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Idea - FICS

HalalChain

Team and Contact Details

Student Name School Degree Year Email
Zaid bin TariqSEECSUndergraduateFourth[email protected]
Mohammad Talha IrfanSEECSUndergraduateFourth[email protected]
Adeel AhmadSEECSUndergraduateFourth[email protected]

Inter School Idea ? No
Do you need expertises from another area: No
If Yes please provide details of expertises you need:

Idea Details

Idea Name: HalalChain
Slogan: Secure and efficient supply chain management
Supervisor Name: Rabia Irfan
Supervisor Designation: Assistant Professor
Supervisor School: SEECS
Supervisor Department: SEECS
Contact number: 05190852563
Email ID: [email protected]
Abstract:
    Hyperledger Fabric is a permissioned blockchain platform that is designed to be a foundation for developing applications or solutions with a modular architecture. It allows participants to create, manage, and execute smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.
What is the unmet need in society that your idea will fulfill ?
    there have been instances of fraud in the halal meat supply chain, where non-halal meat has been passed off as halal. One of the main ways that fraud can occur in the halal meat supply chain is through the mislabeling of non-halal meat as halal. Furthermore, fraudulent certifications are very common
Who needs it ? How many would benefit ?
   One of the main benefits of a transparent halal meat supply chain management system is that it can help to prevent fraud and ensure the authenticity of halal meat. By using a system that provides a transparent and auditable record of the movement and preparation of halal meat, it becomes much more d
How will the solution works
    One of the key benefits of using Hyperledger Fabric for supply chain management is its ability to provide a shared, immutable ledger for recording transactions and tracking the movement of goods and materials. This allows all parties in the supply chain, from producers and manufacturers to distributors and retailers, to have a single, consistent view of the entire supply chain and the status of each transaction.
Who are your competitors ? How is your solution different
    Some common competitors in this market include SAP, Oracle, and Infor. Hyperledger Fabric is different from these competitors is that it is a permissioned blockchain platform. This means that it uses blockchain technology to create a shared, immutable ledger for recording and tracking transactions.
Status: new
Entry Date & Time: 2022-12-15 (1812)