Distributed ledger platform for improved return logistics

A method for performing a blockchain and smart contract based method to reduce delivery time and prevent reverse supply chain logistics for events corresponding to multiple accounts while maintaining party anonymity, the method comprising:

• processing a first event processing request, resulting in first event processing information indicating a first transfer of resources from a first buyer of an item to a seller of the item;
• recording, in a first element of a distributed ledger corresponding to the item, the first event processing information, an identity of the first buyer, and an identity of the seller, wherein a first portion of distributed ledger is visible to the first buyer and the seller, and wherein recording the first event processing information further comprises generating a smart contract indicating when resources are to be transferred from the seller to the first buyer in case of a return;
• causing, by communicating with a shipping computing system, the item to be shipped to the first buyer;
• processing a second event processing request, resulting in second event processing information indicating a second transfer of resources from a second buyer of the item to the seller, and wherein use of the distributer ledger ensures security of the first event processing request and the second event processing request;
• recording, in a second element of the distributed ledger, the second event processing information, an identity of the second buyer, a return policy for the item, and the identity of the seller, wherein a second portion of the distributed ledger is visible to the second buyer and the seller;
• and
• causing the item to be sent from the first buyer to the second buyer, wherein the first buyer sent a request to return the item, and wherein causing the item to be sent from the first buyer to the second buyer comprises:
• generating, based on the distributed ledger, anonymous shipping information corresponding to the second buyer, wherein the anonymous shipping information is accessible by the first buyer using the distributed ledger, and
• recording shipping confirmation information indicating that the item has been shipped from the first buyer to the second buyer, wherein causing the item to be sent from the first buyer to the second buyer reduces a delivery time associated with shipping the item to the second buyer and prevents the reverse supply chain logistics.

One or more non-transitory computer-readable media storing instructions that, when executed by a computing platform for performing a blockchain and smart contract based method to reduce delivery time and prevent reverse supply chain logistics for events corresponding to multiple accounts while maintaining party anonymity, the computing platform comprising at least one processor, a communication interface, and memory, cause the computing platform to:

• process a first event processing request, resulting in first event processing information indicating a first transfer of resources from a first buyer of an item to a seller of the item;
• record, in a first element of a distributed ledger corresponding to the item, the first event processing information, an identity of the first buyer, and an identity of the seller, wherein a first portion of distributed ledger is visible to the first buyer and the seller, and wherein recording the first event processing information further comprises generating a smart contract indicating when resources are to be transferred from the seller to the first buyer in case of a return;
• cause, by communicating with a shipping computing system, the item to be shipped to the first buyer;
• process a second event processing request, resulting in second event processing information indicating a second transfer of resources from a second buyer of the item to the seller, and wherein use of the distributer ledger ensures security of the first event processing request and the second event processing request;
• record, in a second element of the distributed ledger, the second event processing information, an identity of the second buyer, a return policy for the item, and the identity of the seller, wherein a second portion of the distributed ledger is visible to the second buyer and the seller;
• and
• cause the item to be sent from the first buyer to the second buyer, wherein the first buyer sent a request to return the item, and wherein causing the item to be sent from the first buyer to the second buyer comprises:
• generating, based on the distributed ledger, anonymous shipping information corresponding to the second buyer, wherein the anonymous shipping information is accessible by the first buyer using the distributed ledger, and
• recording shipping confirmation information indicating that the item has been shipped from the first buyer to the second buyer, wherein causing the item to be sent from the first buyer to the second buyer reduces a delivery time associated with shipping the item to the second buyer and prevents the reverse supply chain logistics.