A Private Blockchain Framework to Enhance Supply Chain Process in Construction

EasyChair Preprint 15537

Abstract

In recent years, the invention of web3 technology has spread the awareness of blockchain technology, especially in the financial sector for online transactions. However, other sectors are adopting this technology due to the invention of Ethereum programmable tools on blockchain nodes for creating digital smart contracts. In the case of construction and structural engineering projects, modern-day structures come with many management requirements for the supply chain process. Current studies show that most construction companies lack efficient and recent blockchain technology mechanisms to enhance the supply chain processes. As a result, trust and transparency have become great challenges in the supply chain of construction companies. This is due to a lack of proper management and corrupt acts of the construction stockholders. Additionally, the traditional blockchain construction supply chain management network poses a series of challenges due to a lack of control on transaction exchange among entities, and essential data personal to an organization are visible to other organizations or users outside the supply chain. Such a system is not feasible for enterprise usage. Hence, this study proposes a private blockchain framework to enhance the supply chain process in constructions.

Keyphrases: Blockchain, Ethereum, Hyperledger Fabric, construction, material

@booklet{EasyChair:15537,
  author    = {Mustapha Hakeem and Oluwaseun Ojerinde and John Alhassan and Kabiru Abdullahi},
  title     = {A Private Blockchain Framework to Enhance Supply Chain Process in Construction},
  howpublished = {EasyChair Preprint 15537},
  year      = {EasyChair, 2024}}