Abstract
Blockchain is a cutting-edge technology that offers corporate networks the ability to save transactions, carry out operations, and communicate information by building trust in an inclusive environment. Blockchain technology is a breakthrough in encryption and security that is used in different types of industries, such as healthcare, supply chain and logistics, retail and e-commerce, and finance. Blockchain is a peer-to-peer decentralized network of node and it helps in providing security by using encryption and hashing algorithm. The hash of each node is carried to the next node forming a chain of connection. Any changes in the data will affect the hash value, thus breaking the chain. Even though security is achieved in the blockchain technology, privacy in blockchain is a significant research topic that needs to addressed. Since every block is visible to all the nodes it creates a threat to privacy in blockchain. In this paper, secure supply chain management is implemented that preserves privacy between all the stake holders involved in the process. The proposed solution does not require a trusted third party and it is implemented with R3 corda, a private blockchain with high level of trust. A case study proves the behaviour of the flow and the states created by recording the transactions.
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Kumari, K.A., Sangeetha, S., Rajeevan, V., Dharshini, M.D., Haritha, T. (2023). Trade Management System Using R3 Corda Blockchain. In: Abraham, A., Pllana, S., Casalino, G., Ma, K., Bajaj, A. (eds) Intelligent Systems Design and Applications. ISDA 2022. Lecture Notes in Networks and Systems, vol 715. Springer, Cham. https://doi.org/10.1007/978-3-031-35507-3_26
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DOI: https://doi.org/10.1007/978-3-031-35507-3_26
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