Blockchain project workflow execution for trustless operation

Samuel Ashaolu, Lei Chen

Research output: Contribution to book or proceedingChapterpeer-review

2 Scopus citations

Abstract

In our world today, organizations are adopting various means and pathways to collaborate strategically with other organizations toward boosting their productivity, expanding their business growth, and attaining new frontiers in innovation. One critical challenge has inhibited this process in service collaboration among various chains of businesses, which is the lack of trust among organizations. A forthcoming approach to mitigate these issues is by leveraging the applications of blockchain technology made possible by embedding business execution workflow with smart contracts. This approach can drastically improve transparency, accountability, and trust decentralization among corporations. Blockchain technology is able to provide an immutable and auditable distributed architecture capable of supporting a distributed workflow management system, which is the scope of this chapter. Overall, it enables the fast automation of business processes and workflows using smart contract to enforce project agreements across the network. This would bolster collaboration between trustless entities without a dependency of third-party involvement. In general, the existing blockchain-based workflow management systems focus on workflow coordination. This chapter thus proposes to illustrate an information workflow mechanism for inter-organizational collaboration enforced via smart contract and deployed on the blockchain network as well as a mini-implementation of this process on a Solidity IDE programming platform and associated results.

Original languageEnglish
Title of host publicationPrinciples and Practice of Blockchains
PublisherSpringer International Publishing
Pages63-90
Number of pages28
ISBN (Electronic)9783031105074
ISBN (Print)9783031105067
DOIs
StatePublished - Nov 21 2022

Scopus Subject Areas

  • General Engineering
  • General Computer Science

Keywords

  • Blockchain
  • Ethereum
  • Project automation
  • Smart contract
  • Trustless operations
  • Workflow management

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