MUMBAI, India, Sept. 26 -- Intellectual Property India has published a patent application (202441023057 A) filed by Jennifer D; Dr. M. S Vinmathi; Dhanush Raj R C; Arun Kumar; and Vignesh S, Chennai, Tamil Nadu, on March 24, 2024, for 'effective management for blockchain- based agri food supply chains.'
Inventor(s) include Jennifer D; Dr. M. S Vinmathi; Dhanush Raj R C; Arun Kumar; and Vignesh S.
The application for the patent was published on Sept. 26, under issue no. 39/2025.
According to the abstract released by the Intellectual Property India: "Blockchain technology has emerged as a promising solution for enhancing transparency, traceability, and efficiency in agri-food supply chains. This paper explores the challenges and opportunities associated with implementing blockchain in agri-food supply chains and proposes strategies for effective management. Drawing upon existing literature and case studies, the paper identifies key factors influencing the successful deployment of blockchain, including technological infrastructure, stakeholder collaboration, data privacy, and regulatory compliance. Additionally, the paper examines the potential benefits of blockchain adoption, such as improved food safety, reduced fraud, enhanced market access for smallholder farmers, and increased consumer trust. However, the implementation of blockchain in agri-food supply chains also presents various challenges, such as scalability issues, interoperability concerns, and upfront investment costs. To address these challenges and maximize the benefits of blockchain technology, the paper recommends a holistic approach to management, encompassing strategic planning, risk assessment, stakeholder engagement, and continuous evaluation. Furthermore, the paper emphasizes the importance of fostering an ecosystem conducive to innovation and collaboration among industry players, regulators, and technology providers. By adopting a comprehensive management framework, agri-food stakeholders can harness the full potential of blockchain technology to create a more resilient, transparent, and sustainable food system."
Disclaimer: Curated by HT Syndication.
