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2021 | OriginalPaper | Chapter

Token-Based Blockchain Solutions for Supply Chain Strategies

Authors : F. Dietrich, A. Turgut, D. Palm, L. Louw

Published in: Production at the leading edge of technology

Publisher: Springer Berlin Heidelberg

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Abstract

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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Metadata
Title
Token-Based Blockchain Solutions for Supply Chain Strategies
Authors
F. Dietrich
A. Turgut
D. Palm
L. Louw
Copyright Year
2021
Publisher
Springer Berlin Heidelberg
DOI
https://doi.org/10.1007/978-3-662-62138-7_69

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