Application of the Blockchain Technology in the Vertical Value Chain Management of Enterprises
Author(s) -
Yang Wang,
Yiqi Wang,
Yi Zhang
Publication year - 2022
Publication title -
wireless communications and mobile computing
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.42
H-Index - 64
eISSN - 1530-8677
pISSN - 1530-8669
DOI - 10.1155/2022/2408027
Subject(s) - blockchain , computer science , transparency (behavior) , database transaction , enterprise information system , process management , value chain , knowledge management , computer security , business , database , supply chain , marketing
This paper studies how the blockchain technology applies the enterprise’s vertical value chain management and specifically studies how the blockchain technology is applied to the management of various transaction information involved in the enterprise’s vertical value chain management. This paper first analyzes the basic needs of the enterprise vertical value chain management, analyzes the decentralization, integrity, and authenticity of relevant transaction information in management, and designs and implements enterprise value chain management solution based on the blockchain technology, including the design and implementation of organizations, consensus mechanisms, data structures, and business processes. The simulation data is used for testing, and finally, the solution is evaluated in terms of security, transparency, efficiency, and scalability. The research in this paper shows that the blockchain technology can be applied to the enterprise’s vertical value chain management, which can ensure the authenticity, transparency, tamper resistance, and security of various transaction information of enterprises, thus improving the quality and reliability of the vertical value chain management of enterprises.
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