Enabling Data Democracy in Supply Chain Using Blockchain and IoT

Data Analytics in today’s Demand Driven Supply chain Management (SCM) involving trusted as well as untrusted fulfilment partners will see exponential improvements with large volumes of reliable, trusted data generated automatically through IoT and stored in immutable format in the Blockchain. This paper examines the challenges which Supply Chain Partners in a Highly Digitized ecosystem have in getting access to good quality reliable data. It examines Use Cases and benefits of current IoT and Blockchain integrated frameworks for SCM. It also explores limitations of the traditional IoT and Blockchain integration patterns and presents an architectural framework for a permissioned Blockchain that can be used to overcome these limitations.