An Efficient Trust-Based Supply Chain Management Framework Utilizing the Internet of Things and Blockchain Technology

Author(s):  
L. Kavisankar ◽  
V. Sivakumar ◽  
T. Balachander ◽  
M. B. Mukesh Krishnan ◽  
V. Deeban Chakravarthy ◽  
...  
Author(s):  
Kamalendu Pal

Adoption of the internet of things (IoT) and blockchain technology opens new opportunities of business process automation in apparel supply chain management. The IoT technology helps to capture real-time information from different aspects of garment manufacturing activities by using radio frequency identification (RFID) tags and sensors. Blockchain technology is an emerging concept of computing that enable the decentralized and immutable storage of business transactions. In combination with IoT, blockchain technology can enable a broad range of application scenarios to enhance business value and trust. This chapter presents some of the blockchain-based IoT technology applications in apparel business processes. Moreover, the chapter provides a classification of threat models, which are considered by blockchain protocols in IoT networks. Finally, the chapter provides a taxonomy and a side-by-side comparison of the state-of-the-art methods towards secure and privacy-preserving blockchain technologies concerning the blockchain model, specific security goals, performance, and limitations.


Sensors ◽  
2021 ◽  
Vol 21 (5) ◽  
pp. 1759
Author(s):  
Mabrook S. Al-Rakhami ◽  
Majed Al-Mashari

Accurate data and strategic business processes are crucial to all parties in a supply chain system. However, the absence of mutual trust can create a barrier to implementation. Several studies have shown that supply chains face challenges arising from a lack of trust with respect to the sharing of data. How well each party trusts the data they receive can have a profound influence on management decisions. Blockchain technology has been widely used to process cryptocurrency transactions. Recently, it has also proved to be effective in creating trust in the Internet of things (IoT) domain. Blockchain technology can facilitate mutual trust between parties who would otherwise have been doubtful of each other’s data, allowing for more effective and secure sharing of data. However, if the blockchain is not IoT-optimized, companies can experience significant delays and the need for extensive computational capacity. Moreover, there are still some limitations regarding the consensus between the nodes in the traditional consensus approaches. Here, we propose an alternative approach to creating trust in supply chains with diverse IoT elements. Our streamlined trust model simplifies data sharing and reduces computational, storage, and latency requirements while increasing the security of the IoT-based supply chain management. We evaluate the suggested model using simulations and highlight its viability.


Author(s):  
Hanhan Maulana ◽  
◽  
Selvia Lorena Br Ginting ◽  
Pramanda Aryan ◽  
Muhamad Restu Fadillah ◽  
...  

This study aims to analyze the use of the Internet of Things (IoT) in supporting the management of food supply chains (FSCs) in the food industry. This research used qualitative research methods. The results obtained from this study are increasing the effectiveness and efficiency of the existing food supply chain in the food industry by applying the IoT concept to food supply chain management. These results can be obtained because the IoT concept is supported by various systems and technologies that can be implemented and developed so that IoT can help identify and deal with existing problems more quickly while being able to assist in the decision-making process with information obtained through IoT technology so that it will support development food supply chain management in the food industry. This study was conducted to see how much influence the internet of things (IoT) has on food supply chain management in the food industry.


Logistics 4.0 ◽  
2020 ◽  
pp. 27-34
Author(s):  
Volkan Ünal ◽  
Mine Ömürgönülșen ◽  
Sedat Belbağ ◽  
Mehmet Soyasal

Author(s):  
Arthur Tatnall ◽  
Bill Davey

The internet of things (IoT) involves connections of physical things to the internet. It is largely about the relationships between things, or non-human actors. In the past, it was rare for non-humans to interact with each other without any involvement by humans, but this has changed and the “things” sometimes seem to have inordinate power. Where does this leave humans? Are the things taking over? As a consideration of interactions like this must be a socio-technical one, in this chapter, the authors make use of actor-network theory to frame the discussion. While the first applications for IoT technology were in areas such as supply chain management and logistics, many more examples now can be found ranging from control of home appliances to healthcare. It is expected that the “things” will become active participants in business, information, and social processes, and that they will communicate among themselves by exchanging data sensed from the environment, while reacting autonomously.


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