Towards a Scalable Permissioned Blockchain Framework for Supply Chain Management

Abstract

Supply chains have evolved into vast ecosystems and have grown more dynamic in recent decades, yet they still lack flexibility and scalability. Supply chain management (SCM) applications benefit greatly from the capabilities of blockchain technology (BCT), which enables the creation of a distributed ecosystem. Since the need for blockchain rises, so does the desire for chains that are scalable, flexible, efficient, and economical. Sharding technology has recently been developed to address the issues associated with blockchains. In this work, we propose a blockchain architecture, a scalable and efficient supply chain framework that keeps all information locally, to allow businesses absolute control over data. We are proposing a sharded design, which divides the ledger into multiple chains to enable scalability for processing transaction load. A qualitative analysis has been performed to prove that a scalable network can maintain maximum throughput in a dynamic environment.