Sale Trails and Ownership Transfer Record Management Using Hyperledger Blockchain Technology
- DOI
- 10.2991/978-94-6463-718-2_83How to use a DOI?
- Keywords
- Blockchain; Transparency; Record management; Sale trails; Tracabilty
- Abstract
The global supply chain sector has seen a significant growth, still the tracking, verification of the ownership and tracing the history of resale of various products is very difficult. This issue is evident in industries such as electronics, land records, clothing etc. This research focuses on the application of Hyperledger and private blockchain system in enhancing the trust and transparency in sales and resales of various types of objects and assets (any item stored on blockchain) by assigning the unique HASH IDs to all the assets ensuring that each asset in easily traceable and blockchain network ensure the security for the overall system. The methodology involves setting up of Hyperledger blockchain, deploying the chain code (Smart Contract), and interacting with the blockchain through NODEJS APIs. The study also discusses about the methods to store Multimedia files and documents in the most efficient and safest ways possible. The study further discusses about challenges related to scalability, storage, and the handling of various types of assets. The research aims to inform policy makers and stakeholders about the various applications of Hyperledger blockchain in this sector to enhance security and transparency of data related to resale of various assets. The future research may explore the possibilities of managing the data related to resales of divisible and assembled assets and optimizing the techniques for blockchain storage and processing.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Ashutosh Srivastava AU - Manu Sharma AU - Pradeep Joshi PY - 2025 DA - 2025/05/23 TI - Sale Trails and Ownership Transfer Record Management Using Hyperledger Blockchain Technology BT - Proceedings of the International Conference on Sustainability Innovation in Computing and Engineering (ICSICE 2024) PB - Atlantis Press SP - 981 EP - 992 SN - 2352-538X UR - https://doi.org/10.2991/978-94-6463-718-2_83 DO - 10.2991/978-94-6463-718-2_83 ID - Srivastava2025 ER -