Preview

Agrarian science

Advanced search

Application of blockchain technologies to improve the efficiency and transparency of agro-industrial holdings’ activities

https://doi.org/10.32634/0869-8155-2025-394-05-179-183

Abstract

The article is dedicated to exploring the potential of implementing blockchain solutions in the practices of large agro-industrial holdings. A critical review of the literature was conducted to systematize key trends in this area. Unresolved issues related to ensuring transparency, security and efficiency of business processes in the agro-industrial complex (AIC) have been identified. An original conceptual model for integrating blockchain technologies into the holding’s management system was proposed. The empirical base consisted of data on the activities of 20 leading agro-industrial companies in Russia for the years 2019–2023. Methods of statistical and econometric analysis, as well as case studies, were applied. Assessments of the impact of blockchain solutions on the key performance indicators of holdings were obtained. The correlation coefficient between the level of blockchain implementation and asset profitability was 0.78 (p < 0.01). The prospects for scaling the proposed model, taking into account the specifics of the industry, were substantiated. The research results are significant for the strategic development of the agro-industrial sector in the context of the digital transformation of the economy.

About the Author

O. V. Panina
Financial University under the Government of the Russian Federation
Russian Federation

Olga Vladimirovna Panina, Candidate of Economic Sciences

49/2 Leningradsky Ave., Moscow, 125167



References

1. Ge L., Brewster C., Spek J., Smeenk A., Top J. Blockchain for Agriculture and Food: Findings from the Pilot Study. Report 2017-11. Wageningen: Wageningen Economic Research. 2017; 34. ISBN 9789463438179 https://doi.org/10.18174/426747

2. Higgins D., Tinholt D., van der Linden N. Unleashing the potential of Artificial Intelligence in the Public Sector. London: Deloitte. 2017; 16. https://www2.deloitte.com/content/dam/Deloitte/xe/Documents/About-Deloitte/mepovdocuments/mepov20/Deloitte_mepov20_Unleashing_the_potential_of_AI_in_the_public_sector.pdf

3. Iansiti M., Lakhani K.R. The Truth About Blockchain. Harvard Business Review. 2017;95(1):118–127.

4. Kamilaris A., Fonts A., Prenafeta-Boldύ F.X. The rise of blockchain technology in agriculture and food supply chains. Trends in Food Science & Technology. 2019;91:640–652. https://doi.org/10.1016/j.tifs.2019.07.034

5. Kshetri N. 1 Blockchain’s roles in meeting key supply chain management objectives. International Journal of Information Management. 2018;39:80–89. https://doi.org/10.1016/j.ijinfomgt.2017.12.005

6. BigchainDB GmbH. BigchainDB 2.0. The Blockchain Database. Berlin: BigchainDB GmbH. 2018; 14. https://www.bigchaindb.com/whitepaper/bigchaindb-whitepaper.pdf

7. Nakasumi M. Information Sharing for Supply Chain Management based on Block Chain Technology. 2017 IEEE 19th Conference on Business Informatics (CBI). IEEE. 2017; 140–149. https://doi.org/10.1109/CBI.2017.56

8. Swan M. Blockchain: Blueprint for a New Economy. Sebastopol, CA: O’Reilly Media. 2015; xvii, 130. ISBN 978-1-491-92049-7

9. Tapscott D., Tapscott A. Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World. New York: Portfolio / Penguin. 2016; xx, 348. ISBN 978-0670069972

10. Tripoli M., Schmidhuber J. Emerging Opportunities for the Application of Blockchain in the Agri-food Industry. Rome: Food and Agriculture Organization of the United Nations; Geneva: International Centre for Trade and Sustainable Development. 2018; vi, 30. http://www.fao.org/3/ca1335en/CA1335EN.pdf


Review

For citations:


Panina O.V. Application of blockchain technologies to improve the efficiency and transparency of agro-industrial holdings’ activities. Agrarian science. 2025;(5):179-183. (In Russ.) https://doi.org/10.32634/0869-8155-2025-394-05-179-183

Views: 64


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 0869-8155 (Print)
ISSN 2686-701X (Online)
X