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Foundations of Blockchain

You're reading from   Foundations of Blockchain The pathway to cryptocurrencies and decentralized blockchain applications

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Product type Paperback
Published in Jan 2019
Publisher Packt
ISBN-13 9781789139396
Length 372 pages
Edition 1st Edition
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Concepts
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Author (1):
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Koshik Raj Koshik Raj
Author Profile Icon Koshik Raj
Koshik Raj
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Table of Contents (14) Chapters Close

Preface 1. Introduction 2. A Bit of Cryptography FREE CHAPTER 3. Cryptography in Blockchain 4. Networking in Blockchain 5. Cryptocurrency 6. Diving into Blockchain - Proof of Existence 7. Diving into Blockchain - Proof of Ownership 8. Blockchain Projects 9. Blockchain Optimizations and Enhancements 10. Blockchain Security 11. When Shouldn't We Use Blockchain? 12. Blockchain Use Cases 13. Other Books You May Enjoy

Tracking provenance in the supply chain

A supply chain is a system of entities that are involved in the process of creating a product and distributing it to consumers. This supply chain often involves suppliers, manufacturers, wholesalers, retailers, and consumers, where the product moves in the direction shown in Figure 12.1. The actors involved in the supply chain are often spread across several locations, which can make it challenging to keep track of the goods in the supply chain:

Figure 12.1: Process flow diagram of a typical supply chain

Every finished product moves along the supply chain due to the involvement of multiple entities during its production and distribution. But due to the complex nature of a supply chain, it's hard to keep track of provenance. Most existing provenance tracking is performed with the help of trusted third parties because none of the entities...

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