A Distributed Agent-Oriented Framework for Blockchain-Enabled Supply Chain Management

Abstract

Blockchain has emerged as a leading technological innovation because of its indisputable safety and services in a distributed setup. Applications of blockchain are rising covering varied fields such as financial transactions, supply chains, maintenance of land records, etc. Supply chain management is a potential area that can immensely benefit from blockchain technology (BCT) along with smart contracts, making supply chain operations more reliable, safer, and trustworthy for all its stakeholders. However, there are numerous challenges such as scalability, coordination, and safety-related issues which are yet to be resolved. Multi-agent systems (MAS) offer a completely new dimension for scalability, cooperation, and coordination in distributed culture. MAS consists of a collection of automated agents who can perform a specific task intelligently in a distributed environment. In this work, an attempt has been made to develop a framework for implementing a multi-agent system for a large-scale product manufacturing supply chain with blockchain technology wherein the agents communicate with each other to monitor and organize supply chain operations. This framework eliminates many of the weaknesses of supply chain management systems. The overall goal is to enhance the performance of SCM in terms of transparency, traceability, trustworthiness, and resilience by using MAS and BCT.