Designing a Secure Blockchain-Based Supply Chain Management Framework

Abstract

Supply chain management (SCM) faces a critical security issue because of the asymmetry of information delivered to various parties in the ecosystem and the lack of corresponding supervision. In response, we propose the use of blockchain technology to address the SCM security issues and put forward a blockchain-based SCM framework. We apply design science paradigm to guide the blockchain-based SCM framework development and implementation of a proof-of-concept prototype. We use Hyperledger Fabric and Composer to develop the prototype artifact. Performance evaluation results issued from Hyperledger Caliper prove the superiority and robustness of the proposed blockchain-based framework in terms of security and efficiency requirements, and performance metrics including throughput and latency. Also, the evaluation results show that the IT artifact is stable, and the high stability can reduce the risks of system vulnerabilities and breakdown.