Abstract
This paper studies how the blockchain technology applies the enterprise’s vertical value chain management and specifically studies how the blockchain technology is applied to the management of various transaction information involved in the enterprise’s vertical value chain management. This paper first analyzes the basic needs of the enterprise vertical value chain management, analyzes the decentralization, integrity, and authenticity of relevant transaction information in management, and designs and implements enterprise value chain management solution based on the blockchain technology, including the design and implementation of organizations, consensus mechanisms, data structures, and business processes. The simulation data is used for testing, and finally, the solution is evaluated in terms of security, transparency, efficiency, and scalability. The research in this paper shows that the blockchain technology can be applied to the enterprise’s vertical value chain management, which can ensure the authenticity, transparency, tamper resistance, and security of various transaction information of enterprises, thus improving the quality and reliability of the vertical value chain management of enterprises.
Highlights
On November 1, 2008, Satoshi Nakamoto first proposed the concept of blockchain in Bitcoin: A Peer-to-Peer Electronic Cash System, which attracted wide attention from the general public
Design of Solutions to Enterprise Vertical Value Chain Management Based on the Blockchain Technology
Demand Analysis of Enterprise Vertical Value Chain Management Based on the Blockchain Technology
Summary
On November 1, 2008, Satoshi Nakamoto first proposed the concept of blockchain in Bitcoin: A Peer-to-Peer Electronic Cash System, which attracted wide attention from the general public. The concept of a value chain was first proposed by Michael Porter in his book Competitive Advantage in 1985 [2], who held that an enterprise is a collection of interrelated but separated activities, all of which constitute the value creation of an enterprise, and that formation and change of the value chain are caused by the market demand [3]. Porter classified the value chain into two categories: basic activities, which include the activities of internal logistics, production, marketing external logistics, and service, and ancillary activities, which include enterprise infrastructure, technology development, procurement, and human resources. These separate and interrelated activities constitute the dynamic process of corporate value creation, which is called the value chain [5]. Value chain analysis methods can be divided into three types: vertical value chain analysis, horizontal value chain analysis, and internal value chain analysis [6]
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