Reputation-Based Trustworthy Supply Chain Management Using Smart Contract

Supply Chain Management (SCM) has been deemed a promising method to obtain higher-level profits, while traditional SCM methods are limited by its deficiency of trust system. Blockchain is an emerging technology to achieve decentralized trusted transactions with high level automation and security, which is adoptable to address the limitation of the trust deficiency. In this paper, a blockchain-enabled reputation-based trustworthy SCM model is proposed in order to achieve trusted SCM. Besides, we propose a smart contract-based reputation rating model for achieving incentive SCM, which uses tokens to assess reputation and realize reputation reward and punishment.

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