Honda Motor Co., Ltd.
SYSTEM AND METHOD FOR PROVIDING AN AUTOMATED TRADE TRANSACTION USING BLOCKCHAIN TECHNOLOGY

Abstract:

A system and method for providing an automated trade transaction using blockchain technology that includes receiving transaction data associated with a plurality of supply chain transactions. The system and method also includes aggregating the transaction data associated with the plurality of supply chain transactions received during a predetermined period of time into at least one transactional data package. The system and method further include passing the at least one transactional data package using the blockchain technology to complete a secure communication of the transaction data to at least one of: an additional supply chain stakeholder and a regulatory agency.