qIoTAgriChain: IoT Blockchain Traceability Using Queueing Model in Smart Agriculture

Blockchain is an egressing digitally managed technology which allows ubiquitous monetary transactions with the untrusted entities, without involving the intermediary bodies, viz., banks. The literature reveals that IoT along with blockchain technology (BT) offers various benefits to the functioning of the agriculture supply chain (AgriChain). It is going to be implemented with which BT is going to perform a change in paradigm in which the transactions will be taken care of by reducing the number of intermediaries, making fast payment procedures among the parties. Developing economies with an ever-growing population country like India caters to food security demands and faces lots of challenges pretending agriculture supply chain sustainability. Therefore, it is crucial to follow BT in the agriculture supply chain to leverage multiple profits. In this chapter, we develop a queueing model which evaluates in detail the characteristics of an AgriChain system and measures the performance of the model such as the number of transactions expected that are waiting inside the queue to enter into the block, mean transactions waiting in the block, waiting for the time of a transaction, confirmation time of any transaction, etc.