Intergated Blockchain Platform for Supply Chain Information and Financial Transactions (2025)
Galala Poojitha UG Student
Department of CSE (213J1A0549) Raghu Institute of Technology Visakhapatnam
Donkada Karthikeya UG Student
Department of CSE (213J10541) Raghu Institute of Technology Visakhapatnam
Mr. K. Pavan Kumar Designation: Associate Professor Department of CSE
Raghu Engineering College Visakhapatnam
Mail-ID: pavankumar.raghuenggcollege.in
Dumpa Uttej Reddy UG Student
Department of CSE(213J1A0542) Raghu Institute of Technology Visakhapatnam
Gantala Harini UG Student
Department of CSE (213J1A0554) Raghu Institute of Technology Visakhapatnam
Abstract—The supply chain industry encounters numerous challenges in information sharing and financing, including data silos, a lack of transparency, and heightened fraud risks. This paper proposes a blockchain-based supply chain information operation method to address these issues effectively. By leveraging blockchain technology, the paper aims to enable seamless sharing of supply chain information and secure financial transactions. The approach involves developing a blockchain-based supply chain architecture and a hierarchical model of information flow. A method for recording information blocks sourced from internal and external data within the supply chain is proposed, incorporating advanced cryptographic algorithms and consensus mechanisms to ensure data integrity and security. The platform utilizes smart contracts to automate key processes and enforce compliance, minimizing manual intervention and reducing errors. This integrated blockchain platform enhances the connectivity and reconstruction capabilities of supply chain networks, ensuring robust information storage and access control. It also includes innovative supply chain financing solutions, such as secure financial transactions for invoice factoring and letters of credit, facilitated by blockchain technology. This integration fosters trust, reduces fraud risks, and streamlines monetary flows across the supply chain. The project promises a comprehensive business architecture that addresses information sharing and financial transaction challenges in supply chains. It seeks to achieve improved transparency, enhanced security, and operational efficiency for modern supply chain networks.
Index Terms—Blockchain, Supply chain, Transparency, Smart Contracts, Financing
