A Review on Blockchain Technology in Fish Supply Chain

Abstract

The implementation of blockchain in fish supply chain has attracted wide interest among researchers recently. A blockchain is a ledger of distributed records in the form of encrypted blocks or a public record of all transactions or digital events conducted and shared between entities involve, which can also be verified at any point in the future. The supply chain would be a massive technological leap with the combination of blockchain technology that will bring major changes to different facets of the fisheries industry, such as record immutability, improved traceability, quality assurance, improved knowledge flows, decentralized power structure, and decreased chances of fraud. However, there are issues with scalability that lead to different problem in the computational power and complexity of mining process in the device. Thus, this paper provides a review on the use of blockchain in the fish supply chain from both a computational and an applicative perspectives. The discovery suggests that blockchain is promising concept to be used in the supply chain that creates transparent, supervisable, safe and convenient blockchain-based fish supply chain but still immature and hard to apply due to its complexity.