Blockchain-Based Tokenization Framework for Secure and Transparent Agricultural Trade

Dr. Sumathy Kingslin; Ms. K. Vaishnavi

Blockchain-Based Tokenization Framework for Secure and Transparent Agricultural Trade

Author : Dr. Sumathy Kingslin, Ms. K. Vaishnavi Journa Name: International Journal of Science, Engineering and Technology Volume: 14 issue: 1 Year: Volume-14-issue-1 Views : 263

Abstract:

Agricultural markets often suffer from delayed payments, lack of transparency, and dependency on intermediaries, which significantly reduces farmersâ€™ 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.