Fertilizer Supply Chain Management using Blockchain

Abstract

This paper explores the potential use of blockchain technology in fertilizer supply chain management. The project begins by identifying the current issues and challenges in the fertilizer supply chain and how blockchain technology can address them. The project team then designs and implements a blockchain-based supply chain management system for the fertilizer industry. The allocation of subsidies is also covered in the study, along with problems including corruption, poor management, and a lack of openness.. The team utilizes smart contracts, decentralized data storage, and consensus mechanisms to improve transparency, traceability, and efficiency in the fertilizer supply chain. The system is evaluated through user testing, and feedback is collected to identify strengths and weaknesses. The results show that the blockchain-based supply chain management system can significantly improve the efficiency and accountability of the fertilizer supply chain. The project concludes by providing recommendations for the implementation of blockchain technology in the fertilizer industry, emphasizing the need for standardization, collaboration, and stakeholder engagement. This project aims to contribute to the practical application of blockchain technology in the fertilizer industry and provide a foundation for further research in this field.