Honda Motor Co., Ltd.
SYSTEM AND METHOD FOR SECURING AUTOMATED TRADE TRANSACTION

Abstract:

A system and method for providing an automated trade transaction using blockchain technology that include electronically receiving transaction data associated with a plurality of supply chain transactions. The system and method also include electronically 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 and electronically providing and assigning secure encrypted credentials to the supply chain stakeholder and at least one of: an additional supply chain stakeholder and a regulatory agency to securely access a blockchain infrastructure. The system and method further include electronically passing the at least one transactional data package through the blockchain infrastructure to complete a secure communication of the transaction data between the supply chain stakeholder and at least one of: the additional supply chain stakeholder and the regulatory agency.