This paper researches decentralized data storage represented by blockchain technology and the possibility of its development in sustainable logistics and supply chain management. Although the benefits of blockchain technology have been most widely researched in the financial sector, major challenges in logistics, such as order delay, damage to goods, errors, and multiple data entry can also be minimized by introducing blockchain technology. This paper presents a comprehensive review of the current and rising trends of blockchain technology usage in logistics and supply chain management.

This article presents a comprehensive review of the current and rising trends of blockchain technology usage in shipping industry. The definition and features of blockchain technology are provided, as well as the potential usage of blockchain technology in various areas (financial services, Internet of Things, medicine, government, etc.), in order to better understand its complexity and application. Furthermore, the major challenges of blockchain technology are shown, and the most prominent examples of blockchain applications in shipping industry are provided. The application and advantages of blockchain technology in seaports are demonstrated through several examples.

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This paper presents a review of electronic data exchange and Single Window concept in international trade, transport and seaports. The theoretic framework of international trade, trade facilitation, Single Window, transport sector, maritime transport and seaports is provided, as well as the definition of electronic data exchange and standards for data exchange. The time and cost (excluding tariffs) associated with documentary compliance procedure (exporting and importing a shipment of goods) are shown in order to better understand the complexity and the importance of simplifying administrative processes. The importance of stakeholder connectivity in the transport sector (with special emphasis on seaports) is demonstrated, and factors which affect the successful electronic data exchange in seaports are shown. The advantages of smoother electronic data exchange are provided through the analysis of several Single Window examples, which present regional best practices.

The new technology greatly affects the way of production, consumption, communication, service delivery and ultimately on the entire supply chain. All stakeholders in the business process must invest in new knowledge and develop new business models to adapt to the changing business environment. Connecting devices over internet (Internet of things) and stakeholders’ synergy open up opportunities for new market achievements as well as for the improvement of business processes both in the supply chain and in ports. The development of information technologies has an impact on the reduction of errors, costs, time of information transfer and transport, inventory reduction and thus on better customization. There should be no weak links in the supply chain, which is especially related to the port and port processes that are the basis of the supply chain network. The port is the core of all activities of the supply chain and is also a place where supply and demand meet.