Blockchain in the agri-food chain: Evolution, revolution or hype?

  • Reference: IIST-SIIN-6-E-E

  • Number of pages: 12

  • Publication Date: Jul 19, 2022

  • Source: San Telmo (España)

  • Type of Document: Technical Note

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Description

This case describes (in a didactic and simplified manner) blockchain technology and how it works, its characteristics, advantages, and potential use cases, specifically in the food chain. It then outlines some reservations about the adoption and use of this technology, proposing a discussion about its prospective value: Is blockchain technology really revolutionary? Conversely, is it merely an interesting technology that will help improve some business processes without bringing about a revolution? Is it just an overhyped illusion that will fade over time and be relegated to a few niche applications?

Learning Objective

1.- Conceptually understand how Blockchain technology works, its use cases, and its potential. 2.- Gain insight into blockchain technology to evaluate the possibility of adopting it. 3.- Discuss the requirements for the success of emerging technology.

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