Blockchain-based supply chain for postage stamps

Abstract

Counterfeit and unaccounted postage stamps used on mailings cost postal administrations a significant amount of money each year. Corporate and individual clients become victim to stamp fraud and incur losses when security teams investigate such mailings. The blockchain technology is supposed to be a solution to make postage stamps market transparent and to guarantee invariability of stamps volume produced and used. The blockchain-based supply chain for postage stamps is introduced in the article.