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Towards a Distributed Ledger System for Supply Chains

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Title:Towards a Distributed Ledger System for Supply Chains
Authors:Asprion, Petra
Hübner, Philipp
Moriggl, Pascal
Keywords:Distributed Ledger Technology, The Blockchain
Internet and the Digital Economy
Blockchain, Colored Petri-nets, Distributed Ledger, Smart Contracts, Supply Chains
Date Issued:08 Jan 2019
Abstract:Interoperability and traceability of digital supply chains are becoming a major competitive factor. Businesses operating in supply chains need to share interoperable information and systematically track product and service deliveries. This research investigates a novel approach to model digital supply chains and operationalizes this through a "Distributed Ledger System" in combination with "Smart Contracts". Based on design science, relevance and rigor for a novel approach are derived. As resulting ‘artifacts’, exemplary supply chains using colored Petri-nets are modeled as a structured and automatable instance for the sketched ‘Token-flow Supply Chains’. For the operation of our visionary scenario, a baseline concept with an associated architecture is drafted. We argue that the outlined approach and related artifacts are predestined to achieve a new quality of performance and innovation including bridging the current challenges for digital supply chains.
Pages/Duration:10 pages
Rights:Attribution-NonCommercial-NoDerivatives 4.0 International
Appears in Collections: Distributed Ledger Technology, The Blockchain

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