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SandalwoodNet: A Blockchain-Based Supplychain for Trusted Auction Biding and Fairtrade of Sandalwood

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Blockchain technology has proven to be efficient in various aspects of agriculture supplychain management. However, a blockchain framework cannot be a one-size-fits-all solution, and supplychain scenarios need targeted solutions. Specifically, the supplychain of agroforestry products (like sandalwood) requires a specialized governance model to maintain transparency and fairness. This paper proposes a framework, SandalwoodNet, for the supplychain of sandalwood in the Indian context. Within the framework, the emphasis is on the interaction of stakeholders and anonymous auctions. Subsequently, the implementation of four smart contracts on the Ethereum platform has been carried out, and analysis has been done in terms of cost, performance, and security. The proposed framework proves to be cost-efficient with low latency and high throughput.

Original languageEnglish
Title of host publicationInformation Systems for Intelligent Systems - Proceedings of ISBM 2024
EditorsChakchai So In, Narendra S. Londhe, Nityesh Bhatt, Meelis Kitsing
PublisherSpringer Science and Business Media Deutschland GmbH
Pages1-12
Number of pages12
ISBN (Print)9789819612093
DOIs
Publication statusPublished - 2025
Event3rd World Conference on Information Systems for Business Management, ISBM 2024 - Bangkok, Thailand
Duration: 12-09-202413-09-2024

Publication series

NameSmart Innovation, Systems and Technologies
Volume431
ISSN (Print)2190-3018
ISSN (Electronic)2190-3026

Conference

Conference3rd World Conference on Information Systems for Business Management, ISBM 2024
Country/TerritoryThailand
CityBangkok
Period12-09-2413-09-24

All Science Journal Classification (ASJC) codes

  • General Decision Sciences
  • General Computer Science

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