Article ; Online: Blockchain-Based Architecture for a Sustainable Supply Chain in Cloud Architecture
Sustainability, Vol 15, Iss 9072, p
2023 Volume 9072
Abstract: Blockchain technology, as a well-known technology in financial spaces, has many advantages in non-financial industries and supply chains. Two of the main benefits of blockchain technology are smart contracts and distributed decision-making processes. ... ...
Abstract | Blockchain technology, as a well-known technology in financial spaces, has many advantages in non-financial industries and supply chains. Two of the main benefits of blockchain technology are smart contracts and distributed decision-making processes. These features can be especially useful in implementing Industry 4.0. Moreover, this technology can increase productivity in supply chains by enhancing transparency, reducing operational costs, and improving monitoring and supervision throughout the lifecycle of products. In this paper, we introduce a blockchain-based architecture for a supply chain in cloud architecture. This approach leads to the more efficient implementation of Industry 4.0 and increases sustainability in the supply chain. In this study, we aim to investigate whether the proposed blockchain-based platform affects sustainability in the supply chain. From a sustainability perspective, we solve the large-scale problem of a cloud-based production–distribution system in centralized and distributed states. The results of the solution indicate a significant improvement in the decentralized state compared to the centralized state and this improvement enhances sustainability in the supply chain. We verify the proposed model by considering an axiomatic design algorithm. In the distributed model, the system cost is reduced by up to 45%, and the solving time is decreased by approximately 51% in pessimistic conditions and by about 87% in optimistic conditions. These improvements directly enhance economic and environmental sustainability, resulting in reduced energy consumption. |
---|---|
Keywords | blockchain technology ; cloud-based production–distribution system ; Industry 4.0 ; sustainable supply chain ; Environmental effects of industries and plants ; TD194-195 ; Renewable energy sources ; TJ807-830 ; Environmental sciences ; GE1-350 |
Subject code | 620 |
Language | English |
Publishing date | 2023-06-01T00:00:00Z |
Publisher | MDPI AG |
Document type | Article ; Online |
Database | BASE - Bielefeld Academic Search Engine (life sciences selection) |
Full text online
More links
Kategorien
Inter-library loan at ZB MED
Your chosen title can be delivered directly to ZB MED Cologne location if you are registered as a user at ZB MED Cologne.