Permissioned Blockchain Model for End-to-End Trackability in Supply Chain Management

Abstract

Supply chain management or logistics is a crucial aspect of any business, be it agriculture, food, healthcare, and more. However, it also involves a communication among a host of actors performing different roles in the chain. Integration of these actors in a transparent yet secure way is needed, which blockchain technology has the potential to do so. In this article, different models of blockchain application in logistics are discussed and how the permissioned blockchains can be used in realizing the business case. An overview of different frameworks which enable permissioned blockchains are discussed in this article. Based on this, the authors propose an asset transfer model which can be employed to enhance supply chain trackability using permissioned blockchain.