## 3 Results and Discussion
### The Realms of the Benefits, Disadvantages, Challenges, and Opportunities of Blockchain
\begin{table}
\begin{tabular}{c c c} \hline \hline  & **Item** & **Why? Experts? Opinions about the Items** \\ \hline Reduction of transactions costs & The authenticity and trust provided by the blockchain reduce the agents’ insecurity and consequently minimize transaction costs. \\ \multirow{4}{*}{Better governance and information flow} & Blockchain allows governance by convenience. In the first step, each party involved does not need to share all their information or data, but only what matters and with each need. \\ \multirow{4}{*}{Smart digital contracts} & Smart contracts can perform operations, such as executing financial transactions or authenticating documents in a common legal agreement. This will make everyday business less bureaucratic, as it will decentralize operations. \\ \multirow{4}{*}{Trust, transparency, and immutability} & Blockchain technology makes production chains more transparent, as information is recorded and auditable in a decentralized manner. \\ \multirow{4}{*}{Optimization of resources and processes} & The adoption of the blockchain platform will speed up bureaucratic processes, which is reflected in the optimization of resources overall. \\ \multirow{4}{*}{Greater profitability} & Adopting the blockchain platform will give speed to processes, higher quality in records, reduced transaction costs, resource optimization, and increased profitability. \\ \multirow{4}{*}{Information on the network visible to everyone} & Blockchain improves trust in contractual relationships as long as the information on the network is verified by all participants, eliminating the need for a trusted third party. \\ \multirow{4}{*}{More security throughout the production chain} & Supply chains need to be more integrated. So, blockchain will help the whole process, integrating all actors, from the producer to the consumer. \\ \multirow{4}{*}{High cost of technology implementation} & Currently, there is a high cost to develop and implement blockchain technology. \\ \multirow{4}{*}{High maintenance cost} & There is a high cost of maintaining and storing information for operationalizing blockchain. \\ \multirow{4}{*}{Elimination of intermediaries} & The intermediaries’ elimination could break the links in the supply chain by monopolizing production and excluding many people from the production process. \\ \multirow{4}{*}{Absence of a single blockchain technology standard for different business models} & No robust, global platform can be found that stands out. \\ \multirow{4}{*}{Lack of a winning platform} & As a result, different solutions are being developed to address specific problems. \\ \multirow{4}{*}{Collect, process, and store data} & The solutions developed for specific problems have not allowed for establishing a widely accepted platform, code, or universal solution. \\ \multirow{4}{*}{Collect, process, and store data} & As blockchain technology becomes widespread, vast amounts of data will be generated. Moreover, many copies of the information are distributed among users, requiring big storage and processing capacities. \\ \multirow{4}{*}{New business model generation} & Creating decentralized businesses is still counterintuitive. \\ \multirow{4}{*}{New business model generation} & Nevertheless, blockchain enables the creation of decentralized and autonomous networks, directly integrating the end consumer and the farmer. \\ \multirow{4}{*}{T  
\end{table} 
Table 2: Experts’ opinions about the benefits, disadvantages, challenges, and opportunities of blockchain technology. The benefits relate to the advantages or good things that blockchain can do for agribusiness and society. Similarly, the opportunities are more related to favorable circumstances for developing and implementing blockchain in agribusiness. On the other hand, the challenges represent the impediments to blockchain development. Finally, the disadvantages are problems that blockchain might generate. Many of the explanations made by the experts are in line with data found in scientific literature.