ABSTRACT

  • The integration of blockchain technology into supply chain management (SCM) presents transformative opportunities to enhance transparency, security, and efficiency across the entire supply chain.
  • Traditional SCM systems often struggle with issues such as data silos, fraud, and lack of real-time visibility.
  • By leveraging the decentralized, immutable, and transparent nature of blockchain, supply chains can achieve real-time traceability of products, reduce the risk of fraud, and eliminate the need for intermediaries.
  • This presentation explores the current limitations of traditional SCM systems and proposes a blockchain-based solution to address these challenges, highlighting the potential benefits and real-world applications in industries such as food safety, logistics, and ethical sourcing.

EXISTING SYSTEM

Centralized Databases:

  • Information is stored in central databases controlled by individual entities.
  • Limited visibility across the entire supply chain.

Multiple Intermediaries:

  • Numerous third parties involved in verifying and validating transactions.
  • Examples include suppliers, manufacturers, distributors, and retailers.

Siloed Systems:

  • Each stakeholder maintains its own records.
  • Lack of integration and communication between systems.

EXISTING SYSTEM DISADVANTAGES

Challenges Faced

  • Data Silos: Information compartmentalized across different systems and stakeholders.
  • High Operational Costs: Manual processes and intermediary fees increase expenses.
  • Fraud: Difficulty in verifying authenticity and preventing counterfeiting.
  • Slow Processes: Manual checks and paperwork cause delays in the supply chain.

PROPOSED SYSTEM

Integration of Blockchain

  1. Decentralized Ledger:
  • All transactions are recorded on a decentralized, immutable ledger.
  • No single point of control, ensuring data integrity and transparency.
  • 2. Shared Data Environment:
  • Every participant in the supply chain has access to the same data.
  • Eliminates data silos and provides a single source of truth.
  • Smart Contracts
  • Automated Contracts:
  • Self-executing contracts with the terms of the agreement directly written into code.
  • Automatically enforce and execute agreed-upon terms when conditions are met.
  • Efficiency and Trust:
  • Reduce the need for intermediaries.
  • Enhance trust and efficiency by automating contract execution.
  1. Enhanced Traceability
  • Real-Time Tracking:
  • Track the movement of goods in real-time from origin to destination.
  • Use IoT devices and blockchain to record and monitor each step of the supply chain.

4. Product Provenance:

  • Verify the origin and authenticity of products.
  • Prevent fraud and counterfeiting by providing a transparent record of the product’s journey.

PROJECT DEMO VIDEO

Software Requirements:

  • Front End – Anaconda IDE
  • Backend – SQL
  • Language – Python 3.8

Hardware Requirements

  • •Hard Disk: Greater than 500 GB
  • •RAM: Greater than 4 GB
  • •Processor: I3 and Above

 

Including Packages

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  • Base Paper
  • * Complete Source Code
  • * Complete Documentation
  • * Complete Presentation Slides
  • * Flow Diagram
  • * Database File
  • * Screenshots
  • * Execution Procedure
  • * Readme File
  • * Addons
  • * Video Tutorials
  • * Supporting Softwares

Specialization =======================

  • * 24/7 Support * Ticketing System
  • * Voice Conference
  • * Video On Demand 
  • * Remote Connectivity
  • * Code Customization
  • * Document Customization 
  • * Live Chat Support