Claims:We claim:
1) System for construction supply chain management by using blockchain technology is comprising of:
a. The web application for supply chain – used for managing supply chain of construction;
b. Any electronic computing device which has active internet connection – used for interacting with web application;
c. Supply Chain database – used for storing data related to supply chain of construction; and
d. Backend server – database and application are stored
Wherein, through an electronic device the said user can be accessed through which said user can enter information and records related to supply chain of construction and this data is saved in the database.
2) Method for construction supply chain management by using blockchain technology is comprising the steps of:
a. Starting the supply chain web application through an electronic device;
b. Adding the new supplier with all required documents submitting to the application;
c. At backend server, verification of document is done and new data block is created for new supplier;
d. Smart contract is created between supplier and construction company and shown on the screen as smart agreement;
e. Storing the data in the database in cryptographic form;
f. Selecting the supplier and adding the new entry of material supply from selected supplier;
g. Submitting said material data into the application;
h. At backend server, material data is stored as new record of said supplier and saved in the database in cryptographic form; and
i. Any user can see and keep track of supplier and its material supply to the construction company.
3) The method claimed in claim 2, wherein said user add new supplier into the system by submitting all required documents.
4) The method claimed in claim 2, wherein verification of supplier documents submitted by said user is done at backend server by blockchain technology.
5) The method claimed in claim 2, wherein smart contract is created between supplier and construction company.
6) The method claimed in claim 2, wherein said user add material supply entry after selecting particular supplier from the list of suppliers.
, Description:Field of the invention:
The present invention is related generally to the real estate sector, and more particularly to system for construction supply chain management by using blockchain technology.
Background of the invention:
Supply chain management is the flow of goods and services and which includes processes that converts raw material into final products. It has main role in streamlining of supply-side goods or services to maximize customer value and get an advantage in the marketplace.
In real estate, supply chain management is co-ordination of properties, people, processes, information, vendors and resources to deliver products or services to the end customer. It includes managing complete activities for buying, selling or renting land, buildings or housing.
To set and continue the smooth relationship with supplier is tough job in construction sector. To make payment and order for material on time is builds good relationship between supplier and construction company.
There are a system having supply chain management related inventions, which are patented, are listed below.
US patent application US9218585B2 by Manish G. Gupta, Michael J. Higgins, John Roche, Dennis G. Gipson, Brian Hostetler discloses Supply chain management system. A method of transporting commodities in a supply chain management system including a supply chain. The method includes providing a database and a network in communication with the database, which is accessible by at least one member of the supply chain via the network. The method also includes providing a container and supporting one or more commodities using the container, assigning at least one sensor to the commodities, sensing a condition of the commodities and generating a signal indicative of the commodity condition, identifying information related to the commodities, acquiring data related to identifying the commodity information, distributing the signal and the acquired data over the network, storing the signal and the acquired data in the database, monitoring the commodities via the network, and managing at least one of storage and transport of the commodities through the supply chain based on the signal and the acquired data.
PCT patent application WO2001009803A1 by Stuart A. Kauffman, James W. Herriot, Igor Yakushin, Makhanov Valdimar, Tony Plate, Dan Titelbaum discloses A method and system for supply chain management. The present invention relates generally to a method and system for supply chain management. More particularly, the present invention searches for supply chain parameter values and supply chain policies that are optimal with respect to a group of performance measures including inventory, time of inventory, the number of short shipments and cost.
US patent application US20020095322A1 by Kurt Zarefoss discloses System and method of monitoring supply chain parameters. The invention provides a system and method for supply chain management by monitoring queried factors, or business variables, by providing the ability to create customized business rules that monitor specific performance indicators. The invention also provides a system whereby electronic alert messages provide notifications if the customized business rules are changed or violated. The system further provides a central user interface that alerts subscribers in real-time to business rules violations and allows subscribers to resolve these violations. Finally, the invention provides a method for monitoring supply chain management variables that includes the steps of establishing a business rule, executing the business rule, generating exception notifications for violations of the business rule, and sending the exception notifications to authorized subscribers.
Though the prior art patent discloses Supply chain management system, A method and system for supply chain management and System and method of monitoring supply chain parameters, they do not give any perfect solution for construction supply chain management.
Blockchain is a distributed ledger, which relates to a ledger which is spread across the network with all peers in the network, and each peer holds a copy of the complete ledge but no one can change or modify any information. Blockchain is a way of keeping records and can be used in almost any product that uses some sort of record keeping or database management.
Object of the invention:
The primary object of the present invention is to provide system for construction supply chain management by using blockchain technology where user use an electronic device for maintaining supply chain for construction.
Another object of the present invention is to provide system for construction supply chain management where said user would have to add new supplier into the system by submitting all required documents.
Another object of the present invention is to provide system for construction supply chain management where verification of supplier documents submitted by said user is done at backend server by blockchain technology.
Another object of the present invention is to provide system for construction supply chain management where smart contract has been created between supplier and construction company and this contract has shown on the screen as smart agreement.
Another object of the present invention is to provide system for construction supply chain management where said user has to add material supply entry after selecting particular supplier from the list of suppliers.
