Information Sharing for Manufacturing Supply Chain Management Based on Blockchain Technology
Kamalendu Pal
Abstract
Internet of Things (IoT) and blockchain technology-based information system (IS) can be used to improve tracking of goods and services in offering and build a collaborative operating environment among the business-partners of the manufacturing industry. In this process IS architecture plays an important role in storing, processing, and distributing data. Despite contributing to the rapid development of IoT applications, the current IoT-centric architecture has led to a myriad of isolated data silos that hinder the full potential of holistic data-driven decision-support applications with the IoT because of technical issues (e.g., standalone IoT applications suffer from security and privacy-related problems). This chapter presents a proof of concept of a hybrid enterprise information system architecture, which consists of IoT-based applications and a blockchain-oriented distributed-ledger system to support-transaction services within a multiparty global manufacturing (e.g., textile and clothing business) network.