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Token-based blockchain solutions for supply chain strategies

  • Distributed ledger technologies such as the blockchain technology offer an innovative solution to increase visibility and security to reduce supply chain risks. This paper proposes a solution to increase the transparency and auditability of manufactured products in collaborative networks by adopting smart contract-based virtual identities. Compared with existing approaches, this extended smart contract-based solution offers manufacturing networks the possibility of involving privacy, content updating, and portability approaches to smart contracts. As a result, the solution is suitable for the dynamic administration of complex supply chains.

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Author of HS ReutlingenPalm, Daniel; Dietrich, Fabian
Erschienen in:Production at the leading edge of technology : Proceedings of the 10th Congress of the German Academic Association for Production Technology (WGP), Dresden, 23-24 September 2020 (Lecture Notes in Production Engineering)
Place of publication:Berlin
Editor:Bernd-Arno Behrens, Alexander Brosius, Wolfgang Hintze, Steffen Ihlenfeldt, Jens Peter Wulfsberg
Document Type:Conference proceeding
Publication year:2021
Tag:blockchain; smart contract; supply chain control; supply chain risk management; sustainability
Page Number:10
First Page:689
Last Page:698
PPN:Im Katalog der Hochschule Reutlingen ansehen
DDC classes:330 Wirtschaft
Open access?:Ja
Licence (German):License Logo  In Copyright - Urheberrechtlich geschützt