The impact of Block chain-Based System on Goods Tracking and management in Industrial Environment

Abstract

In the domain of Industrial Internet of Things (IIoT), the demand for robust and secure methods for goods tracking and management has become growingly critical. Conventional methods face significant challenges, including authentication, computational overhead, cyber security, and data integrity. To address these issues, this paper proposes a block-chain based system for goods management and tracking with enhanced authentication mechanism by leveraging the decentralized nature of block-chain technology and integrating Elliptic Curve Digital Signature Algorithm (ECDSA) with Elliptic Curve Cryptography-Zero Knowledge Proof (ECC-ZKP). The proposed solution aims to ensure the authenticity and the integrity for all the transaction while providing high level privacy-preserving verification without revealing information. The research in this paper demonstrates that the proposed block-chain-based system significantly enhances security performance, key management and operational efficiency, addressing the existing challenges in IIoT goods tracking and management, providing a resilient framework for more secure industrial operations in managing goods.