Security of Blockchain-Based Supply Chain Management Systems: Challenges and Opportunities

<div><p>Blockchain is a revolutionary technology that is being used in many applications, including supply chain management. Although, the primary motive of using a blockchain for supply chain management is to reduce the overall production cost while providing the comprehensive security...

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Main Author: Sana Al-Farsi (17051736) (author)
Other Authors: Muhammad Mazhar Rathore (17051745) (author), Spiros Bakiras (17051748) (author)
Published: 2021
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author Sana Al-Farsi (17051736)
author2 Muhammad Mazhar Rathore (17051745)
Spiros Bakiras (17051748)
author2_role author
author
author_facet Sana Al-Farsi (17051736)
Muhammad Mazhar Rathore (17051745)
Spiros Bakiras (17051748)
author_role author
dc.creator.none.fl_str_mv Sana Al-Farsi (17051736)
Muhammad Mazhar Rathore (17051745)
Spiros Bakiras (17051748)
dc.date.none.fl_str_mv 2021-06-17T03:00:00Z
dc.identifier.none.fl_str_mv 10.3390/app11125585
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/Security_of_Blockchain-Based_Supply_Chain_Management_Systems_Challenges_and_Opportunities/26965102
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Commerce, management, tourism and services
Transportation, logistics and supply chains
Information and computing sciences
Cybersecurity and privacy
blockchain
supply chain
information security
privacy
transparency
dc.title.none.fl_str_mv Security of Blockchain-Based Supply Chain Management Systems: Challenges and Opportunities
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <div><p>Blockchain is a revolutionary technology that is being used in many applications, including supply chain management. Although, the primary motive of using a blockchain for supply chain management is to reduce the overall production cost while providing the comprehensive security to the system. However, current blockchain-based supply-chain management (BC-SCM) systems still hold the possibility of cyber attacks. Therefore, the goal of this study is to investigate practical threats and vulnerabilities in the design of BC-SCM systems. As a starting point, we first establish key requirements for the reliability and security of supply chain management systems, i.e., transparency, privacy and traceability, and then discern a threat model that includes two distinctive but practical threats including computational (i.e., the ones that threaten the functionality of the application) and communication (i.e., the ones that threaten information exchange among interconnected services of the application). For investigation, we follow a unique approach based on the hypothesis that reliability is pre-requisite of security and identify the threats considering (i) design of smart contracts and associated supply chain management applications, (ii) underlying blockchain execution environment and (iii) trust between all interconnected supply management services. Moreover, we consider both academic and industry solutions to identify the threats. We identify several challenges that hinder to establish reliability and security of the BC-SCM systems. Importantly, we also highlight research gaps that can help to establish desired security of the BC-SCM. To the best of our knowledge, this paper is the first effort that identifies practical threats to blockchain-based supply chain management systems and provides their counter measures. Finally, this work establishes foundation for future investigation towards practical security of BC-SCM system.</p><p> </p></div><h2>Other Information</h2> <p> Published in: Applied Sciences<br> License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3390/app11125585" target="_blank">https://dx.doi.org/10.3390/app11125585</a></p>
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identifier_str_mv 10.3390/app11125585
network_acronym_str Manara2
network_name_str Manara2
oai_identifier_str oai:figshare.com:article/26965102
publishDate 2021
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spelling Security of Blockchain-Based Supply Chain Management Systems: Challenges and OpportunitiesSana Al-Farsi (17051736)Muhammad Mazhar Rathore (17051745)Spiros Bakiras (17051748)Commerce, management, tourism and servicesTransportation, logistics and supply chainsInformation and computing sciencesCybersecurity and privacyblockchainsupply chaininformation securityprivacytransparency<div><p>Blockchain is a revolutionary technology that is being used in many applications, including supply chain management. Although, the primary motive of using a blockchain for supply chain management is to reduce the overall production cost while providing the comprehensive security to the system. However, current blockchain-based supply-chain management (BC-SCM) systems still hold the possibility of cyber attacks. Therefore, the goal of this study is to investigate practical threats and vulnerabilities in the design of BC-SCM systems. As a starting point, we first establish key requirements for the reliability and security of supply chain management systems, i.e., transparency, privacy and traceability, and then discern a threat model that includes two distinctive but practical threats including computational (i.e., the ones that threaten the functionality of the application) and communication (i.e., the ones that threaten information exchange among interconnected services of the application). For investigation, we follow a unique approach based on the hypothesis that reliability is pre-requisite of security and identify the threats considering (i) design of smart contracts and associated supply chain management applications, (ii) underlying blockchain execution environment and (iii) trust between all interconnected supply management services. Moreover, we consider both academic and industry solutions to identify the threats. We identify several challenges that hinder to establish reliability and security of the BC-SCM systems. Importantly, we also highlight research gaps that can help to establish desired security of the BC-SCM. To the best of our knowledge, this paper is the first effort that identifies practical threats to blockchain-based supply chain management systems and provides their counter measures. Finally, this work establishes foundation for future investigation towards practical security of BC-SCM system.</p><p> </p></div><h2>Other Information</h2> <p> Published in: Applied Sciences<br> License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3390/app11125585" target="_blank">https://dx.doi.org/10.3390/app11125585</a></p>2021-06-17T03:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.3390/app11125585https://figshare.com/articles/journal_contribution/Security_of_Blockchain-Based_Supply_Chain_Management_Systems_Challenges_and_Opportunities/26965102CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/269651022021-06-17T03:00:00Z
spellingShingle Security of Blockchain-Based Supply Chain Management Systems: Challenges and Opportunities
Sana Al-Farsi (17051736)
Commerce, management, tourism and services
Transportation, logistics and supply chains
Information and computing sciences
Cybersecurity and privacy
blockchain
supply chain
information security
privacy
transparency
status_str publishedVersion
title Security of Blockchain-Based Supply Chain Management Systems: Challenges and Opportunities
title_full Security of Blockchain-Based Supply Chain Management Systems: Challenges and Opportunities
title_fullStr Security of Blockchain-Based Supply Chain Management Systems: Challenges and Opportunities
title_full_unstemmed Security of Blockchain-Based Supply Chain Management Systems: Challenges and Opportunities
title_short Security of Blockchain-Based Supply Chain Management Systems: Challenges and Opportunities
title_sort Security of Blockchain-Based Supply Chain Management Systems: Challenges and Opportunities
topic Commerce, management, tourism and services
Transportation, logistics and supply chains
Information and computing sciences
Cybersecurity and privacy
blockchain
supply chain
information security
privacy
transparency