A Novel Vehicle Blockchain Model Based on Hyperledger Fabric for Vehicle Supply Chain Management

Abstract

Counterfeit vehicle parts bring about huge economic losses to the legitimate parts industry and serious injury to users. It is difficult to identify counterfeits since very few participants have end-to-end visibility of products across their supply chain. This paper aims to explore the potential of blockchain in solving complex supply chain processes. We provide a blockchain-based vehicle supply chain management to replace rigid supply chains, resulting in more efficient and secure service for all participants. To verify the feasibility of proposed management, we simulated vehicle supply chain in Hyperledger Fabric. We use Hyperledger Caliper to conduct the performance of proposed system in terms of transactions per second and transaction latency. The simulation results show the proposed model could be used for vehicle supply chain in a real environment.