Logistics & Supply Chain Management Using the Power of Blockchain

Abstract

A large portion of supply chain networks have experienced hardships when attempting to incorporate all parts and partners, which make supply chain management network the board framework experiencing an absence of effectiveness and straightforwardness that make a consistent expansion in product misrepresentation and customer’s mistake. All data about product creation, stockpiling and transportation should stream obviously during all phases of the production network by following and validating to keep away from item’s tampering in the organization. Current software is based on top of brought together engineering and this leaves a hole for altering and bogus data particularly in metropolitan region, yet additionally the current arrangements can’t permit the data to be imparted to authorities or buyers to successfully survey and guarantee recognizability and straightforwardness. This paper proposes use of blockchain to store details of product and logistics level to provide assurance to consumer regarding authenticity of product.

Keywords

• blockchain
• ethereum
• smart contracts
• decentralized management