Permissioned Blockchain Model for End-to-End Trackability in Supply Chain Management

Abstract

Supply chain management or logistics is a crucial aspect of any business, be it agriculture, food, healthcare, and more. However, it also involves a communication among a host of actors performing different roles in the chain. Integration of these actors in a transparent yet secure way is needed, which blockchain technology has the potential to do so. In this article, different models of blockchain application in logistics are discussed and how the permissioned blockchains can be used in realizing the business case. An overview of different frameworks which enable permissioned blockchains are discussed in this article. Based on this, the authors propose an asset transfer model which can be employed to enhance supply chain trackability using permissioned blockchain.

Combating Drug Counterfeiting by Tracing Ownership Transfer Using Blockchain Technology

“…A permissioned blockchain model has been proposed for end-to-end traceability in the supply chain by Khanna et al (2020). In their view, the researchers perceive the whole trace of the product in the supply chain as a chain of ownership transfer transactions that have happened on the product from the start of the supply chain.…”

Blockchain Application Design and Algorithms for Traceability in Pharmaceutical Supply Chain

“…As a result, consumers can view the entire life cycle from its provenance to its consumption. Khanna, Nand and Bali (2020) proposed a permissioned blockchain model for end-to-end traceability in the supply chain. The researchers perceive the whole trace of the product in the supply chain as a chain of ownership transfer transactions that have taken place at the start of the supply chain.…”