Timber tracking: reducing complexity of due diligence by using blockchain technology (position paper)

7 Citations (Scopus)

Abstract

Managing and verifying forest products in a value chain is often reliant on easily manipulated document or digital tracking methods - Chain of Custody Systems. We aim to create a new means of tracking timber by developing a tamper proof digital system based on Blockchain technology. Blockchain will be combined with new digital protocols for physical verification and authentication. Deliverables include online traceability system, and procedures for entering and verifying data inputs. Certification schemes and governments gain increased legitimacy from tamper-proof means to comply with timber trade requirements. Global companies gain from efficient traceability; society at large benefits from increased tax revenues, anti-corruption, and environmental benefits from sustainable forestry. We think this potential collaboration between government and industry can help simplify a variety of current due diligence processes, in this paper we focus on timber tracking.

Original languageEnglish
Title of host publicationPre-BIR Forum, BIR Workshops and Doctoral Consortium 2017 : joint proceedings of the BIR 2017 pre-BIR Forum, Workshops and Doctoral Consortium, Copenhagen, Denmark, August 28 - 30, 2017
EditorsBjörn Johansson
Number of pages6
PublisherCEUR-WS.org
Publication date2017
Publication statusPublished - 2017
Event2nd Workshop on Managed Complexity - København, Denmark
Duration: 28 Aug 201730 Aug 2017
Conference number: 2

Conference

Conference2nd Workshop on Managed Complexity
Number2
Country/TerritoryDenmark
CityKøbenhavn
Period28/08/201730/08/2017
SeriesCEUR Workshop Proceedings
Volume1898
ISSN1613-0073

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