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Browsing by Author "Mohamud Yusuf, Abdirahman"

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  • Mohamud Yusuf, Abdirahman (2021)
    This master's thesis explores the possibility of utilizing blockhain technology in Finnish food production chains. The blockchain technology is a distributed database that decentralizes network operations into an efficient operating environment, without a centralized institution. The innovation in blockchain technology lies in the concensus protocols of the blockchain, whose cryptographic security system ensures that once placed, information cannot be forged from there. In that reason interest in blockchain technology has grown in the world since the introduction of financial institutions and as a result, research in agriculture and food production has grown around the phenomenon. With blockchain technology, the food trace tracking data is written to the blockchain, whereby the security of the data is guaranteed and the safety of the food is ensured. At the same time, the blockchain technology decentralized system connects real-time food supply chain to all parties in real time, reliably, securely, openly, transparently to create value at the entire supply chain level. The aim of this study is to give an overall picture of the phenomenon, such as what blockchain technology is, how it can be applied in the food production chain and to whom it could provide value. The phenomenon is new in the Finnish food supply chains and because of this the study is carried out interdisciplinary in the treatise as a literature review and with the help of the strategy of the Blue Sea strategy. It is possible to survey the phenomenon and the functionality of the theory widely and comprehensively by connecting different research methods. By combining different research methods, it is possible to map the phenomenon and the functionality of the theory extensively and comprehensively. In the scoping mapping, the research materials have been collected with the help of a mapping literature review. The collected research material has been compiled from the Helka database of the University of Helsinki and partly with the help of Google choolar. The material of the dissertation consists of 20 scientific articles related to the utilization of blockchain technology in agriculture or in the food production chain. Based on the research results, blockchain technology is in its infancy due to technological barriers. Even though in Finland has developed the world's best monitoring systems to ensure food safety, at the same time, however, the supply chain is not open, transparent and fair between the parties. For this reason, blockchain technology has a huge potential to revolutionize the current production chain if exploited by favorable strategies and policies in its deployment. Technology needs strategies to guide development in agriculture and its exploitation requires favorable political climate to support it. Further research would be needed for example on how the use of blockchain technology in feed futures trading, such as how a transparent, real-time and open ecosystem of blockchain technology affects feed price fixing.