Open AccessBlockchain Design for Securing Supply Chain Management in Coffee Retailer Network
Author(s) -
Urshila Ravindran,
Pragya Bhardwaj,
P. Raghu Vamsi
Publication year - 2021
Publication title -
international journal of scientific research in science and technology
Language(s) - English
Resource type - Journals
eISSN - 2395-602X
pISSN - 2395-6011
DOI - 10.32628/cseit2174119
Subject(s) - blockchain , distributed ledger , ledger , supply chain , transparency (behavior) , business , supply chain management , asset (computer security) , computer science , product (mathematics) , supply chain network , computer security , commerce , marketing , accounting , geometry , mathematics
Blockchain is a trusted distributed ledger shared across the business processes. Blockchain technology focuses on automating tasks in a distributed environment. Proving as one of the effective platforms, it helps in mapping the physical commodities to the digital ledger. A digital ledger is like an electronic register for storing the transactions that are taking place among various commodities. The physical commodities include suppliers, manufacturers, exporters, consumers and distributors wherein the distributor plays a major role in determining the product standards. To this end, this paper presents a Blockchain design for securing Supply Chain Management (SCM) in Coffee Retailer Network (CRN). The proposed design made with the view that it further be implemented with smart contracts to establish a private or consortium Blockchain application for the asset tracking processes in the coffee retailer network. The proposed model can bring transparency, sustainability and efficiency in asset tracking.