Logging Multi-Component Supply Chain Production in Blockchain

Yash Madhwal, Ivan Chistiakov, Yury Yanovich

    Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

    2 Citations (Scopus)

    Abstract

    The supply chain is a thriving industry where numerous parties have different interests. Subsequently, the immense volume of data produced is difficult to audit. Some information can be lost or intentionally distorted in the process. Blockchain as an open, public, borderless, neutral, and censorship-resistant architecture can significantly complement supply chains. A new supply chain architecture is proposed in this work, where the tokenized directed acyclic hypergraph (DAG) represents real-world production processes. An anti-aerosol respirator manufacturing is used as an illustration example. By tokenizing all parts of multi-component products, supply chain data is automatically timestamped and secured. Moreover, the DAG design allows one to trace-back all the elements of the final product to their origin. Blockchain can formally audit the entire supply chain without the need to go from place to place. A single incorruptible operations log creates an enabling environment for an unbiased reputation system to emerge.

    Original languageEnglish
    Title of host publication2021 4th International Conference on Computers in Management and Business, ICCMB 2021
    PublisherAssociation for Computing Machinery
    Pages83-88
    Number of pages6
    ISBN (Electronic)9781450388610
    DOIs
    Publication statusPublished - 30 Jan 2021
    Event4th International Conference on Computers in Management and Business, ICCMB 2021 - Singapore, Singapore
    Duration: 30 Jan 20211 Feb 2021

    Publication series

    NameACM International Conference Proceeding Series

    Conference

    Conference4th International Conference on Computers in Management and Business, ICCMB 2021
    Country/TerritorySingapore
    CitySingapore
    Period30/01/211/02/21

    Keywords

    • Blockchain
    • directed acyclic hypergraph
    • smart contract
    • supply chain

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