Inventory system for retail using blockchain technology

Yong, Wei Bang (2025) Inventory system for retail using blockchain technology. Final Year Project, UTAR.

Preview

PDF Download (4Mb) | Preview

Abstract

This project is to create an inventory system that would be reliable, secure and operate in a private blockchain setting. Not all conventional methods for inventory management face issues, but they nevertheless have shortcomings that include unclear data presentation, confusing users and inefficient processes, applicable to some methods for inventory control. This work presented blockchain solution as a technological implement to solve the challenges outlined. The project involves a web application development strategy. The system is developed with a mindset that embraces security, scalability, interoperability, performance and user friendliness. Key functionalities include Product Registration, Inventory Tracking and Data Visualization. The system interacts with the chosen blockchain network through smart contracts and stores the data on the blockchain. The project successfully showed the creation of a fully working blockchain-based inventory management system prototype. The system endorses improved security via unalterable data storage and safeguarded transactions on the blockchain. High transparency level makes it possible to monitor the entire supply chain in real time. Moreover, the system achieves efficiency by automating tasks and making inventory management processes easier. The research suggests that in future inventory management procedures, blockchain technology can be a key element of revolution. The developed platform supplies many advantages to businesses like higher trust, operational efficiency and low costs. Along with the investigation of the possibility of implementing advanced functionalities such as disruptive analyzes, decentralized marketplaces. Area of Study (Minimum 1 and Maximum 2): Blockchain Keywords (Minimum 5 and Maximum 10): Blockchain Technology, Inventory Management System, Smart Contracts, Decentralized Application (DApp), Automated Reordering, Web3 Application

Actions (login required)