Blockchain Technology in Optimizing Logistics Information‎ ‎Security in Business Process Technology Transfer Management

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Karimi Seyed Saman; Sohrabi Tahmoures; Bayat Tork Amir

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Journal Paper

Paper Information

Journal: CONTROL AND OPTIMIZATION IN APPLIED MATHEMATICS Year:2023 | Volume:8 | Issue:2 Page(s): 63-84

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Information Journal Paper

Title

Blockchain Technology in Optimizing Logistics Information‎ ‎Security in Business Process Technology Transfer Management

Author(s)

Karimi Seyed Saman | Sohrabi Tahmoures | Bayat Tork Amir | Issue Writer Certificate

Keywords

Optimization‎

‎Business process management‎

‎Internet of things (IoT)‎

‎Blockchain‎

‎‎Smart contract

Cryptocurrency

Abstract

This paper discusses the challenges facing the logistics industry in the global business environment, including issues related to tracking transactions, preserving transaction privacy, and ensuring the security of logistics information. We propose a method for addressing these challenges using a blockchain-based system that employs a smart contract to control the behaviors of all participants in the logistics and trade process. ‎‎In the experiment‎, ‎we‎ ‎use the Solidity programming language to develop a smart contract on‎ ‎Ethereum and tested it for common logistics and transaction uses‎. ‎The‎ ‎results of related programming and coding in Remix IDE show that the‎ ‎proposed algorithm is highly implementable‎. ‎To test the smart contract‎ ‎code and validation‎, ‎we test four main functionalities‎, ‎which include‎ ‎successful collateral deposit after the customer requests a document‎, ‎unique token generation‎, ‎successful payment settlement‎, ‎and a refund‎ ‎based on dispute handling by the arbitrator‎. ‎Oyente vulnerability‎ ‎analysis also shows that the code does not suffer security bugs‎. ‎Therefore‎, ‎the proposed method ‎‎can‎ ‎effectively decrease the risk of the logistics and trade process.

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