Mapping the sea of opportunities: Blockchain in supply chain and logistics

Petersen, Moritz; Hackius, Niels; See, Birgit von

doi:10.1515/itit-2017-0031

Cited by 85 publications

(75 citation statements)

References 10 publications

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“…The most widely discussed topic in terms of application of the BT in transportation is logistics; in fact, many papers have been presented in recent years, such as: [3,33,38,[44][45][46][47][48][49][50]. BTs are presented by many as disruptive for the way supply chains are managed.…”

Section: Potential Applications Of Blockchain-based Systems In Transpmentioning

confidence: 99%

“…They have been categorised into: intra-organisational barriers (e.g., lack of knowledge and expertise; financial constraints), systems-related barriers (e.g., immaturity of technology; hesitation to adopt blockchain technology, due to negative public perception), inter-organisational barriers (e.g., cultural differences of supply chain partners), and external barriers (e.g., lack of government policies and lack of external stakeholders' involvement). Other significant limitations are: lack of willingness of the actors of the chain to share information [115], limits on the number of transactions per unit of time, compared to other players such as Visa or Mastercard (i.e., performance and scalability issues) [116], and regulatory uncertainty [47]. Moreover, trading on a blockchain system could be expensive, because any mistake is irreversible and increases the transaction costs [117].…”

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confidence: 99%

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A Review of Blockchain-Based Systems in Transportation

et al. 2019

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This paper presents a literature review about the application of blockchain-based systems in transportation. The main aim was to identify, through the implementation of a multi-step methodology: current research-trends, main gaps in the literature, and possible future challenges. First, a bibliometric analysis was carried out to obtain a broad overview of the topic of interest. Subsequently, the most influential contributions were analysed in depth, with reference to the following two areas: supply chain and logistics; road traffic management and smart cities. The most important result is that the blockchain technology is still in an early stage, but appears extremely promising, given its possible applications within multiple fields, such as food track and trace, regulatory compliance, smart vehicles' security, and supply-demand matching. Much effort is still necessary for reaching the maturation stage because several models have been theorized in recent years, but very few have been implemented within real contexts. Moreover, the link blockchain-sustainability was explored, showing that this technology could be the trigger for limiting food waste, reducing exhaust gas emissions, favouring correct urban development, and, in general, improving quality of life.

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Section: Potential Applications Of Blockchain-based Systems In Transpmentioning

confidence: 99%

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confidence: 99%

A Review of Blockchain-Based Systems in Transportation

et al. 2019

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“…Also, the use of Blockchain technology in the field of smart logistics remains rare, following its new appearance, its low popularity, and its complexity for the majority of people and organizations. The first real application in the logistics field was announced in April 2015: Everledger startup uses Blockchain to fight fraud in diamond supply chains [33]. This section will explore the applicability and integration of Blockchain technology in the four intelligent logistics sectors.…”

Section: Blockchain and Smart Contracts In Smart Logisticsmentioning

confidence: 99%

Smart Logistics: Blockchain trends and applications

Issaoui¹,

Khiat²,

Bahnasse³

et al. 2020

JUSPN

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The recent increase of new technologies and their involvement into all management processes call into question the smart logistics current models, in which massive amounts of data is collected and controlled. Smart Logistics is considered as fundamental pillar of the 4th industrial revolution 'industry 4.0'. This revolution is based on different concepts including the blockchain technology. Blockchain remains one of the buzzwords in the technological world. So that all sectors are focus on concrete use cases. However, few actors can boast of having devised revolutionary solutions. For good reasons, blockchain technology is still very complex to understand. The purpose of this study is to define the various applications of Blockchain in Smart Logistics, as well as to present concrete examples of these applications. This work was done by classifying the applications according to four clusters: Information, Transport, Finance, and Management, in addition to presenting the applications of each cluster.

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“…It can reduce the cost of market operations and enhance the security and transparency of user information and transaction data. In recent years, blockchain technology has been applied in the research of finance [37][38][39], supply-chains [40,41], medical care [42][43][44], and smart cities [45,46]. With the deepening of research on blockchain technology, the technology is gradually being applied in smart grids [47][48][49][50][51].…”

Section: Application Of Blockchain Technology In Microgridmentioning

confidence: 99%

Consortium Blockchain-Based Microgrid Market Transaction Research

Zhao

Yao

et al. 2019

Energies

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The microgrid trading market can effectively solve the problem of in-situ consumption of distributed energy and reduce the impact of distributed generation (DG) on the grid. However, the traditional microgrid trading model has some shortcomings, such as high operation cost and poor security. Therefore, in this paper, a microgrid market trading model was developed using consortium blockchain technology and Nash game equilibrium theory. Firstly, blockchain container is used to authenticate the users who want to participate in the transaction. Then, the pricing system collects and integrates transaction requests submitted by users, then formulates transaction pricing strategy of microgrid using Nash equilibrium theory. Finally, the price, trading volume, and user information are submitted to the blockchain container for transaction matching to achieve the transaction. After the transaction is completed, its related information is recorded in the hyperledger and the dispatch system is called. The scene simulation was implemented on Fabric 1.1 platform and the results analyzed. Results show that the trading model proposed in this paper greatly reduces the cost of electricity purchase and improves the benefits of electricity sales. Besides, the model is far more capable of handling transactions than the models based on Bitcoin and Ethereum.

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Mapping the sea of opportunities: Blockchain in supply chain and logistics

Cited by 85 publications

References 10 publications

A Review of Blockchain-Based Systems in Transportation

A Review of Blockchain-Based Systems in Transportation

Smart Logistics: Blockchain trends and applications

Consortium Blockchain-Based Microgrid Market Transaction Research

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