Private Blockchain-based Procurement and Asset Management System with QR Code

The developed system aims to incorporate a private blockchain technology in the procurement process for the supply office. The procurement process includes the canvassing, purchasing, delivery and inspection of items, inventory, and disposal. The blockchain-based system includes a distributed ledger technology, peer-to-peer network, Proof-of-Authority consensus mechanism, and SHA3-512 cryptographic hash function algorithm. This will ensure trust and proper accountability to the custodian of the ...