Smart Supply Chain Management Using the Blockchain and Smart Contract
Table 1
Comparison table between this paper and other papers.
Points of this paper
Points of other papers
(1) Third-party interventions are removed as a result of the deployment of the SCM system described in this article, and strong relationships between peers are formed.
(1) Third-party interventions are frequent in SCM management systems since not every paper proposes their own coin as a currency [4].
(2) The transaction procedure is transparent and highly secure.
(2) The transaction system is broken. Both the vendor and the buyer’s trust are affected [5].
(3) This paper contains the strongest immutable ledger technology to prevent cyberattacks, which results in a safe website.
(3) Absence of an immutable ledger on this other paper. If there is any, then it is not secure enough. As a result, the website was hacked [7].
(4) Makes proper use of a smart contract. As a result, the system is more dependable.
(4) There is no proper use of smart contracts. As a result, there’s a risk that critical information will be tampered with [11].
(5) This paper’s structured SCM is transparent, and refunds are easy to get if a product is defective.
(5) They provide a very difficult refund procedure. Because of this, many unwanted situations are faced by customers [14].