ON THE SELECTION OF SUITABLE BLOCKCHAIN TECHNOLOGIES FOR SUPPLY CHAIN MANAGEMENT

Abstract

In the ever-expanding field of software engineering, the challenge of trust between different users and stakeholders of a software solution is becoming more prevalent. Software end users aim to be fully certain that the solution and/or service is in accordance with their requirements, with no deviations in quality of the selected or ordered solution and/or service. All actors in such a system are incentivized to secure and protect their own data, which is ultimately stored, processed and transferred within such a software system. In this paper, we demonstrate the applicability of an innovative approach to data storing and processing, and information exchange by implementing blockchain technologies, presented in a supply chain management case study. After selecting the appropriate technology, we focus on the security aspects which blockchain technology provides for our use-case. Finally, we test the model with transparency and information integrity hypotheses, network security challenges, and inappropriate actor behavior.