Construction of rice supply chain supervision model driven by blockchain smart contract.

ABSTRACT

The outbreak of the COVID-19 and the Russia Ukraine war has had a great impact on the rice supply chain. Compared with other grain supply chains, rice supply chain has more complex structure and data. Using digital means to realize the dynamic supervision of rice supply chain is helpful to ensure the quality and safety of rice. This study aimed to build a dynamic supervision model suited to the circulation characteristics of the rice supply chain and implement contractualization, analysis, and verification. First, based on an analysis of key information in the supervision of the rice supply chain, we built a dynamic supervision model framework based on blockchain and smart contracts. Second, under the logical framework of a regulatory model, we custom designed three types of smart contracts initialization smart contract, model-verification smart contract, and credit-evaluation smart contract. To implement the model, we combined an asymmetric encryption algorithm, virtual regret minimization algorithm, and multisource heterogeneous fusion algorithm. We then analyzed the feasibility of the algorithm and the model operation process. Finally, based on the dynamic supervision model and smart contract, a prototype system is designed for example verification. The results showed that the dynamic supervision model and prototype system could achieve the real-time management of the rice supply chain in terms of business information, hazard information, and personnel information. It could also achieve dynamic and credible supervision of the rice supply chain's entire life cycle at the information level. This new research is to apply information technology to the digital management of grain supply chain. It can strengthen the digital supervision of the agricultural product industry.