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The role of blockchain for food safety and market efficiency
2022
It is well known that the introduction of Blockchain in the agri-food sector represents a digital innovation aimed at increasing business income through the reduction of production inputs (and therefore of production costs expressed at constant prices) and/or the increase of output (increase in the quantity produced and therefore in revenues expressed at constant prices). According to Schumpeter, innovation and entrepreneurship mainly depend on innovative people, their skills and knowledge. In fact, digital innovation is always aimed at increasing the competitiveness of the company and can concern an improvement in technical and economic efficiency. On an existing company structure, efficie…