Summary
Asia-Pacific Network Operations and Management Symposium
2020
Session Number:P2
Session:
Number:P2-12
Towards Blockchain-based Stainless Steel Tracking
KyungChan Ko1, Changhoon Kang1, Youngbok Park2, Jongsoo Woo1, James W. Hong1,
pp.318-321
Publication Date:2020/9/22
Online ISSN:2188-5079
Summary:
Supply chain is an entire network of producing and delivering a specific product to a final consumer. Stainless steel is a specific product being delivered on a supply chain. It is not easy to manage and monitor the entire supply chain because a supply chain has high complexity, including various organizations and activities. Due to this difficulty, several issues occur in the process of supplying stainless steel, such as forgery and alteration. Blockchain is a decentralized and distributed ledger technology that specializes in transparency and immutability. Many companies try to introduce this blockchain technology into supply chain management to conveniently monitor their supply chain. Accordingly, the blockchain technology can make steel companies be able to investigate and protect high-quality products from counterfeited low quality products. This paper proposes a design of a blockchain-based stainless steel tracking system to thoroughly track the entire process involved in supplies from stainless steel mills to the final customers. This proposed design is based on the hyperledger fabric which is one of the most popular private blockchain platforms.