Wipro Limited
BLOCKCHAIN NETWORK AND NODES FOR TRACKING DEVICE AS A SERVICE OPERATIONS

Abstract:

A blockchain network for tracking device as a service operation is disclosed. The blockchain network includes a plurality of peer nodes and each peer nodes further include a processor and a memory includes a smart contract that includes processor instructions that cause the processor to verify digital identity of users accessing the blockchain network and validate data shared by each user accessing the blockchain network. Processor instructions further cause the processor to automatically process an order associated with the request initiated by the initiator node for the device as a service and create a unique transaction ID associated with the order. Processor instructions cause the processor to update an order status associated with the order based on the unique ID, reconciliate fulfillment claims with an invoice associated with the order, and process payments associated with the order in response to the reconciliating.