Transaction Method of Warehouse Sharing Platform Based on Blockchain Technology

Abstract

As big data and blockchain technology advanced very quickly, warehousing transaction methods became a hot area of research, and it is a trend to encourage the use of warehousing sharing platforms. The commonly used methods for barter transaction warehousing precision tend to fall short of ideal precision in transaction computations. On the topic of transaction forms and accuracy, this study proposes from the perspective of blockchain technology a warehouse transaction model. The model is implemented using a warehousing trading platform based on transaction data and methods to utilize the proposed approach. It filters unnecessary transaction information, based on the warehouse characteristics, and evaluates transaction forms and outcomes. The model computes results by looking at the rate of change in transaction data and methods, working them based on actual transaction scenarios and adjusting transaction parameters and indicators. MATLAB virtual simulations clearly show that assigning the warehousing transactions calculation to the blockchain improves the accuracy of the transactions to a rate of 95.3%. It evaluated transaction contents on the platform and transaction forms, then counted what types of transactions happened and how often. The study proves that blockchain technology is a good solution to ensure fast, reliable and sound warehousing transactions.