E3S Web of Conferences (Jan 2021)

Defining the information flows for DLT of a transport company in the mining industry according to the criteria for sustainable development

  • Hristova Teodora,
  • Anastasov Dimitar,
  • Evtimov Zdravets

DOI
https://doi.org/10.1051/e3sconf/202128008003
Journal volume & issue
Vol. 280
p. 08003

Abstract

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The application of information technologies leads to the improvement of the companies’ production parameters in each sector according to the criteria for sustainable development. Naturally, in order to achieve efficiency, they must be tailored to the specifics of the industry, in this case the mining industry. The article proposes a methodology for the introduction of Distributed Ledger Technology (DLT) for the transport information flow at a mining company. Based on the chosen organizational structure, the participating actors and the data they share, the information channels are determined. According to the necessary rights of the participants to modify the transactions and the number of channels of the transport information flow, a consensus mechanism Practical Byzantine Fault Tolerant and the so-called smart contract have been chosen. Different DLT platforms are analyzed. Hyperledger Fabric was selected as an appropriate platform in order to ensure the continuity of the system, the asynchronous control of the various channels and the ability to include different actors.