Privacy Preserving Authentication of IoT and Blockchain-Enabled Supply Chain Management

Abstract

Securing the legitimacy of credentials and protecting the privacy of sensitive information have become crucial in the constantly changing world of supply chain management. Despite the fact that IoT-based supply chain management excels at providing real-time data and prompt responses, it may have trouble maintaining data security, integrity, and trust. The core components of our proposed framework include IoT sensors, smart contracts, and the Hyperledger blockchain. Through this integration, we establish a robust and transparent system for verifying the authenticity of the products. One of the most promising technological advancements is the convergence of Hyperledger blockchain and the Internet of Things (IoT), a synergy that promises to revolutionize the way supply chains are managed and secured. This innovative approach not only enhances trust among supply chain participants but also contributes to the overall efficiency, transparency, and security of global supply chains. This article presents a comprehensive evaluation of our framework's performance, including scalability, security, and usability aspects.