High-Level Design and Rapid Implementation of Blockchain-Based Real Time Supply Chain Platform

Abstract

Blockchain technology as a foundation for distributed ledgers provides a cutting-edge foundation for a brand-new, transparent, decentralised transaction system across industries and businesses. The features of this technology that are intrinsic increase confidence by providing transparency and traceability in any data, products, or financial resource transaction. Real-time monitoring and tracking are critical for delivering a unified perspective of global supply chains management (SCM) that involves multiple stakeholders. This study suggests a blockchain-based supply chain platform that secures all the transactions with Identity Access Management (IAM) and works with multiple stakeholders while establishing transparency and traceability amongst them. This paper focuses on the platform that the authors have created to keep all the data secure pertaining to the parties involved with the supply chain like a producer, retailer, distributor, auditor, and customer at a single place whose access to that is being protected and private at the same time. We discuss Security Handling and Privacy, as well as how the smart contract plays a role in this SCM. We also look at the test outputs, implementation areas, and a brief discussion about the findings.