Efficient practical Byzantine Consensus-based reputation method for IoT based electronic waste tracking and tracing system using blockchain

The utilization of smart contracts enables the integration of blockchain technology to provide incentives for the gathering of electronic trash. Traditional blockchain-based Internet of Things (IoT)-E-Waste Tracking systems have challenges such as data privacy issues, significant delays, and low transaction per second (TPS) rates. In order to tackle these difficulties, the proposed approach utilizes a blockchain-based technology called IoT-enabled Efficient Practical Byzantine Consensus-based Reputation (EPBCR). This approach effectively monitors the post-production business processes of electronic devices by using hybrid consensus and reputation optimization algorithms. As a result, it enhances transparency, traceability, and privacy. The system efficiently regulates and oversees electronic gadgets throughout its supply chain by employing smart contracts on an unchangeable distributed ledger. The methodology is supported by analyzing the gas usage of Smart contracts on the Ethereum network. This results in the creation of, efficient, and high-throughput system that assists participants in conducting economic transactions.