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Quantifying trust in agricultural value chains

Trust is an essential enabling factor for the smooth and efficient operation of agricultural value chains (AVCs). It is critical in ensuring coordinated supply and demand management of safe and legitimate food and fibre products and underpins financial transaction confidence and security.

New digital platforms (including blockchain) are being applied to AVCs specifically to address and improve trust between stakeholders and participants. The number of digital technology solutions available in the market is rapidly increasing. Different technologies claim to address various areas of the value chain, creating confusion for stakeholders in ensuring the most appropriate solution is selected for their needs.

Before being able to analyse the need for a technology solution, AVC actors must first gain a thorough understanding of the value of having trust present in the chain, and alternatively the costs incurred when it breaks down. By understanding and potentially quantifying this value, a decision regarding the best technology solution to address this trust issue can be made. Without this understanding of the value and trust, the value proposition for the application of digital technology solutions is relatively unknown.

Project date

1 Aug 2019-1 Jul 2021
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Principal investigator

Katie McRobert

Research organisations

Project funded by

Multiple industries
Alternative protein Aquaculture Beef cattle Cereal grains Cotton Cross industry Dairy Eggs Fruits Other rural industries Pasture, fodder & feed Pork Poultry Pulse grains Sugar Vegetables Wild catch fisheries

Food Agility Cooperative Research Centre (Food Agility CRC)

Food Agility brokers, designs and delivers innovation programs for the Australian agrifood industry, ensuring maximum impact for investment. We specialise …
  • Location

    Australia

  • Organisation type

    Research funding body

Collaborators

Industries

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