Blockchain is a data exchange technology that allows their transfer directly between agents, without intermediaries.

As part of the international championship on advanced technologies and skills BRICS Future Skills & Tech Challenge 2024, the development team, which included Alexander Bakukhin, a graduate student at the Institute of Computer Technology and Information Security of the Southern Federal University, created a unique blockchain solution for tracking the international supply chain of products.

"The blockchain is notable for the fact that it is a distributed system and there is no intermediary in it, that is, the operations inside it are transparent. Each participant of the system, in our case it is the customer and the supplier, can freely track the status of the delivery through the blockchain. Another advantage of the blockchain is that if a person sees some kind of record in the system, he can be sure that this record cannot be corrected or deleted, because the blockchain is responsible for data security," Alexander Bakukhin said.

The blockchain solution was created by the technical task team and on the blockchain platform of the track's industrial partner, Web3Tech, which is known for having developed a remote electronic voting system together with Rostelecom PJSC, which has been used in federal elections in Russia since 2020.

"The purpose of our development was to show the capabilities of the blockchain and prove that it can be applied using the example of this case, that it is possible to create a platform with minimal functionality in a short time, and in principle, the blockchain is already ready for implementation for such large-scale projects as international deliveries. However, the practical implementation of the solution will require the active participation of the states whose citizens will use it," Alexander Bakukhin notes.