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Blockchain Architecture
SCM Using Blockchain Technology
● The digital flow is then stored in the immutable blockchain ledger for anyone to verify.
● End user can easily access this information to ensure the provenance of the end product
Blockchain nodes should have standards and processes, which help in integration with these services.
● Farmers
● Processor
● Distributor
● Retailer
Smart Contract issued over the Blockchain can used to record the transactions. Following process can be
initiated:
● Transaction can carry origin details, batch numbers, ambient information, GPS coordinates, etc.
○ Use the same unique id of the product.
○ Use the UTXO model to interlink the transaction
● Shipment received by the destination country can be tracked for all the defined properties all through
the shipping process.
● Shipments can then be tracked from warehouses to wholesale distributors using the same
transaction ID reducing the inventory losses.
● Wholesale houses can then verify the quality of the product and also create another transaction
which includes that information.
● Retailers can then track sales volume and customer feedback closing the complete loop.
● Increased traceability
● Tokens can track products which can transacted directly over the Blockchain.