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Blockchain technology (BCT), since its emergence touted to be disruptive, is gaining momentum, especially in the agri-food system owing to its multiple benefits.

The authors attempted to conduct a systematic bibliometric visualization analysis of the BCT in the agri-food system. The analysis investigated the list of countries and institutions that conducted research on BCT in agriculture, growth trend analysis in research publications, bibliographic coupling of journals using the VOSviewer tool, and the countries and institutions researching BCT.

The authors discovered that China, the USA and India were the highly active countries in BCT research and publication. However, India has only limited research collaboration with other countries as compared to China and the USA. The keyword analysis indicates the role of BCT in order to maintain the transparency of the supply chain by means of protecting the privacy of the personal data of the stakeholders.

More research related to the implementation of BCT in livestock, fishery and agro-forestry sector is recommended.

The case examined is of particular interest as it is concerned with efficient supply chain management.

This study adds value and evidence to the scope and benefits of BCT by providing a comprehensive literature review, with a special focus on the opportunities and challenges concerned with implementation of BCT in the Indian agri-food system.

1. Blockchain technology (BCT) – a promising tool to resolve issues in agriculture supply chain.

2. BCT ensures transparency and protection of information along the supply chain transactions.

3. China, the USA and India are the highly active countries in BCT research and publication.

4. Multiple potential benefits to stakeholders are attributed to the BCT in the agri-food system.

5. The key challenge is to bridge the digital gap between developed and developing nations.

6. Future research on BCT should aim at easing and undistorted competition among stakeholders.

Blockchain technology (BCT) – a promising tool to resolve issues in agriculture supply chain.

BCT ensures transparency and protection of information along the supply chain transactions.

China, the USA and India are the highly active countries in BCT research and publication.

Multiple potential benefits to stakeholders are attributed to the BCT in the agri-food system.

The key challenge is to bridge the digital gap between developed and developing nations.

Future research on BCT should aim at easing and undistorted competition among stakeholders.

This study examines the possibility of asymmetric impact of inflation on the financial development (FD) in the case of Indian economy from 1980 to 2020. Moreover, the finance–growth hypothesis is also tested.

The authors incorporated the “Nonlinear Autoregressive Distributed Lag” (NARDL) model due to Shin et al. (2014) to investigate the asymmetric impact of inflation on financial development. Asymmetric cumulative dynamic multipliers are also used to track the traverse of any short-run distortion towards the long-run cointegration.

The results revealed that inflation impacts the financial development negatively whereas the economic growth (EG) and trade openness have a positive effect. However, the effect of inflation on financial development is not symmetric. Moreover, the findings support the demand-led growth hypothesis.

To the best of the authors' knowledge, this is the first study examining the asymmetric effects of inflation on financial development in the Indian context. In addition, instead of using a single proxy to measure financial development, an index for financial development encompassing different aspects of the financial system has been incorporated.

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-02-2023-0094