to be transparent, resilient, and agile to handle various shocks from lockdowns and economic slowdowns. Blockchain compels trust, clarity, and accord across all stakeholders as an element of your supply chain technology. It maximizes flexible business outcomes while benefiting each participant.

How is blockchain exceptionally suited for Supply chain governance? 

Modern supply chains manage data, services and communication in silos. Modern supply chain management systems are geared up to be efficient and not there yet. The missing link is the governance across systems. Supply chain management integrated with blockchain leads to better product and service quality, timely delivery, reduced expenses, engaging customer experience, and increased profitability.

Effective blockchain integration can increase the value of the supply chain cycle through:

Forecasting delivery problems and inventory shortages

When the number of product orders exceeds the manufacturing capacity or the delivery capability, the buyer can raise concerns about poor service or untimely delivery. Integrations of IoT blockchain enables data analysis, prediction and preempted governance modules for stakeholders, which allows supply chain managers to anticipate the shortage of deliverables before the buyer feels disappointed.

Dynamically optimizing price 

Most of the manufacturing consists of seasonal products with a limited shelf life. After their seasons’ pass, these products are of no use and typically get scrapped or sold at lower prices at the end of the season. Many industries, including airlines, and hotels, adjust perishable “products” prices dynamically to satisfy the market. Blockchain with a layer of analytic tools can solve this problem; by forecasting and minimizing surprises, with timely delivery of goods and service.

Improving the redundancy in delivery and inventory

Blockchain enables supply chain managers to allot resources dynamically and organize the manufacturing and other processes based on the actual orders, sales forecast, and promised delivery of raw materials. Manufacturers can guarantee a fixed product delivery date when the order is placed, as all the logistic and inventory data is simultaneously available for monitoring — significantly reducing incorrectly-placed requests.

Connected to everything

Blockchain can easily access unstructured data from social media, structured data from the Internet of Things (IoT) devices, and more conventional data sets unrestricted through ERP and B2B integration mechanisms. It can also confirm the taking off of shipping and delivery of products through GPS and other sensors.

Collaborative ecosystem

Blockchain improves cooperation with suppliers and other intermediaries by sharing available data. It integrates with increasingly growing cloud-based commerce portals to enable multi-enterprise collaboration and engagement for better delivery of products and services to their consumers.

Cyber-aware

Blockchain allows users to access encrypted data, only available to members of the respective network. It hardens the supply chain systems and protects them from cyber fraud and hacks, an enterprise-wide concern.

Cognitively enabled with new gen technology

The blockchain can also utilize AI platforms to enable the modern supply chain to collate, coordinate, and conduct decisions and actions across the chain. Most of the supply chain functions get automated and processed with self-learning.

Comprehensive

Blockchain analytics capabilities are scaled with data in real time. Insights become thorough and fast. Latency is completely reduced or eliminated as data connectivity among blockchain participants is available on the corner.

SoluLab is working with large and medium enterprises to solve their supply chain problems, reduce bottomline, scale business, and improve profit margins. Contact us to know more.

Blockchain Agri And Food Supply Chain Sector: A Blend of the Conventional and Modernity

Posted on by Shipra

Blockchain Agri and Food Supply Chain

Now, you can know where your food comes from by the use of Blockchain; a technology that has shaken the Agricultural industry of the 21st Century. Blockchain is an emerging technology that not only conforms to cryptocurrency. But it has made swooping changes in the agricultural sector. Here’s the answer to all your questions.

What is Blockchain?

Blockchain is a ledger of accounts and transactions stored by all participants in a network. Blockchain is built on Distributed Ledger Technology (DLT), allowing any kind of information to be recorded and shared among the participants in a network. Any alterations made on the blockchain must be approved by all the users in the Peer-to-Peer Network. 

Blockchain technology eliminates the need for middlemen in transactions resulting in transparency; data is accessible by all users. It also allows users to create their own digital identity, which can ease their trouble in providing financial services, social benefits, healthcare, political and legal rights and many more. 

