USING BLOCKCHAIN IN THE TEXTILE INDUSTRY: A CASE STUDY
Volume 16 Issue 2 2022
DownloadAuthor(s): | Maaz bin Ahmad, Sanjay Kumar, Syed Hassan Ali*, Neha, Palwasha |
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Abstract | The textile industry's overall retail style area is worth more than $1.3 trillion, and the business utilizes 60 to 75 million individuals. Multiple players effectively endeavor to expand attention to the difficulties in fulfilling the orders in time. Supply networks are a noticeable player in this industry because of their size. Technological advancements like blockchain can further develop production network straightforwardness, robotization, and simplicity of correspondence among providers and brands by making data more reliable and available. Purchasers and brands would have a superior comprehension of the cycles because of the more noteworthy straightforwardness and measure of data given by these advances, prompting measures pointed toward eliminating unscrupulous producers from the material business' inventory chains. This paper enlightens the Ethereum Blockchain implementation for the textile industry's supply chain process. Step-by-step implementation details are mentioned. Solidity is used to write the smart contract. The implementation shows that blockchain can overtake the existing process of the textile industry and provides more reliability, availability, and security in the overall process. |
Keywords | Blockchain, Data Transparency, Traceability, Security, Transactions, Ethereum, Smart Contracts. |
Year | 2022 |
Volume | 16 |
Issue | 2 |
Type | Research paper, manuscript, article |
Journal Name | Journal of Information & Communication Technology | Publisher Name | ILMA University | Jel Classification | - | DOI | - | ISSN no (E, Electronic) | 2075-7239 | ISSN no (P, Print) | 2415-0169 | Country | Pakistan | City | Karachi | Institution Type | University | Journal Type | Open Access | Manuscript Processing | Blind Peer Reviewed | Format | Paper Link | https://jict.ilmauniversity.edu.pk/journal/jict/16.2/3.pdf | Page | 48-56 |