Commodity Traceability | Blockchain Escorts your “Cart”

Jarvis+
6 min readOct 23, 2020

It’s “Double Eleven” again this year. Will you chop your hands this year? With the popularity of the Internet, online shopping has become one of the main ways for everyone to shop. But while enjoying the convenience of online shopping, we also bear the risk of being deceived. Even the multiple guarantees of platform and merchant certification cannot eliminate our worries about buying fake products. Because of the virtual nature of the Internet, we often doubt the authenticity of information.

Blockchain is a distributed accounting system for inter-organization and tampering prevention. It can solve the problem of transactions under the scenario of lack of trust based on distributed consensus algorithms, smart contracts, encryption algorithms, etc. The traceability feature of the blockchain can solve many current pain points in industries such as finance, credit investigation, copyright, and certification. Applying blockchain technology to the traceability of commodities can improve the transparency of the entire circulation of commodities and form a more comprehensive and effective control over the supply chain.

1.Commodity traceability

Commodity traceability system can be divided into four aspects: production enterprise traceability, overseas commodity traceability, international logistics and import declaration traceability, and traceability information terminal query. At present, the rest of the system has been initially completed except for the traceability of production enterprises. Commodity traceability links involve four parts: production companies, overseas quality inspection agencies, logistics companies, and consumers, and all parts need to work together. One of the characteristics of commodity traceability is the long link and the combination of online and offline, which not only pays attention to the construction of rules, but also pays attention to practical operations at the warehouse level.

Standard construction — The traceability project utilizes the platform’s merchant, commodity and supply chain management capabilities to establish global merchants &…

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