Blockchain-oriented dynamic modelling of smart contract design and execution in the supply chain
IMT Atlantique · Berlin School of Economics and Law · +2 more institutions
Abstract
Recently, the applications of Blockchain technology have begun to revolutionise different aspects of supply chain (SC) management. Among others, Blockchain is a platform to execute the smart contracts in the SC as transactions. We develop and test a new model for smart contract design in the SC with multiple logistics service providers and show that this problem can be presented as a multi-processor flexible flow shop scheduling. A distinctive feature of our approach is that the execution of physical operations is modelled inside the start and completion of cyber information services. We name this modelling concept ‘virtual operation’. The constructed model and the developed experimental environment constitute…
Citation impact
- FWCI
- 100.49
- Percentile
- 100%
- References
- 50
Authors
6Topics & keywords
- Blockchain
- Smart contract
- Supply chain
- Computer science
- Chain (unit)
- Software engineering
- Systems engineering
- Database