Journal of Management Information and Decision Sciences (Print ISSN: 1524-7252; Online ISSN: 1532-5806)


Blockchain-Based Untrusted Business Process Monitoring with Optimized Computational Infrastructure

Author(s): Sharmila Banu Sheik Imam, Noorjahan Sherfudeen Hussain, Sara Abdul Majeed Alnasser.

The BPM – Business Process management has been correlated with the designing, monitoring, execution, and enhancement of the concerned business. The inter-organization process possesses a lot of challenges like combined design and mutual trust lacking. Blockchain (BC) which is an emerging methodology plays a vital role in the execution of the trusty process between the inter-organizations. It could able to generate mutual trust between the nodes through innovative specific algorithms with key aspects that motivate the market mechanism. Few of the blockchain system provided a computational structure for the run of the autonomous program known as smart contracts. The study addressed the basic issue of trust in the execution of the collaborative process with the employment of blockchain. The study developed a method for the integration of BC into choreography where no central authority has been required but there exists the maintenance of trust. The study comprised the integration of a complex set of components that permits the coordination or monitoring of the corresponding business process. The study also implemented a reliable solution for the demonstration of the feasibility of the proposed system. The study evaluation comprised the creation of more than 600 smart contracts and the execution of over 10,000 blockchain transactions.

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