Skip to main content

Designing Bidding Systems in Supply Chain Management Using Blockchain Technology

  • Conference paper
  • First Online:
Intelligent Systems and Networks (ICISN 2021)

Abstract

Recently, problems related to the supply chain have attracted the attention of logistic companies and various researchers. The attractiveness of the supply chain lies not only in the optimization of conventional administration costs, but also in its legality, transparency and trust. The article describes how to implement a bidding system. This bidding system is used to select carriers for e-commerce sites. Blockchain’s smart contract with its transparency and precision can help improving cost efficiency for existing supply chains.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 139.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 179.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 219.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Euler Hermes: www.eulerhermes.com. Accessed 16 July 2020

  2. Hottovy, R.J.: Amazon’s new opportunities in coronavirus; FVE to $3500. Stock analyst update, 31 July 2020

    Google Scholar 

  3. Sharp Logistics Pvt. Ltd. https://vrsharp.com/. Accessed 20 May 2020

  4. Holmberg, K., Tuy, H.: A production-transportation problem with stochastic demands and concave production cost. J. Math. Program. 85, 157–179 (1999)

    Article  MathSciNet  Google Scholar 

  5. Rothkopf, M.: A model of rational competitive bidding. J. Manag. Sci. 15(7), 362–373 (1969)

    MathSciNet  MATH  Google Scholar 

  6. Vickrey, W.S.: Counterspeculation, auctions, and competitive sealed tenders. J. Finan. 16, 8–37 (1961)

    Article  MathSciNet  Google Scholar 

  7. Clarke, F.: The pinmen recall test as a measure of the individual. Britian J. Psychol. 62(3), 381–394 (1971)

    Article  Google Scholar 

  8. Groves, T.: Incentives in teams. Econ. Soc. 41(4), 617–631 (1973)

    MathSciNet  MATH  Google Scholar 

  9. Nisan, N., Ronen, A.: Algorithmic mechanism design, games and economic behavior, 35(2), 166–196 (2001)

    Google Scholar 

  10. Rothkopf, M.H., Teisberg, T.J., Kahn, E.P.: Why are vickrey auctions rare? J. Polit. Econ. 98(1), 94–109 (1990)

    Article  Google Scholar 

  11. Satapathy, G., Kumara, S.R.T., Moore, L.M.: Distributed intelligent agents for logistics (DIAL). J. Expert Syst. Appl. Pract. 14, 409–424 (1998)

    Article  Google Scholar 

  12. Houben, R., Snyers, A.: Cryptocurrencies and blockchain. European Parliament’s Special Committee on Financial Crimes (2018)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Le Anh Ngoc .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2021 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Hieu, N.H. et al. (2021). Designing Bidding Systems in Supply Chain Management Using Blockchain Technology. In: Tran, DT., Jeon, G., Nguyen, T.D.L., Lu, J., Xuan, TD. (eds) Intelligent Systems and Networks . ICISN 2021. Lecture Notes in Networks and Systems, vol 243. Springer, Singapore. https://doi.org/10.1007/978-981-16-2094-2_8

Download citation

Publish with us

Policies and ethics