Securing logistics system and supply chain using Blockchain. (11th November 2020)
- Record Type:
- Journal Article
- Title:
- Securing logistics system and supply chain using Blockchain. (11th November 2020)
- Main Title:
- Securing logistics system and supply chain using Blockchain
- Authors:
- Kumar, Ajay
Abhishek, Kumar
Rukunuddin Ghalib, Muhammad
Nerurkar, Pranav
Bhirud, Sunil
Alnumay, Waleed
Ananda Kumar, S.
Chatterjee, Pushpita
Ghosh, Uttam - Other Names:
- Srivastava Gautam guestEditor.
- Abstract:
- Abstract: Past international trade practices have been associated with opaque information flows that have hindered traceability and created hurdles in hassle‐free trade. Blockchain and allied technologies have been investigated as a panacea for the problems faced by supply chain and logistics industry. Network analysis also uncovered twenty types of legal and antisocial entities operating on bitcoin and provided a path for uncovering these antisocial entities. However, earlier works of literature have focused on limited aspects of a typical supply chain such as monitoring assets, securing traceability, data integrity negligence, and data access. To overcome such drawbacks, this article proposes permissioned Blockchain with relevant processes and functions to obtain a holistic framework for securing the supply chain and logistic operations. The efficacy of the proposed framework was demonstrated in the case study. Comparative study was performed with the existing frameworks where the proposed framework was found to be better at four counts compared on the basis of data integrity in supply chain, decentralized decision making and traceability. It was found that critical loopholes in a current supply chain can be overcome using the proposed framework.
- Is Part Of:
- Applied stochastic models in business and industry. Volume 37:Number 3(2021)
- Journal:
- Applied stochastic models in business and industry
- Issue:
- Volume 37:Number 3(2021)
- Issue Display:
- Volume 37, Issue 3 (2021)
- Year:
- 2021
- Volume:
- 37
- Issue:
- 3
- Issue Sort Value:
- 2021-0037-0003-0000
- Page Start:
- 413
- Page End:
- 428
- Publication Date:
- 2020-11-11
- Subjects:
- Blockchain -- distributed ledger -- intelligent logistics system
Stochastic analysis -- Periodicals
Stochastic processes -- Periodicals
Business mathematics -- Periodicals
Finance -- Mathematical models -- Periodicals
Industrial management -- Mathematical models -- Periodicals
338.00151923 - Journal URLs:
- http://onlinelibrary.wiley.com/ ↗
- DOI:
- 10.1002/asmb.2592 ↗
- Languages:
- English
- ISSNs:
- 1524-1904
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 1580.062200
British Library DSC - BLDSS-3PM
British Library STI - ELD Digital store - Ingest File:
- 17209.xml