Federated Data Pipelines Enabling Continuous Contract and Asset State Traceability

Main Article Content

Sandeep Sarngadharan

Abstract

The growing number of demands associated with secure and real-time tracking of the contracts and asset conditions has required elaboration of the sophisticated data processing frameworks. A new pattern is suggested in this paper that uses Federated Data Pipelines to provide the possibility of tracing the contracts and assets state continuously and at the same time maintain the data privacy. Data Normalization/Standardization is integrated in the methodology to provide homogenous distribution of data to all the decentralized nodes and then Principal Component Analysis (PCA) is used to reduce the dimensionality efficiently. To forecast contract conditions and asset transition correctly a Support Vector Machine (SVM) classifier is used. The system exploits Federated Learning alongside Privacy-Preserving Computation using secure computation techniques such as Homomorphic Encryption. Experimental findings show that the experimental results are more accurate, with lesser latency and better privacy when compared to the traditional centralized systems. The suggested framework offers a flexible and effective answer to the real-time traceability, and, therefore, can be applied to supply chain management, financial contract, and asset monitoring systems.

Article Details

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Articles

How to Cite

Federated Data Pipelines Enabling Continuous Contract and Asset State Traceability. (2023). International Journal of Research Publications in Engineering, Technology and Management (IJRPETM), 6(1), 8114-8123. https://doi.org/10.15662/IJRPETM.2023.0601011

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