Smart contract-based approach for efficient shipment management. (October 2019)
- Record Type:
- Journal Article
- Title:
- Smart contract-based approach for efficient shipment management. (October 2019)
- Main Title:
- Smart contract-based approach for efficient shipment management
- Authors:
- Hasan, Haya
AlHadhrami, Esra
AlDhaheri, Alia
Salah, Khaled
Jayaraman, Raja - Abstract:
- Highlights: Framework and solution for shipment tracking and delivery. Demonstrate how IoT and blockchain technologies can ensure shipment tracking. Describe the overall system for efficient shipment tracking. Application to multi-echelon and multi-party settings. Abstract: Efficient tracking of shipments is critical in managing global trade and logistics activities. The volume of global container movement combined with information opaqueness and process complexity necessitates implementing a robust technology solution with real time tracking capabilities. Blockchain is an emerging technology that offers the necessary platform to track and manage shipment movements in the supply chain using a peer-to-peer, secured, distributed ledger, and without intermediaries or trusted third parties. In this paper, we propose a blockchain-based solution for efficient supply chain management involving items shipped via smart containers. Our proposed solution utilizes the features of smart contracts in Ethereum blockchain to govern and manage interactions between the sender and receiver. Shipped items are included in smart containers equipped with Internet of Things (IoT) sensors that can be used to track and monitor predefined shipping conditions related to temperature, geographical location, humidity, pressure, light exposure, sudden fall, broken seal, etc. Ethereum smart contracts are used to manage shipment conditions, automate payments, legitimize receiver and also issue a refund inHighlights: Framework and solution for shipment tracking and delivery. Demonstrate how IoT and blockchain technologies can ensure shipment tracking. Describe the overall system for efficient shipment tracking. Application to multi-echelon and multi-party settings. Abstract: Efficient tracking of shipments is critical in managing global trade and logistics activities. The volume of global container movement combined with information opaqueness and process complexity necessitates implementing a robust technology solution with real time tracking capabilities. Blockchain is an emerging technology that offers the necessary platform to track and manage shipment movements in the supply chain using a peer-to-peer, secured, distributed ledger, and without intermediaries or trusted third parties. In this paper, we propose a blockchain-based solution for efficient supply chain management involving items shipped via smart containers. Our proposed solution utilizes the features of smart contracts in Ethereum blockchain to govern and manage interactions between the sender and receiver. Shipped items are included in smart containers equipped with Internet of Things (IoT) sensors that can be used to track and monitor predefined shipping conditions related to temperature, geographical location, humidity, pressure, light exposure, sudden fall, broken seal, etc. Ethereum smart contracts are used to manage shipment conditions, automate payments, legitimize receiver and also issue a refund in case of violations to predefined conditions. In the paper, we present and discuss key aspects related to architectural design, entity relations, interactions among participants, information flow, implementation and testing of the overall system functionality with a potential business case applied to vaccine supply chain. The Smart contracts were implemented in Solidity language and tested using Remix IDE environment, the code has been made publicly available for academic, research and practice community. … (more)
- Is Part Of:
- Computers & industrial engineering. Volume 136(2019)
- Journal:
- Computers & industrial engineering
- Issue:
- Volume 136(2019)
- Issue Display:
- Volume 136, Issue 2019 (2019)
- Year:
- 2019
- Volume:
- 136
- Issue:
- 2019
- Issue Sort Value:
- 2019-0136-2019-0000
- Page Start:
- 149
- Page End:
- 159
- Publication Date:
- 2019-10
- Subjects:
- Supply chain management -- Smart contracts -- Ethereum -- Blockchain -- IoT -- Internet of things
Engineering -- Data processing -- Periodicals
Industrial engineering -- Periodicals
620.00285 - Journal URLs:
- http://www.sciencedirect.com/science/journal/03608352 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.cie.2019.07.022 ↗
- Languages:
- English
- ISSNs:
- 0360-8352
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3394.713000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 17957.xml