Blockchain Application to the SMEs in the Food Industry
The agri-food sector is the highest application of blockchain technology to track and trace components and raw material along the supply chain. Blockchain presents many potential advantages; however, small and medium enterprises often lack the means and knowledge to exploit this technology fully. This chapter presents a case study of blockchain application, namely Trusty, a platform for the notarization of fully traceable information on blockchain in the agri-food sector. Thanks to its limited up-front implementation costs and its modularity, it seems particularly suitable for use by SMEs. The authors' goal is to identify some useful issues for practitioners and inspiration for future research for academics. The most relevant topics that will be placed are (1) needs and expectations of SMEs in the agri-food sector towards the blockchain, (2) difficulties of introducing blockchain into SMEs, (3) the agnostic approach to blockchain, (4) the different value of notarized information for B2B and B2C companies, and (5) limits of some blockchains compared to others.