Blockchain-Based Model for Warehouse Management Systems for Artworks and Collectibles

Abstract

In the area of artworks and collectibles, secure storage and accurate management play crucial roles. Increased attention to the provenance, condition, and authenticity of items challenges traditional warehouse management systems (WMS). This paper introduces a novel blockchain model combined with internet of things (IoT) devices and radio-frequency identification (RFID) tags, all dedicated to the management of warehouses. It proposes a secure and accountable way to track art pieces with an immutable ledger for transaction records and real-time monitoring of IoT environmental conditions. The model addresses key challenges in the art sector, such as the security and provenance verification of the artworks, enhances inventory accuracy, reduces human error and provides a solution in terms of tracking valuable items.

Keywords

• WMS
• IoT
• blockchain
• RFID
• Hyperledger Fabric