A Blockchain-Based Decentralized Marketplace for Farmers
Amala Jothi J1, Davuluri Priyanka 2, Gopika S3 ,Loga Varshini P4 ,Dr.R.Ahila5
UG Scholar1,2,,3,4 , Associate Professor 5
Department of Computer Science and Engineering, School of Engineering
Avinashilingam Institute for Home Science and Higher Education for Women
Coimbatore,TamilNadu,India
Abstract—This research presents a blockchain-based decentralized marketplace designed to address critical challenges in data management and supply chain transparency within the agricultural sector. Traditional agricultural systems typically rely on centralized databases, which are prone to inefficiencies, corruption, and data tampering. The proposed blockchain solution aims to mitigate these issues by securely recording agricultural yield data on an immutable ledger, eliminating the need for intermediaries and enhancing data integrity. This system ensures that only authorized government agencies have access to sensitive data, thereby safeguarding privacy and minimizing the risks associated with unauthorized manipulation.
By creating a secure and immutable record of agricultural data, the blockchain system enhances transparency and accountability throughout the supply chain, minimizing inefficiencies and mitigating risks of fraud or manipulation. The system enables seamless monitoring of agricultural outputs from farm to market, thus promoting transparency and traceability. Research highlights the transformative impact of blockchain in managing agricultural data, underscoring its capability to ensure immutable record-keeping and enable automated transactions via smart contracts. However, challenges such as integration with existing systems and scalability remain significant concerns.
This decentralized marketplace offers a robust framework for recording, verifying, and monitoring agricultural data, aiming to streamline supply chains, improve accuracy, and enhance efficiency. The proposed solution holds promise for setting new standards in agricultural data management, advancing sustainable and accountable practices within the sector.
Index Terms— Blockchain Technology, Decentralized Marketplace, Agricultural yield data, Supply Chain Transparency