Because of Blockchain’s unique characteristics and the perks it provides, many companies of different sectors now increasingly demand Blockchain technology to be implemented in their services. 

Blending Blockchain in Agriculture Sector

One such sector is the Agricultural industry. It is said that 6.7% of the economical production of the world is represented by agriculture, and nearly 40% of the world’s population is engaged in the agricultural economy. 

However, in developing countries, the agricultural sector is still lacking and confines conventional methods of agriculture from producing crops until the shelving of products in stores. 

Some of the promising benefits over the years that have been observed by implementing Blockchain are:

  •  Agricultural Insurance: The process of validating claims by insurance providers are complicated and painstakingly long. Moreover, the risk of corruption and alteration of insurance policies are some limitations that farmers are apprehensive about. The introduction of smart contracts development from Blockchain eliminates these risks making it simpler, faster and transparent.
  • Land legitimacy: Blockchain technology is famous in the real estate business. In the same way, implementation of Blockchain for land records linked to ID can be proved without having to take trips to government offices, especially after incidents of natural disasters or wars.
  • Agricultural supply chains: Blockchain can assist in providing an immutable record from the initial stages of crop growth and processing to the retail store of a product. This can elevate the consumer’s trust in the products that they buy.
  • Traceability: Blockchain enables companies to track their products and see where they have been disbursed. In the process of tracking unsafe products, the data stored through the use of Blockchain makes it easier to locate their products. It has been claimed that, with the help of the Blockchain system, we can now trace the path of food from farm to the stores in just a few seconds. 
  • Goods Management: Almost all the companies face the issues of data management, delay in payments etc. However, with the use of Blockchain Technology, they are able to keep track of organized data which is incorruptible.
  • E-Marketplace Creation: Producers may not know the market and trending prices or which areas have the most larger number of customers. Thus, it creates a digital market for producers to connect them directly to their buyers. 

The knowledge of financial transactions, farm inputs, demands of crops in the market, market-rate supply chain land holding etc. can be procured and analysed from Blockchain-based platforms. 

  • Access to Capital: Small scale farmers, shareholders, might find it difficult to procure loans for start-up businesses because of limitations like credit history, land ownership and so on. 

However, Blockchain provides investment tokens and funds for their business to pay for raw materials and machinery. 

  • Food safety: As consumers take precautionary measures, producers can provide a number of information through data that is stored. It gives out the info of quality and what goes into their food, ensuring quality. It also monitors storage conditions. 
  • Environmental sustainability: All industries related to producing commodities are concerned with the number of toxic substances that their industries release.

Policies are also tailored, keeping in mind the environmental sustainability. The crucial problem here is the degradation of land, soil and water where food is being produced.

In this context, the sustainable development, proper management and rational use of agricultural fields, water resources and soils are of utmost importance. Tracing this information via the supply chain, making it visible to the public, is essential for putting public pressure to producers and policy-makers on the aspect of how the food is produced in a sustainable manner.

FUN FACT: ‘Plastic Bank’ based in Canada has been successfully set up for developing countries producing wastes. With every batch of plastic brought to recycle, they are awarded Blockchain digital tokens.

  • Subsidiary Disbursement: Agricultural-driven countries can have access to all information regarding financial help distributed under Government schemes. It ensures transparency on the correct and uncorrupted distribution of capital. 

In addition, the application of Blockchain results in:

  • Simplified stages of the supply chain from farmland to store shelf
  • Informed consumers who are aware and satisfied
  • Decreased dependency on intermediaries or agencies
  • Elimination of fraud and promoting an inclusive trade
  • Improved quality of products
  • Lesser risks of food-borne diseases

If you’re still perplexed of how Blockchain takes place in the agricultural sector, or driven by curiosity, explained below are the stages of the mechanism of Blockchain in Agriculture:

1. Data storing: Smart farming has enabled farmers to use Internet of things (IoT) sensors and devices to track the temperature, water level, soil quality and other factors that affect the growth of crops. This information gathered is then structured to make it comprehensive. 

