Blockchain-as-a-Service and Blockchain-as-a-Partner: Implementation options for supply chain optimization
Smart contracts show a high potential to make supply chain management strategies epochally leap towards higher levels of productivity, not only in the functioning of production processes but also in terms of product innovation and overall economic returns. This article illustrates the principle of I...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
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Elsevier
2023-06-01
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| Series: | Blockchain: Research and Applications |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2096720922000604 |
| _version_ | 1827916541457334272 |
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| author | Paolo Bottoni Claudio Di Ciccio Remo Pareschi Domenico Tortola Nicola Gessa Gilda Massa |
| author_facet | Paolo Bottoni Claudio Di Ciccio Remo Pareschi Domenico Tortola Nicola Gessa Gilda Massa |
| author_sort | Paolo Bottoni |
| collection | DOAJ |
| description | Smart contracts show a high potential to make supply chain management strategies epochally leap towards higher levels of productivity, not only in the functioning of production processes but also in terms of product innovation and overall economic returns. This article illustrates the principle of Income Sharing as a highly performing economic strategy for supply chains with a natural implementation in blockchain smart contracts. It proposes a blockchain-based architecture that uses smart contracts to implement various algorithmic versions of the Income Sharing principle among companies participating in a supply chain. The formation of the total income and its consequent redistribution are calculated taking into account the role of the technological platform automating these procedures, which therefore becomes a party to the inter-company business project of a supply chain in the alternative roles, as feasible in business practice, of Blockchain-as-a-Service and Blockchain-as-a-Partner. The approach is implemented on Hyperledger Fabric, the most widespread platform for private and consortium blockchains. We compare and justify this design choice with the alternative given by public blockchains, with specific attention to Ethereum. |
| first_indexed | 2024-03-13T03:15:37Z |
| format | Article |
| id | doaj.art-fb3d0cc201a9485e8f84fbec57382776 |
| institution | Directory Open Access Journal |
| issn | 2666-9536 |
| language | English |
| last_indexed | 2024-03-13T03:15:37Z |
| publishDate | 2023-06-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Blockchain: Research and Applications |
| spelling | doaj.art-fb3d0cc201a9485e8f84fbec573827762023-06-26T04:13:58ZengElsevierBlockchain: Research and Applications2666-95362023-06-0142100119Blockchain-as-a-Service and Blockchain-as-a-Partner: Implementation options for supply chain optimizationPaolo Bottoni0Claudio Di Ciccio1Remo Pareschi2Domenico Tortola3Nicola Gessa4Gilda Massa5Department of Computer Science, Sapienza University of Rome, Viale Regina Elena, 295, Rome, 00161, RM, ItalyDepartment of Computer Science, Sapienza University of Rome, Viale Regina Elena, 295, Rome, 00161, RM, ItalyStake Lab, University of Molise, C.da Fonte Lappone, Pesche, 86090, IS, Italy; Corresponding author.Department of Bioscience and Territory, University of Molise, C.da Fonte Lappone, Pesche, 86090, IS, ItalyTERIN-SEN-CROSS, ENEA - Agenzia nazionale per le nuove tecnologie, l'energia e lo sviluppo economico sostenibile, Via Martiri di Monte Sole 4, Bologna, 40129, BO, ItalyTERIN-SEN-CROSS, ENEA - Agenzia nazionale per le nuove tecnologie, l'energia e lo sviluppo economico sostenibile, Piazzale Enrico Fermi 1, Portici, 80055, NA, ItalySmart contracts show a high potential to make supply chain management strategies epochally leap towards higher levels of productivity, not only in the functioning of production processes but also in terms of product innovation and overall economic returns. This article illustrates the principle of Income Sharing as a highly performing economic strategy for supply chains with a natural implementation in blockchain smart contracts. It proposes a blockchain-based architecture that uses smart contracts to implement various algorithmic versions of the Income Sharing principle among companies participating in a supply chain. The formation of the total income and its consequent redistribution are calculated taking into account the role of the technological platform automating these procedures, which therefore becomes a party to the inter-company business project of a supply chain in the alternative roles, as feasible in business practice, of Blockchain-as-a-Service and Blockchain-as-a-Partner. The approach is implemented on Hyperledger Fabric, the most widespread platform for private and consortium blockchains. We compare and justify this design choice with the alternative given by public blockchains, with specific attention to Ethereum.http://www.sciencedirect.com/science/article/pii/S2096720922000604Supply chain managementDecentralized autonomous organizationIncome sharingSmart contractDistributed ledgerHyperledger fabric |
| spellingShingle | Paolo Bottoni Claudio Di Ciccio Remo Pareschi Domenico Tortola Nicola Gessa Gilda Massa Blockchain-as-a-Service and Blockchain-as-a-Partner: Implementation options for supply chain optimization Blockchain: Research and Applications Supply chain management Decentralized autonomous organization Income sharing Smart contract Distributed ledger Hyperledger fabric |
| title | Blockchain-as-a-Service and Blockchain-as-a-Partner: Implementation options for supply chain optimization |
| title_full | Blockchain-as-a-Service and Blockchain-as-a-Partner: Implementation options for supply chain optimization |
| title_fullStr | Blockchain-as-a-Service and Blockchain-as-a-Partner: Implementation options for supply chain optimization |
| title_full_unstemmed | Blockchain-as-a-Service and Blockchain-as-a-Partner: Implementation options for supply chain optimization |
| title_short | Blockchain-as-a-Service and Blockchain-as-a-Partner: Implementation options for supply chain optimization |
| title_sort | blockchain as a service and blockchain as a partner implementation options for supply chain optimization |
| topic | Supply chain management Decentralized autonomous organization Income sharing Smart contract Distributed ledger Hyperledger fabric |
| url | http://www.sciencedirect.com/science/article/pii/S2096720922000604 |
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