Satchain: Secured Autonomous Transactions in Supply Chain using Block Chain

Abstract

With the increasing of digitization and massive adoption of advanced technologies in the various industries such as automotive, food, electronic goods etc. not only transform the equipment manufacturer’s operating mode, but also changing the business models. In particular textile industry, the raw materials are collected from different other industries, end products are manufactured, distributed and sold globally. Supply chain and logistics, in particular, are considered as fertile ground for a blockchain implementation due to the several parties involved in the logistic processes and the lack of trust that usually characterize the industry. In this paper, we addressed the automatic textile industry supply chain as case study, in which we present a non – destructive way of ensuring the traceability of different operational modes of supply chain. We have implemented automatic block chain-based framework, which helps track and trace every mode of operation in supply chain. The proposed framework is simulated in Ethereum platform and the result shows the proof – of – concept of proposed model that can be used for wide range of future smart applications.