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Integrating Blockchain and IoT in Supply Chain Management: A Framework for Transparency and Traceability
Abstract
Internet of things(IoT) is the conception of interfacing the devices to the internet to make life more efficient. It comprises the large amount of data in its network where it fails to assure complete security in the network. Blockchain is a distributed ledger where it mainly focuses on the data security. Every block in the blockchain network is connected to its next block, which prevents threats like large data loss. In the area of agri-food supply chain, where IoT plays a very important role, there occurs data integrity issues or data tampering. This can lead to improper supply chain management, timely shortage of goods, food spoilage, etc. So the traceability of agri-food supply chain is necessary to ensure food safety and to increase the trust between all stakeholders and consumers. Many illegal activities can be prevented, and cold chain monitoring can be achieved by bringing in transparency and traceability.
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