Summary of the invention:
The present invention discloses system for construction supply chain management by using blockchain technology. The system for construction supply chain management is comprising of;
The web application for supply chain – used for managing supply chain of construction;
Any electronic computing device which has active internet connection – used for interacting with web application;
Supply Chain database – used for storing data related to supply chain of construction; and
Backend server – database and application are stored
According to the present invention, user would open the application where user use application for managing supply chain for construction through an electronic device. Said user would add new supplier by submitting all required documents to the application. At backend server, verification of submitted document would done and new data block would create for new supplier. Smart contract would create between supplier and construction company and shown to user on the application window as a smart agreement. Data would store in the database in cryptographic form. For adding new entry of material supply, said user would have to select the name of supplier from the list of suppliers. Said user would submit said material data into the application. At backend server, material data would be saved as new record of selected supplier and saved in the database in cryptographic form. Any user can see and keep track of supplier and its material supply to the construction company.
Brief description of the drawings:
Fig.1 illustrates system of this invention.
Fig. 2 illustrates flowchart of method for this invention.
Detailed description of the invention:
The present invention discloses system for construction supply chain management by using blockchain technology.
Blockchain is digital database which is distributed across a network of computers. The records on blockchain are stored in the cryptographic form which protects them from editing and removing. Blockchain can be used in various fields such as financial, insurance, education, manufacturing, logistics and real estate also. Transparency is the main features of blockchain technology.
Fig.1 illustrates the system for construction supply chain management by using blockchain technology is comprising of contents;
The web application for supply chain – used for managing supply chain of construction;
Any electronic computing device which has active internet connection – used for interacting with web application;
Supply Chain database – used for storing data related to supply chain of construction; and
Backend server – database and application are stored
Fig.1 illustrates system for construction supply chain management which includes an electronic computing device with active internet connection and is used for managing supply chain in construction with web application for supply chain. According to the present invention, user open the application where user use application for managing supply chain for construction through an electronic device. Said user add new supplier by submitting all required documents to the application. At backend server, verification of submitted document is done and new data block create for new supplier. Smart contract is created between supplier and construction company and shown to user on the application window as a smart agreement. Data is stored in the database in cryptographic form. For adding new entry of material supply, said user has to select the name of supplier from the list of suppliers. Said user has submit said material data into the application. At backend server, material data is saved as new record of selected supplier and saved in the database in cryptographic form. Any user can see and keep track of supplier and its material supply to the construction company.
Fig. 2 illustrates method for construction supply chain management by using blockchain technology is comprising of the steps are as;
Step 1) User open the web application for construction supply chain management through an electronic device
Step 2) User add new supplier with all required documents submitting to the application
Step 3) At backend server, verification of document is done and new data block is created for new supplier
Step 4) Smart contract is created between supplier and construction company and shown on the screen as a smart agreement
Step 5) Storing data in the database in cryptographic form
Step 6) User select the name of supplier from the list and add new entry of material supply for selected supplier
Step 7) User submit said material data into the application
Step 8) At backend server, material data is stored as new record of said supplier and saved in the database in cryptographic form
Step 9) Any user can see and keep track of supplier and its material supply to the construction company
Blockchain is a decentralized, distributed, and oftentimes public, digital ledger which is used to record transactions across many computers so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks. The present invention is using blockchain technology. The authority member of construction adds supplier names into the application. By verifying the documents and proofs submitted by user, the name of supplier is added into the list of suppliers on the application window. The embodiment of invention application includes supplier, where every supplier is considered as data block and this data block is attached to the blockchain of supply chain. Every data block is saved in the database in cryptographic form. Whenever any entry related to particular supplier is added into the application, then at backend server, this new entry is saved as record of that particular supplier data block. And this new entry can be seen on the application window as record of selected supplier.
There are some advantages of the present invention such as;
Due to blockchain, it is transparent and accurate end-to-end tracking in supply chain.
Construction company digitized physical assets and creates a decentralized immutable record of all transactions which is helpful in tracking assets from supplier to construction site.
Blockchain technology provides verifiable and no-resistant option for sharing the data and information.
Blockchain database helps in compile data and documents from various different users in one place.
It provides secure data sharing.
It is user friendly which provides simple solution for managing supply chain in construction.
Implementation of smart contracts – Smart contracts are coded sets of rules which is triggered when a specific event occurs. In this application, smart contract is created between every supplier and construction company.
The present invention can be better understood with the help of examples.
Example 1:
According to the present invention, user S open supply chain management application on smart phone. User S want to add new supplier P into the application, so S submits all required documents of P into the application. At backend server, verification of submitted document is done and new data block is created for supplier P and data is saved in the database in cryptographic format. The name of P can be seen in the list of suppliers on the application window.
Example 2:
According to the present invention, user X open supply chain management application on smart phone. User X want to add new supplier Y into the application, so X submits all required documents of Y into the application. At backend server, verification of submitted document is done and new data block is created for supplier Y and data is saved in the database in cryptographic format. The name of Y can be seen in the list of suppliers on the application window. User X want to add material entry which is supplied from supplier Y, then X select Y from the list of suppliers. X add material entry of Y into the application and submit to the application. At backend server, this new entry data is stored in the data block of Y. Whenever any user selects supplier Y, and select for edit information then all material entry is shown on the application window.
It should be kept in mind that the described embodiment(s) is only presented by way of example and should not be construed as limiting the inventive concept to any particular hardware and software configuration.
The present invention is not limited to components, which is mentioned in the description. Based on the same concept, system for construction supply chain management can be built. Those who are familiar in the art will understand that a number of variations may be made in the disclosed embodiments, all without departing from the scope of the invention, which is defined solely by the appended claims.