HUBEI AGRICULTURAL SCIENCES ›› 2023, Vol. 62 ›› Issue (1): 196-201.doi: 10.14088/j.cnki.issn0439-8114.2023.01.034

• Economy & Management • Previous Articles     Next Articles

A PEST study of sustainable e-agriculture in the context of blockchain: Perspective of supply chain management innovation

ZHAI Yi-meng   

  1. School of Public Administration, Hohai University, Nanjing 211100, China
  • Received:2022-04-11 Online:2023-01-25 Published:2023-03-07

Abstract: Eco-agriculture is an important approach to achieve sustainable development. In any country, agriculture is considered the most critical sector concerning socioeconomic development. However, the traditional agriculture supply chain severely suffers from many shortcomings, such as fraud, corruption, and information falsification. The emerging blockchain technology involving a distributed database system with multiple independent nodes exhibits many advantages, including data security and transparent traceability systems, resulting in a recent shift in the traditional agriculture model with increasing blockchain technology development. The sustainable eco-agriculture supply chain offers a key avenue for the agriculture industry to conceptualize sustainable economic activities with a concern for environmental sustainability and societal well-being. To advance the application of such technology in agriculture, either practically or theoretically, the present study conducted a PEST (political, economic, social, and technological) analysis concerning blockchain technology application in different processes from the perspective of sustainable agriculture supply management. Through this analysis, combined with three agricultural blockchain cases, blockchain-enabled eco-agriculture revealed a great development potential in China. Simultaneously, certain obstacles and challenges remained and needed to be addressed by the government (either central or local), enterprises and individuals.

Key words: agriculture, supplychain, blockchain, sustainability

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