Universal Resource Management and Logistics Using Blockchain Technology

Abstract

This article is part of a series of articles that describe an Integrated Decision Making Platform modeled after the human anatomy. In the first articles we presented the main components of the platform and the way they integrate with each other to form a cohesive and heterogeneous system. A resources is a quantifiable source of value and represents the scope or object of any decision making process. The allocation, management and distribution of resources is the main reason why a good decision making process becomes the essential factor that determines the success of any person, corporation, institution or state. The difference between success and failure is given by the way we decide to spend our resources. For this reason one vital component for a good decision making platform or system is the resource management component. The resource management and logistics component we will describe uses the blockchain as a robust, transparent and distributed ledger. The blockchain will not only allow us to keep track of our resources but using stored blockchain procedures, popularly called smart contracts, we can create the logistics for how we add, allocate, distribute and spend our resources.