Blockchain in Agricultural Supply Chain: Promote the UN Sustainable Development Goals (SDGS)

Abstract

Objective: This study aims to evaluate the possibility of Blockchain promoting the UN Sustainable Development Goals (SDGs). Theoretical Framework: Based on the characteristics of blockchain, the content of SDGs, and various theories of new technology and social sustainable development, this study explores how blockchain can be used as instrument in smart regulatory theory to promote SDGs. Method: The analysis is combined with theory and specific fields to evaluate the possibility of blockchain acting as instrument to promote corporate self-regulation for sustainable development, and to specifically analyze smart contracts and Hyperledger Fabric in the agricultural supply chain to promote SDGs. Results and Discussion: The discussion results show that in theory, blockchain could become a regulatory instrument as a technical link; in practice, smart contracts and Hyperledger Fabric can help solve specific problems in the agricultural supply chain and promote the realization of ‘Good Health and Well-being’ and ‘Responsible Consumption and Production’. Research Implications: This study contributes to the use of blockchain as regulatory instrument to promote corporate self-regulation and helps to provide ideas for the realization of SDGs and the resolution of specific difficulties in the agricultural supply chain. Originality/Value: This study contributes to the application of blockchain, the promotion of SDGs, and the interaction between technology and social development.