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Received 29.08.2021

Revised 17.11.2021

Accepted 10.12.2021

Retrieved from Iss. 110, 2021

Pages 152 -157

  • 106 Views

Suggested citation

Gusiev, O., & Fedorenko, I. (2021). DEVELOPMENT OF MEASURES FOR OPTIMIZATION OF THE PRODUCT SUPPLY CHAIN BY USING MODERN BLOCKCHANE TECHNOLOGY. Automobile Roads and Road Construction, (110), 152-157. https://doi.org/10.33744/0365-8171-2021-110-152-157

DEVELOPMENT OF MEASURES FOR OPTIMIZATION OF THE PRODUCT SUPPLY CHAIN BY USING MODERN BLOCKCHANE TECHNOLOGY

Oleksandr Gusiev Iryna Fedorenko

Abstract

The article is aimed at the development of measures for optimization of the product supply chain by using modern blockchane technology. The world statistics on counterfeit turnover, which is 3.3% per year, which is equivalent to $ 500 billion (2017), which is very relevant for Ukraine, is analyzed. The technology and algorithms for supply chain optimization is achieved by analyzing data from each point and identifying problem processes and Points are considered. The use of smart contract technology in the blockchain system is proposed to ensure the safety and security of the goods (cargo), to track the origin of the goods, route, stages of transportation and its originality, by creating records at each point of stay of the goods. 

Keywords:

supply chain, blockchane technology, smart contract, safety and security of the goods

References

  1. Gusiev O.V. Ensuring the safety and protection of goods in transport [uchbovy posibnyk study book]. K.: NTU, 2003. – 250 p.

  2. http://www.eurasiancommission.org/ru/act/finpol/dobd/intelsobs/Documents/%D0%9E%D1%82%D1%87%D0%B5%D1%82%20%D0%9F%D0%9F%D0%9F%20%D0%B7%D0%B0%202018%20%D0%B3%D0%BE%D0%B4.pdf

  3. Luke Fortney. Blockchain Explained . Investopedia. Reference date: 22 nov. 2019.

  4. Blockchain technology – [electronic resorces]. – https://blockgeeks.com/guides/what-is-blockchain-technology/.

  5. Blockchain technology – [electronic resources]. – Access mode: https://blockgeeks.com/guides/what-is-blockchain-technology/.

  6. Introduction to Smart Contracts https://docs.soliditylang.org/en/latest/introduction-to-smart-contracts.html

  7. Leverington A. Ethereum [Text] / A. Leverington. – Portland: Rick Publishing, 2016. – 63 c.

  8. Introduction to Blockchain, Ethereum and Smart Contracts — Chapter 1 – [electronic resources]. – Access mode: https://medium.com/coinmonks/https-medium-com-ritesh-modi-solidity-chapter1-63dfaff08a11/.

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https://doi.org/10.33744/0365-8171-2021-110-152-157

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ntu@arrcjournal.org

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