Recent research published in the ‘Turkish Journal of Agriculture: Food Science and Technology’ has spotlighted the potential of blockchain technology in revolutionizing food procurement, specifically through a case study of Migros Trade Inc., a prominent retail food supply company in Türkiye. This study, led by Menekşe Cömert from Ankara Hacı Bayram Veli University, provides valuable insights into how blockchain can enhance the food supply chain by improving transparency and traceability.
The study’s qualitative research design involved interviews with experts in Istanbul and Izmir, focusing on key themes such as good agricultural practices, sustainability, and food safety. The findings indicate that the implementation of blockchain technology can significantly benefit both consumers and supply chain stakeholders. By allowing for real-time tracking of food products from farm to table, blockchain can ensure that consumers are informed about the origins of their food, fostering trust and confidence in the supply chain.
One of the most significant commercial impacts of this technology is its ability to enhance food safety. With blockchain, each step of the food supply chain can be recorded and verified, making it easier to trace back any contamination or quality issues to their source. This capability not only protects consumers but also helps companies mitigate risks and respond swiftly to food safety incidents, potentially saving them from costly recalls and reputational damage.
Moreover, the research highlights the alignment of blockchain technology with sustainability goals in agriculture. By promoting good agricultural practices and enabling better resource management, blockchain can help reduce waste and improve the efficiency of food distribution. This focus on sustainability is increasingly important for consumers, who are looking for products that align with their values, thus presenting a lucrative opportunity for companies that adopt these technologies.
However, the study also identifies challenges that need to be addressed for broader adoption of blockchain in the food supply chain. Technical infrastructure and performance issues were noted as significant barriers, along with the reluctance to initiate the blockchain process directly from the agricultural field. Overcoming these hurdles will require collaboration among various stakeholders, including farmers, retailers, and technology providers, to develop the necessary systems and training.
In conclusion, the research underscores that while challenges exist, the potential benefits of blockchain technology for the agriculture sector are substantial. By enhancing transparency, ensuring food safety, and supporting sustainability, blockchain stands to not only improve operational efficiencies but also create new commercial opportunities in the ever-evolving landscape of food procurement. As the agriculture sector continues to innovate, embracing such technologies could lead to more resilient and consumer-focused supply chains.