Blockchain-Based IoT Devices in Supply Chain Management: A Systematic Literature Review

Muzammil Hussain,Mazhar Javed Awan,Waheed Javed,Haitham Nobanee,Owais Hakeem,Abdullah Yousafzai,Alisha Younas,Azlan Mohd Zain

doi:10.3390/su132413646

Abstract

Through recent progress, the forms of modern supply chains have evolved into complex networks. The supply chain management systems face a variety of challenges. These include lack of visibility of the upstream party (Provider) to the downstream party (Client); lack of flexibility in the face of sudden variations in demand and control of operating costs; lack of reliance on safety stakeholders; ineffective management of supply chain risks. Blockchain (BC) is used in the supply chain to overcome the growing demands for items. The Internet of Things (IoT) is a profoundly encouraging innovation that can help companies observe, track, and monitor products, activities, and processes within their respective value chain networks. Research establishments and logical gatherings are ceaselessly attempting to answer IoT gadgets in supply chain management. This paper presents orderly writing on and reviewing of Blockchain-based IoT advances and their current usage. We discuss the smart devices used in this system and which device is the most appropriate in the supply chain. This paper also looks at future examination themes in blockchain-based IoT, referred to as the executive’s framework production network. The essential deliberate writing audit has been consolidated by surveying research articles circulated in highly reputable publications between 2016 and 2021. Lastly, current issues and challenges are present to provide researchers with promising future directions in IoT supply chain management systems.

Highlights

A blockchain is a permanent record for recording transactions
Blockchain-based Internet of Things (IoT) devices in the supply chain are the focus of this paper, structured as follows: In Section 2, we address a foundation of blockchain-based IoT
Following the screening period’s selection, examination concentrates bleused the screening period’s selection, examination concentrates outline eachFollowing exploration question answer to make a fundamental commitment to used to outline each exploration question answer to make a fundamental commitment to the Blockchain-based IoT store network area

Summary

Introduction

A blockchain is a permanent record for recording transactions. It exists inside an appropriate system of unsecured nodes. Nodes can produce and read exchanges to use a consensus protocol to compose transactions in a block within the order. It has a list of blocks, each with an alternate size to store a rundown of trades. Hubs that participate in an agreement convention refer to gathering [1]. There are two classes of Blockchain: permissioned and public. Anybody can inspect the chain’s substance and check the validity of the data set aside [2]

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