This framework enhances agricultural trade transparency and transaction speed, benefiting farmers and buyers.
Agricultural markets often suffer from delayed payments, lack of transparency, and dependency on intermediaries, which significantly reduces farmers' profit margins. This paper presents a blockchain-based tokenization framework that converts agricultural produce into digital tokens using smart contracts deployed on the Ethereum blockchain. Each token represents a verified quantity of produce and enables direct peer-to-peer transactions between farmers and buyers. The system was implemented using Solidity smart contracts deployed through Remix IDE and tested on a local Ethereum environment using Ganache. Experimental results demonstrate improved transparency, faster transaction settlement, and secure ownership transfer compared to traditional agricultural trading systems.
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Kingslin et al. (2026) studied this question.
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