Blockchain-based Supply Chain for the Automation of Transaction Process: Case Study based Validation
Muhammad Asif Habib, Muhammad Bilal Sardar, Sohail Jabbar, C. M. Nadeem Faisal, Nasir Mahmood, Mudassar Ahmad
Abstract
The transaction issue in the area of supply chain management plays a vital role among stakeholders. For the reasonable processes of transportation and logistics in the supply chain, the sharing of the transaction is very crucial. The current supply chain management has several shortcomings in security and trust issues in the transaction process. Therefore, information is shared on paper-based and a semi digitalizes way. In this paper, we analyze a trust issue in supply chain and design a new propose scheme based on blockchain technology for resolving the problem in the supply chain and automate the whole payment process through a smart contract. The case study based validation is performed. The result shows that blockchain improves the transaction process.