An Optimized Privacy-Protected Blockchain System for Supply Chain on Internet of Things

The consortium blockchain is being utilized in supply chains on the Internet of Things (IoT) for tracking and protecting supply chain data, such as manufacture, storage, and shipment. However, the supply chain data in a consortium blockchain is publicly accessible for all parties, which attracts widespread concerns about supply chain data privacy. Several existing attribute-based encryption (ABE)-based blockchain systems targeting to address the supply chain data privacy problem either bring about additional security problems or lack the feasibility analysis on IoTs. To address the aforementioned issues, in this article, a novel multiauthority ABE (MA-ABE)-based blockchain system is proposed to protect the data privacy for the supply chain on IoTs. Specifically, a four-way tradeoff optimization framework is designed so that the system decentralization, scalability, and storage consumption are not significantly affected by the improved privacy. The optimal attribute setting policies for different scale blockchain networks are dynamically generated by the nondominated sorting genetic algorithm II (NSGA-II). Extensive experiment results show that the proposed scheme remarkably improves data privacy protection for the supply chain without downgrading the other three key factors.