2. Value Data: before updating the collected information into Blockchains, more value and quality is added to the information in two ways: adding timestamps and demographics. Secondly, the product information is made sure that it follows strict security measures.

3. Insightful Information: To add more value, with the help of algorithms, the quality of the crop, identification and demand predictions in the market are made. In this way, farmers and stakeholders can make decisions to improve their irrigation system. All of this information is transparent for growers, producers, service producers and retailers. 

 4. Interplanetary File System(IPFS): the data is then stored in a distributed platform called IPFS and is stored in a blockchain. It then produces a smart contract which includes rules to facilitate storage of data, and it’s accessibility to the participants in the system.

Blockchain in Food Supply Chain

1. Data storage: Above, we have learned the process of how food is grown and under what conditions.

2. Distribution: the food processing companies now on the bidding platform. After this is validated, the food is transported to refineries in IoT enabled vehicles where the required storage temperature is maintained. Every process that takes place in the refineries is recorded, ensuring retailers to give out the proper information on the quality of products.

3. Supplying: Supply of processed food is then again, transported in IoT enabled vehicles.

4. Consumers can now procure information by scanning the QR code like the batch number, data on food processing, expiry date, price, etc. 

Platforms applying Blockchain Technology for Agriculture and supply chain. 

  • AgUnity provides solutions to digital identity and financial inclusivity to empower poor farmers. The AgUnity App helps small farmers plan, trade and track everyday transactions. By using Blockchain, AgUnity ensures that all transactions users and clients are securely recorded on an incorruptible Blockchain ledger. The AgUnity app provides people living in remote areas accessible tools to connect with each other and establish effective lines of communication trade.
  • FARMS ( Financial and Agricultural Risk Management for Small Holders) is based on the concept of Blockchain virtual currency platform, ensuring transparent transactions. One speciality is that farmers can buy digital currency and add it into their virtual wallets. They can redeem or withdraw these vouchers and coins. 
  • AgriDigital is digitizing and growing grain supply chains connecting farmers, buyers, investors through a single platform, allowing them to contract, deliver and make payments securely and in real-time.
  • BanQu is another Blockchain platform for agriculture that allows farmers to use their smartphones to record their personal information and transaction history. Furthermore, these digital identities can be used to apply for credit while they search for financial aid in the future.  
  • Hello Tractor connects tractor owners to smallholder farmers in need of tractor services. 
  • TE-FOOD provides backtracking of product serialization to the information of custom protocols carried out to the consumers building trust between the producers and the consumers.

Despite its initial development, Blockchain has a growing impact on different sectors replacing many financial institutions, banks, education, health care system, educational system and above all, as discussed, it has significantly brought changes in the dimension of agriculture. It has brought Transparency, security, providing streamlined operations, a greater degree of analytics and a more efficient consumer engagement. 

Consumer safety is ensured as Blockchain technology unfolds unique transformations in ensuring quality-controlled food, providing storage conditions and also empowered many farmers to be insured. One of the most important features it brings is environmental sustainability which is the need of the hour. 

The use of data is the crux to improve productivity and sustainability as people can track the progress of crop growth according to the environmental conditions and needs. Blockchain has also reduced the need for agents who deducts 5-10℅ of brokerage fee and also has reduced the trouble to trace the delivery of their products to stores. 

Blockchain has empowered many small-scale farmers to elevate themselves as there’s no hassle to find brokers and allows them to effectively connect to their consumers and retailers. 

Also, farmers can have access to data related to seed and soil quality, pH level, payments, demands, and efficiently supply their products with fair pricing, which was once controlled by big MNCs. 

Although it may seem like a cake and ale task to do, Blockchain technology has a long way to go parallel to the developing countries. Because not all, farmers are smartphone-literate in the third world. The apprehension, because of the cost of implementing Blockchain, has created doubt among farmers. But all it takes is a bit of education, a zeal to innovate and a bigger scope in life. Nevertheless, Blockchain has provided promising results and innovatively changed different sectors.