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Mutual Recognition Mechanism Based on DVCS Oracle in the Blockchain Platform: DVCS Oracle in the Global Supply Chain

Mutual Recognition Mechanism Based on DVCS Oracle in the Blockchain Platform: DVCS Oracle in the Global Supply Chain
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Author(s): Vladimir Nikolaevich Kustov (Saint Petersburg State University of Railway Transport of Emperor Alexander I, Russia)and Ekaterina Sergeevna Selanteva (New Space of Trade LLC, Russia)
Copyright: 2022
Pages: 23
Source title: Utilizing Blockchain Technologies in Manufacturing and Logistics Management
Source Author(s)/Editor(s): S. B. Goyal (City University, Malaysia), Nijalingappa Pradeep (Bapuji Institute of Engineering and Technology, India), Piyush Kumar Shukla (University Institute of Technology RGPV, India), Mangesh M. Ghonge (Sandip Institute of Technology and Research Centre, India)and Renjith V. Ravi (MEA Engineering College, India)
DOI: 10.4018/978-1-7998-8697-6.ch005

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Abstract

The main purpose of this chapter is to present the need to use the mutual recognition mechanism (MRM) of electronic signatures based on the DVCS oracle in the blockchain platform for the global supply chain. The authors begin their research by comparing a single-domain traditional supply chain with a multi-domain global supply chain. In the second case, the necessity of using an MRM electronic signature based on the DVCS oracle is justified. Various options for constructing MRM are discussed. The chapter provides a comparative assessment of the electronic signature validation protocols and the rationale for using the DVCS protocol to implement the blockchain oracle. As a result, the authors propose to use a well-tested software and hardware complex of the Litoria DVCS as a DVCS oracle and illustrate its use with practical examples.

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