Construction of Online Freight Platform Based on Blockchain Technology

Online freight platform is a marketplace which connects shippers with carriers, allowing them to book and manage shipments online, that can help streamline processes, enhance communication, and optimize resource allocation. However, there are some pain points in the current online freight industry, e.g., poor transparency, lack of protection for drivers’ rights, etc. In this paper, we propose a novel framework of online freight platform based on blockchain technology. We first analyze the limitations of the current online freight industry and the value of blockchain. Then, we introduce the proposed online freight platform in detail, including its components, operation process, and advantages. This paper is aimed at providing helpful guidance and reference for online freight industry.