4.6 Article

Design of Supply Chain System Based on Blockchain Technology

Journal

APPLIED SCIENCES-BASEL
Volume 11, Issue 20, Pages -

Publisher

MDPI
DOI: 10.3390/app11209744

Keywords

supply chain; blockchain; information sharing; smart contract; alliance chain

Funding

  1. Major theoretical and practical research project of Philosophy and social Sciences in Shaanxi [2021ND0267]

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This paper proposes a supply chain system based on blockchain technology, aiming to address issues in traditional centralized supply chains such as asymmetric information and low collaboration efficiency. By standardizing information exchange formats and utilizing smart contracts, the system enhances efficiency and reliability in the supply chain.
As the interaction between companies becomes more and more complex, the problems of asymmetric information, weak traceability, and low collaboration efficiency in the traditional centralized supply chain are becoming increasingly prominent. To solve these problems, this paper designs a supply chain system based on blockchain. With the help of trade chain and information chain platforms, an overall framework of the supply chain system is constructed. By formulating platform interaction rules, the system information exchange format is standardized to ensure the stability and efficiency of system interaction. Smart contracts are used to manage supply chain system transactions and information interactions to achieve efficient and convenient information sharing, ensuring the security and reliability of supply chain information. The comprehensive performance of the system is evaluated through experiments. Experimental results indicate that while the system realizes the basic functions of the supply chain, it can promote the sharing of information between participants and improve its efficiency.

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