2 research outputs found
An Effective Supply Chain Model using Blockchain in IoT with Trust Enabled Hybrid Concensus Algorithm
With the rapid growth of multiagent systems, concerns about privacy and security have assumed a position of paramount importance. Blockchain technology has gained a lot of attention since it first appeared because of its benefits in terms of decentralization, accessibility, traceability, and the capacity to be trustless. The increasingly complicated supply chains in today's world face significant issues regarding traceability and integrity. Blockchain technology holds out the possibility of developing a new concept for supply chain traceability, lapping these worries. Thus, in this research, the trust enable hybrid consensus algorithm is proposed for establishing consistency in the network with the irrelevant traders. The authorization is identified by the proposed model for accessing the Blockchain network depending on the accessibility rules. Depending on the various information sources, the authenticity of data is calculated, which makes the interaction between both the agent as well as the resource. The efficiency of the proposed model is determined by three different measures for secure data transfer. The attained minimal transaction time is 0.856 ms, memory usage is 87.684 KB, and responsiveness is 3.599 ms, respectively
Secure and Transparent Supply Chain Management using Blockchain and IoT
Blockchain technology has emerged as a disruptive force across various industries, and its integration with the Internet of Things (IoT) has unlocked new avenues for supply chain management. The conventional supply chain systems often encounter challenges related to privacy, security, and data integrity. In contrast, blockchain's decentralized and tamper-proof nature ensures a secure, auditable, and transparent record of product movement within the supply chain. By leveraging the immutable properties of blockchain, the system enhances product traceability, authenticity, and accountability while significantly reducing operational costs. IoT devices are vulnerable to attack as due to low processing power, storage limitations etc. Blockchain integrated with IoT provides a solution faced by the several industries. Blockchains and smart contracts are technology that has gained massive attention. The integration of blockchain addresses these shortcomings by providing robust data security and integrity, minimizing the risk of unauthorized access or alteration. This paper presents a system that helps the industrialist to have an access to agricultural data and supply of crops data to farmer. As industries continue to embrace digitization and connectivity, the presented system offers a significant step towards a more streamlined and secure future for agricultural information sharing. This system will be effective for the supply chain management for the trusted delivery