Improving Opportunities in Healthcare Supply Chain Processes via the Internet of Things and Blockchain Technology

2019 ◽  
Vol 14 (2) ◽  
pp. 49-65 ◽  
Author(s):  
Raja Jayaraman ◽  
Khaled Salah ◽  
Nelson King
Keyword(s):  
Supply Chain ◽  
Internet Of Things ◽  
The Internet ◽  
Chain Process ◽  
Product Recalls ◽  
Chain Processes ◽  
Blockchain Technology ◽  
Compromise Patient Safety ◽  
Supply Chain Process ◽  
The Internet Of Things

Despite key advances in healthcare informatics and management, little progress to address supply chain process-related problems has been made to date. Specifically, key healthcare supply chain processes include product recalls, monitoring of product supply shortages, expiration, and counterfeits. Implementing and executing these processes in a trusted, secure, efficient, globally accessible and traceable manner is challenging due to the fragmented nature of the healthcare supply chain, which is prone to systemic errors and redundant efforts that may compromise patient safety and impact health outcomes adversely. Blockchain, combined with the Internet of things (IoT), is an emerging technology that can offer a practical solution to these challenges. Accordingly, IoT blockchain offers a superior way to track and trace products via a peer-to-peer distributed, secure, and shared ledger of the blockchain network. This article highlights key challenges related to healthcare supply chains, and illustrates how IoT blockchain technologies can play a role in overcoming these challenges now and in the near future.

Improving Opportunities in Healthcare Supply Chain Processes via the Internet of Things and Blockchain Technology

2021 ◽  
pp. 1635-1654
Author(s):  
Raja Jayaraman ◽  
Khaled Salah ◽  
Nelson King
Keyword(s):  
Supply Chain ◽  
Internet Of Things ◽  
The Internet ◽  
Chain Process ◽  
Product Recalls ◽  
Chain Processes ◽  
Blockchain Technology ◽  
Compromise Patient Safety ◽  
Supply Chain Process ◽  
The Internet Of Things

Despite key advances in healthcare informatics and management, little progress to address supply chain process-related problems has been made to date. Specifically, key healthcare supply chain processes include product recalls, monitoring of product supply shortages, expiration, and counterfeits. Implementing and executing these processes in a trusted, secure, efficient, globally accessible and traceable manner is challenging due to the fragmented nature of the healthcare supply chain, which is prone to systemic errors and redundant efforts that may compromise patient safety and impact health outcomes adversely. Blockchain, combined with the Internet of things (IoT), is an emerging technology that can offer a practical solution to these challenges. Accordingly, IoT blockchain offers a superior way to track and trace products via a peer-to-peer distributed, secure, and shared ledger of the blockchain network. This article highlights key challenges related to healthcare supply chains, and illustrates how IoT blockchain technologies can play a role in overcoming these challenges now and in the near future.

Blockchain Technology for the Internet of Things Applications in Apparel Supply Chain Management

2021 ◽  
pp. 152-185
Author(s):  
Kamalendu Pal
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Internet Of Things ◽  
Radio Frequency Identification ◽  
Business Processes ◽  
The Internet ◽  
Chain Management ◽  
Blockchain Technology ◽  
Technology Applications ◽  
The Internet Of Things

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.

scholarly journals A Blockchain-Based Trust Model for the Internet of Things Supply Chain Management

Sensors ◽  
2021 ◽  
Vol 21 (5) ◽  
pp. 1759
Author(s):  
Mabrook S. Al-Rakhami ◽  
Majed Al-Mashari
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Internet Of Things ◽  
Supply Chains ◽  
Trust Model ◽  
The Internet ◽  
Mutual Trust ◽  
Chain Management ◽  
Blockchain Technology ◽  
The Internet Of Things

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.

Industrial Internet of Things

2020 ◽  
pp. 134-155
Author(s):  
Sema Kayapınar Kaya
Keyword(s):  
Supply Chain ◽  
Internet Of Things ◽  
Future Research ◽  
The Internet ◽  
Supply Chain Performance ◽  
Industrial Internet Of Things ◽  
Chain Processes ◽  
Industrial Internet ◽  
Literature Reviews ◽  
The Internet Of Things

Industrial Internet of Things (IIoT) refers to the extension of the Internet of Things and It is used for industrial purposes such as manufacturing, supply chain.IIoT can be connected with billions of industrial devices and machines that supported machine learning and big data technology. Because of its potential to authorize faster and better decision making, the IIoT becomes essential for supply chain processes. The IIoT is set to revolutionize the supply chain with both operational efficiencies and revenue opportunities made possible with just this type of transparency. This study attempts to fill this gap by developing a conceptual framework for predicting the advantage of the IIoT and supply chain performance. This chapter synthesizes existing literature reviews and making bibliometric analysis on the IIoT and supply chain. Additionally, It also outlines avenues and opportunities for future research aiming at the contribution of the IIoT to Supply Chain processes.

Tendencies of development of modern innovative technologies and the digital economy

2018 ◽  
Vol 35 (2) ◽  
pp. 40-47
Author(s):  
S. M. Doguchaeva
Keyword(s):  
Internet Of Things ◽  
Digital Economy ◽  
Digital Transformation ◽  
The Internet ◽  
Successful Development ◽  
Innovative Technologies ◽  
Digital World ◽  
Blockchain Technology ◽  
The Internet Of Things

The era of digital transformation provides the opportunity for leading companies to change priorities - to begin to take care of the support environment using innovative technologies and become a leading creative platform open for innovation. The successful development of the digital world, the blockchain technology, the Internet of things – the mechanism which will change the financial world. 

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