Smart Contract-Based Product Traceability System in the Supply Chain Scenario

Abstract

With the improvement of living standard, people begin to pay more attention to food safety and product quality. Therefore, for consumers, it is necessary to establish a reliable system that can trace the source of products. However, most existing traceability systems tend to lack transparency, data is primarily stored within the enterprise, and the cost of tampering with data is very low. Besides, the supply chain nodes are easy to evade responsibility when product safety or quality issues arise under the traditional centralized management model, and it is difficult to trace the root of issues. The development of blockchain technology provides us with new ideas for realizing the traceability of products in supply chain scenarios. Due to its characteristics of decentralization, transparency, and immutability, blockchain can be effectively used to alleviate the above problems. In this paper, we propose a product traceability system based on blockchain technology, in which all product transferring histories are perpetually recorded in a distributed ledger by using smart contracts and a chain is formed that can trace back to the source of the products. In particular, we design an event response mechanism to verify the identities of both parties of the transaction, so that the validity of the transaction can be guaranteed. And all events are permanently stored in the form of logs as a basis for handling disputes and tracking responsible entities. Furthermore, a system prototype is constructed based on the testing framework of Truffle. The contract code is deployed on a test network TestRpc that runs in local memory, and a decentralized web page interface is implemented based on the prototype. Finally, the system security analysis and experimental results show that our solution is feasible.