Visible to the public Blockchain Technology for Supply Chain Traceability, Transparency and Data Provenance

TitleBlockchain Technology for Supply Chain Traceability, Transparency and Data Provenance
Publication TypeConference Paper
Year of Publication2018
AuthorsMann, Suruchi, Potdar, Vidyasagar, Gajavilli, Raj Shekhar, Chandan, Anulipt
Conference NameProceedings of the 2018 International Conference on Blockchain Technology and Application
PublisherACM
Conference LocationNew York, NY, USA
ISBN Number978-1-4503-6646-5
Keywordsblockchain, ERP, Human Behavior, Mining Industries, pubcrawl, Resiliency, Scalability, smart contract, supply chain security
AbstractThe mining and metals industry is a critical component of the global economy. However, many operational and commercial practices remain inefficient and antiquated, leading to critical data omissions, security vulnerabilities, and even corruption. Mining supply chain faces several challenges like traceability, transparency, interoperability between supplier platforms and so on. Traditional systems are inefficient and hence this paper explores the use of an emerging digital technology named blockchain. The blockchain is a distributed digital ledger that keeps a record of every transaction securely and reliably without the need of third parties that reduces the exposure of the data to hackers. Blockchain technology improves productivity by replacing the standard contract with smart contracts. This paper outlines several key applications of blockchain for the mining industry.
URLhttp://doi.acm.org/10.1145/3301403.3301408
DOI10.1145/3301403.3301408
Citation Keymann_blockchain_2018