Blockchain for Supply Chain Traceability with Data Validation

Abstract

Sustainable supply chain management has been proposed to integrate environmental and financial practices into the supply chain to reduce the risk of business and ensure chain’s sustainability meeting environmental, economic and social goals. However, the ever-changing environment has made traceability processes in supplies chains should be carried out with special care to avoid vulnerabilities at any level of the supply chain. In this paper, we describe how a Blockchain-based Global Supply Chain Traceability and the use of smart contracts to validate the transactional data can support the sustainable supply chain management through the use of smart contracts with data validation. Our proposal has been evaluated using Hyperledger Caliper, obtaining a combined average throughput of 401 transactions per second and an average latency of 0.24 s.