Blockchain-based royalty contract transactions scheme for Industry 4.0 supply-chain management

作者：

Highlights：

• We propose a novel blockchain-based scheme, which securely executes the royalty transactions among various stakeholders in (OaG) industries.

• A new consensus mechanism Proof of Property (PoP) is designed for secure transaction between (OaG) company and landowners.

• We then analysed and compared the performance of the proposed scheme of royalty contract transactions with the existing state-of-the art proposals.

• The performance of the proposed scheme is validated using various security parameters in comparison to the existing methods.

摘要

•We propose a novel blockchain-based scheme, which securely executes the royalty transactions among various stakeholders in (OaG) industries.•A new consensus mechanism Proof of Property (PoP) is designed for secure transaction between (OaG) company and landowners.•We then analysed and compared the performance of the proposed scheme of royalty contract transactions with the existing state-of-the art proposals.•The performance of the proposed scheme is validated using various security parameters in comparison to the existing methods.

论文关键词：Blockchain,Smart contract,Oil and gas industry,Supply chain management,Royalty

论文评审过程：Received 16 May 2020, Revised 9 February 2021, Accepted 7 March 2021, Available online 31 March 2021, Version of Record 31 March 2021.

论文官网地址：https://doi.org/10.1016/j.ipm.2021.102586