AQUA 2024

August 26 - 30, 2024

Copenhagen, Denmark

AN OVERVIESW OF SHRIMP AND PRAWN SECTOR IN BANGLADESH: WAY TO ENTRY INTO INDUSTRY 4.0

Md. Akhtaruzzaman Khan* ,  Imtiaz Khan, Ali Shahaab, Rasmus Nielsen,  and Max Nielsen

 

*Department of Agricultural Finance and Banking

  Bangladesh Agricultural University, Mymensingh

  E-mail: azkhan13@yahoo.com

 



The shrimp  industry is playing significant role to the economy of Bangladesh for the last few decades. The aim of this study is to review the last forty  (40) years trend, present status and propose a blockchain based framework to entry into fourth industrial revolution for enhancing export potentiality.  In doing so, the study gathers different information from  both secondary and primary data sources. A significant production  trend  and yield with the area expansion  were found in shrimp industry. This has been possible due to the  adoption of new production and management technologies, and need based policy formulation.  Despite substantial progress achieved with shrimp production during the last  four decades, growth of shrimp export remains minimal in Bangladesh. Traditional paper- based record-keeping methods for the shrimp supply chain are disparate and, therefore, cannot provide efficient traceability capacity and holistic view of the supply chain. Focusing on the export market, we propose a distributed and accumulative score-based certification approach that will grade packaged shrimps according to the completeness and accuracy of the authenticated data entered during different stages. In this framework, from the post-larva purchasing to the final packaging stage, relevant data for every stage will be entered by the associated actors via mobile/web app or Internet of Things devices to the blockchain network. Such distributed approach of certification will enhance not only food safety but also the quality and compliance to best practices.

Keywords: Past trend, fourth industrial revolution, value-addition, export, certification, shrimp industry