Abstract
Blockchain technology as a foundation for distributed ledger offers an innovative platform for transparent and efficient transaction in Reverse Auction Bidding process in a supply chain for procuring carriers. This research work provides background and motivation for the use of Blockchain in such domains. A supply chain model is realized by deploying a smart contract in Blockchain and it considers multi-attribute of the carriers while procuring one through the reverse auction process. This research work validates the Blockchain-enabled supply chain model by simulating a supply chain proposed for a Dairy Company. Data to calibrate the simulation was taken from a published case study on Reverse Auctions in supply chain. The result shows that the model is a feasible scheme and its features will offset the challenges of current RAB process making it more efficient and transparent.
Original language | English |
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Title of host publication | 13th International Conference on Software, Knowledge, Information Management and Applications (with The International Workshop on Applied Artificial Intelligence - AI) 26-28 August 2019, Island of UKULHAS, Maldives |
Place of Publication | Piscataway, New Jersey |
Publisher | IEEE |
Number of pages | 6 |
ISBN (Electronic) | 9781728127415, 9781728127408 |
ISBN (Print) | 9781728127422 |
DOIs | |
Publication status | Published - 6 Feb 2020 |
Event | International Conference on Software, Knowledge, Information Management and Applications - Island of Ukulhas, Maldives Duration: 26 Aug 2019 → 28 Aug 2019 Conference number: 13 http://skimanetwork.info/skima2019/ |
Publication series
Name | SKIMA Conference Proceedings |
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Publisher | IEEE |
ISSN (Print) | 2373-082X |
ISSN (Electronic) | 2573-3214 |
Conference
Conference | International Conference on Software, Knowledge, Information Management and Applications |
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Abbreviated title | SKIMA 2019 |
Country/Territory | Maldives |
City | Island of Ukulhas |
Period | 26/08/19 → 28/08/19 |
Internet address |
Keywords
- Blockchain
- Reverse auction bidding
- Supply chain
- Smart contract