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Organizations collaborate in industrial networks to share business risks, innovate, and deliver value-added products and services, relying on trust management. However, mistrust among stakeholders arises due to a lack of information transparency, coordination issues, and incentive misalignment. To overcome this problem, this work proposes a decentralized reputation system based on blockchain, smart contracts, and tokenization. Particularly, we address the problem of selecting partners for multi-stakeholder production through their token-based reputation. Our proof-of-concept evaluation results show that the proposed system is agnostic for Ethereum Virtual Machine-based (EVM) blockchains with low computational overhead.
Miranda et al. (2024) studied this question.