Efficient tracking operation for supply chain management based on blockchain technology

Lim, Wei Ching (2025) Efficient tracking operation for supply chain management based on blockchain technology. Final Year Project, UTAR.

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Abstract

The global supply chain for high-value goods is persistently challenged by issues of opacity, inefficiency, and susceptibility to counterfeiting, which significantly erode consumer trust and brand value. Traditional Supply Chain Management (SCM) systems often lack the requisite transparency and traceability to effectively combat these problems. This project is the development of a blockchain-based system for efficient tracking operations in luxury watch supply chain management. The luxury watches industry faces significant challenges from counterfeiting and a lack of transparency in traditional supply chains which lead to substantial financial losses and erosion of consumer trust. This project proposes a solution leveraging blockchain technology to create an immutable, transparent, and secure digital ledger for tracking luxury watches throughout their lifecycle. The system implements smart contracts on the Ethereum platform to manage raw material registration, raw material tracking, component registration, component tracking, certification, NFT watch, and ownership transfers, with a role-based access control mechanism to ensure appropriate permissions for different stakeholders. The proposed system architecture consists of interconnected smart contracts and a React-based frontend interface, designed to provide comprehensive tracking capabilities while addressing implementation challenges related to the physical-digital link, privacy, and scalability. Through the integration of artificial intelligence, the system can make watch price predictions and provide consulting services. Preliminary work demonstrates the feasibility of the approach through the implementation of core smart contracts and basic frontend functionality. This project contributes to the field by presenting an integrated approach to luxury watch tracking to implement granular access control, enable component-level traceability, and provide a practical blueprint for blockchain applications in luxury goods authentication.

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