Framework for Enhancing the Traceability in Supply Chain Using Blockchain

Abstract

Supply chain management is implementing the standards of Industry 4.0 in order to enhance the trust and safety level in the system with invention of the latest technologies. At the same time, the customers are now more focused towards the product quality. Supply chain management is the demand of the era. However, it is difficult to trace and maintain the track data throughout the process during the supply of a product. The traditional solutions were based on centralized third party solutions, where the data is inclined to various security attacks and high risk of tempering. In this paper, a solution for the management of supply of a product has been proposed which is based on IoT with an amalgamation of blockchain so as to increase the transparency of the flow during the supply of the product. The solution will help to enhance the trust as the data will be shared among all participating nodes of the network in blockchain. It also makes instant traceability of the product and this can be done by both the end of the chain. Moreover, this solution will help the consumer to check whether the product is from a reliable source or not. For the implementation and testing of smart contracts the authors have used Remix IDE, MetaMask and RinkeyBy.