ABSTRACT
Of lately, the traditional agricultural sector has lags behind in adopting cutting-edge technologies, leading to challenges such as delayed remuneration for farmers, inadequate pre-purchase information for consumers, and increased retail prices due to intermediaries and processors. However, blockchain is a prominent solution for handling the consequences in agriculture by incorporating its inherent features like immutability, transparency, and highly security. The possible use of ethereum smart contracts and blockchain technology to address these challenges and enhance automation and trust in the agriculture sector. This chapter focuses on the pre- and post-harvesting phases of agriculture, utilizing blockchain as the underlying infrastructure. In field-level data is collected through IoT devices; second, ethereum smart contracts automate the transactions among participating entities. Finally, we analyzed the cost of each operation. The possible applications of IoT devices, blockchain, and smart contracts showcase significant potential to revolutionize various aspects of agriculture. By enabling enhanced automation and establishing trust among stakeholders, this approach facilitates timely remuneration for farmers, tracing food products, empowers consumers with comprehensive pre-purchase information, and mitigates price inflation introduced by intermediaries and processors. Finally, we discussed the challenges and future directions of the agriculture sector.
