Efficient traceability systems with smart contracts: balancing on-chain and off-chain data storage for enhanced scalability and privacy

HIGHLIGHTS

  • What: By focusing on the core properties of blockchain technology (i.e., immutability, transparency, and decentralised verification), this approach provides a foundational model that can be customised to meet the needs of diverse applications. This approach provides efficiency in tracing and supports both backwards and forward tracing. The model discussed above was deployed to implement a traceability system for the timber sector in the autonomous region of Galicia, Spain, to provide an immutable and transparent record of all transactions in the timber supply chain, from its origin in the forest to its eventual conversion if final consumer . . .

     

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