Blockchain Utilization in Agro-Business of Bangladesh

The Agro-Business sector is progressively embracing blockchain technology due to their ability to provide value across the multiple spectrum of business operations.This research aims to analyse the value proposition of blockchain-based solution providers for agrobased businesses in Bangladesh, as a case study.Subsequently, these observations were further substantiated by an extensive review of secondary data obtained from the literature research.The study is facilitated by gathering primary data by conducting ten in-depth interviews and engaging in correspondence with the users, employees, and top executives of the vendor of blockchain-based solution providers.The study presented the product market-fit related issues and effectively addressed the utilization barriers of blockchain technologies.The study focused on examining the reasons for the adoption of blockchain technology in the agricultural industry in digitally divided and developing nations, such as Bangladesh.The study also provided 10 propositions for further research in this domain.