Blockchain Application to Coffee Production in Vietnam in the Context of Global Value Chains

The research aims to identify factors influencing the adoption of blockchain technology and the role of supportive policies in facilitating the implementation of blockchain technology in coffee production in Vietnam within the context of the global value chain. The study employs a semi-structured interview method to explore the practices of technology use in coffee production, understanding the perceptions of blockchain technology by producers. Descriptive statistics methods, multiple linear regression analysis, and Pearson correlation analysis are used to determine the relationship and key factors influencing the adoption of blockchain technology and the role of supporting policies. The research results indicate that blockchain technology has not been used in coffee production in Vietnam. Age of producers, land area for production, understanding of the technology, and level of education are key factors influencing the decision to implement blockchain. Government and large coffee companies’ support policies play a crucial role in support of coffee producers and appearance of positive results. Therefore, producers require support from the government and companies to use blockchain technology in coffee production. The application of blockchain in coffee production will help Vietnam improve its competitiveness in the global value chain; thus, appropriate technological support policies are needed for the implementation of blockchain in coffee production. Based on the research results, we suggest the development of agricultural and industrial cooperatives operating in the form of joint ventures and government support through investments in technology. Cooperatives operating under this model of joint business can solve problems that individual farmers are unable to resolve. These include the involvement of educated young workers; growth of crop area through blockchain technology and other modern technologies, which will save on production costs and increase productivity and product quality; provision with high-quality raw materials and control of the quality of coffee beans, eliminating dependence on intermediary businesses.

Authors

Publication Details

Journal
Regionalnaya ekonomika Yug Rossii
Published
2024-10-01
DOI
https://doi.org/10.15688/re.volsu.2024.3.12
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
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article

Blockchain Application to Coffee Production in Vietnam in the Context of Global Value Chains

Thi Huynh, Larisa Popova
Regionalnaya ekonomika Yug Rossii
Blockchain Technology Applications and Security
article

Blockchain Application to Coffee Production in Vietnam in the Context of Global Value Chains

Thi Huynh, Larisa Popova
article en

Abstract

The research aims to identify factors influencing the adoption of blockchain technology and the role of supportive policies in facilitating the implementation of blockchain technology in coffee production in Vietnam within the context of the global value chain. The study employs a semi-structured interview method to explore the practices of technology use in coffee production, understanding the perceptions of blockchain technology by producers. Descriptive statistics methods, multiple linear regression analysis, and Pearson correlation analysis are used to determine the relationship and key factors influencing the adoption of blockchain technology and the role of supporting policies. The research results indicate that blockchain technology has not been used in coffee production in Vietnam. Age of producers, land area for production, understanding of the technology, and level of education are key factors influencing the decision to implement blockchain. Government and large coffee companies’ support policies play a crucial role in support of coffee producers and appearance of positive results. Therefore, producers require support from the government and companies to use blockchain technology in coffee production. The application of blockchain in coffee production will help Vietnam improve its competitiveness in the global value chain; thus, appropriate technological support policies are needed for the implementation of blockchain in coffee production. Based on the research results, we suggest the development of agricultural and industrial cooperatives operating in the form of joint ventures and government support through investments in technology. Cooperatives operating under this model of joint business can solve problems that individual farmers are unable to resolve. These include the involvement of educated young workers; growth of crop area through blockchain technology and other modern technologies, which will save on production costs and increase productivity and product quality; provision with high-quality raw materials and control of the quality of coffee beans, eliminating dependence on intermediary businesses.

Regionalnaya ekonomika Yug Rossii(3)
Openalex Percentile: Top 61%
Blockchain Technology Applications and Security
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Blockchain Application to Coffee Production in Vietnam in the Context of Global Value Chains — Thi Huynh, Larisa Popova · Regionalnaya ekonomika Yug Rossii (2024) | TGRS Research Map | TGRS