| Popis: |
In the value chain of the agricultural commodity sector, innovative solutions have been introduced in order to reduce deficiencies, to improve efficiency and to secure food supply as well as to advance cooperative advantages from farm to fork. Likewise, traditional commodity trading venues have also been challenged. In this study, we analyse digital technologies that can be utilized to transform commodity-trading venues in the agricultural sector in Turkey. A framework for agricultural commodity trading chain digitalization is proposed and its implications for research and practices are discussed. Based on the literature review, blockchain technology is proposed for digitalization of contract farming, commodity financing via token based smart contracts, commodity-backed token and smart contract trading and commodity hedging. |
