A Fully Observable Supply Chain Management System Using Block Chain and IOT

Naidu, Vishal; Mudliar, Kumaresan; Naik, Abhishek; Bhavathankar, Prasenjit

doi:10.1109/i2ct.2018.8529725

Cited by 22 publications

(11 citation statements)

References 3 publications

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“…An important body of research explores security and safety in IoT networks as a most important priority, despite the majority of studies on blockchain cybersecurity referred that the security of IoT networks could be improved if it is integrated by blockchain technology, which for instance appears in the community D (i.e., [46]) and cluster 2 (i.e., [79]). Yet, a few studies discussed the critical success factors for blockchain adoption in a cyber-secure supply chain to mitigate IoT security risks/threats.…”

Section: Discussion Of Findings and Future Research Directionsmentioning

confidence: 99%

“…The literature discusses these applications and opportunities associated with smart contracts. For instance, Reference [79] proposed an efficient solution to automate the supply chain processes by applying a blockchain network based on Ethereum, with smart contracts also known as cryptocontract, keeping the whole data of a company. This proposed system based on blockchain, IoT and smart contracts improve traditional supply chain management systems by replacing the standard contract with smart contracts.…”

Section: Cluster 2: Employing Blockchain Technology With Smart Contramentioning

confidence: 99%

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Supply Chain Disruption Risk Management with Blockchain: A Dynamic Literature Review

et al. 2021

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The purpose of this review is to describe the landscape of scientific literature enriched by an author’s keyword analysis to develop and test blockchain’s capabilities for enhancing supply chain resilience in times of increased risk and uncertainty. This review adopts a dynamic quantitative bibliometric method called systematic literature network analysis (SLNA) to extract and analyze the papers. The procedure consists of two methods: a systematic literature review (SLR) and bibliometric network analysis (BNA). This paper provides an important contribution to the literature in applying blockchain as a key component of cyber supply chain risk management (CSRM), manage and predict disruption risks that lead to resilience and robustness of the supply chain. This systematic review also sheds light on different research areas such as the potential of blockchain for privacy and security challenges, security of smart contracts, monitoring counterfeiting, and traceability database systems to ensure food safety and security.

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Section: Discussion Of Findings and Future Research Directionsmentioning

confidence: 99%

Section: Cluster 2: Employing Blockchain Technology With Smart Contramentioning

confidence: 99%

Supply Chain Disruption Risk Management with Blockchain: A Dynamic Literature Review

et al. 2021

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“…The position of the solution is updated using Equations (16) and (17) Update the position of the solution using Equations (20) and (21) in the Exploitation phase Update the position of the solution using Equations (22) and (23) in the Exploration phase End For t = 70% + 1…”

Section: Algorithm 1 Proposed Wnumentioning

confidence: 99%

“…In 2018, Naidu et al 23 have suggested a new solution for automating as well as decentralizing the mechanism of SCM. In the proposed model, the authors have generated the blockchain network with nodes of each “raw material supplier, manufacturer, assembly, and product supplier” to vanish the discontinuity between the entities.…”

Section: Literature Reviewmentioning

confidence: 99%

Blockchain‐based secure information sharing for supply chain management: Optimization assisted data sanitization process

et al. 2020

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Currently, the furious competitiveness in global markets and speedy improvements in information technology lead to shorter product life cycles, lesser transportation capabilities, and increased demands as well. In most business scenarios, the supply chain network is becoming one of the most vital focusing areas. In the supply chain network, blockchain technology is a promising solution for secure information sharing. However, it is a bit critical in maintaining security at each level of the blockchain and hence the public-private-key cryptography is more commonly preferred. This study intends to construct a new privacy preservation model in the field of supply chain networks based on blockchain technology by undergoing three major phases, namely, (a) data sanitization, (b) key generation, and (c) restoration. Further, the sensitive fields in the original data are selected during the data sanitization phase, and in the key generation phase; the optimal key is generated to hide the selected sensitive fields. The hidden data with the secured key is transferred from the source (manufacturer) to destination (vendor) in the supply chain network via the blockchain. The restoration process takes place in the receiver side with the help of the same key. Among all these data flow methods, the optimal key selection is the critical issue that needs to be overridden to make the data transmission secured. As a novelty, a new optimization algorithm referred to as Whale with New Crosspoint-based Update (WNU), which is the advanced version of Whale Optimization Algorithm (WOA), is developed here to select the optimal key. Finally, the proposed WNU model is analyzed in terms of Hiding Failure (HF) rate, Information Preservation (IP) Rate, and False Rule generation (FR), and Degree of Modification (DM). The proposed secured information sharing in supply chain management (SCM) with blockchain technology will be validated by comparing it over the traditional models in terms of security as well.

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“…Vishal Naidu, et al 4 presents an important approach for the automation and decentralization of supply chain management processes. The proposed system would make the whole tree of the supply chain a system in which each entity is part of the system.…”

Section: Literature Reviewmentioning

confidence: 99%

BLOCKCHAIN and IoT for Enhancing Supply Chain Security – A review

Basha¹,

Nikitha²,

K³

et al. 2020

IJISRT

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In today's competitive business environment, the goal of a business is long-term survival. As seen that these days, most of the companies are customer driven. They mostly work on a combination of pull and push system Supply chain is an integral part of the manufacturing companies and various other sectors. Keeping this in mind, it is also found that the supply chain faces a lot of threats. This paper looks at various challenges a traditional supply chain faces such as Inventory theft, Information theft, Smuggling and Piracy, Trusting data to third party vendor. So, there is a high sense of need of security and monitoring for the data as well as the products. In this paper we discuss about the steps involved in implementation of Blockchain. This paper will summarize on how Blockchain, which on combining with IoT platform, will provide a real time and a secure supply chain. By doing so, the productivity, efficiency, and profitability of the supply chain can be improved.

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A Fully Observable Supply Chain Management System Using Block Chain and IOT

Cited by 22 publications

References 3 publications

Supply Chain Disruption Risk Management with Blockchain: A Dynamic Literature Review

Supply Chain Disruption Risk Management with Blockchain: A Dynamic Literature Review

Blockchain‐based secure information sharing for supply chain management: Optimization assisted data sanitization process

BLOCKCHAIN and IoT for Enhancing Supply Chain Security – A review

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