A Blockchain-Based System for Efficient, Traceable, and Transparent Maritime Logistics

In today's era of global trade, efficient marine logistics are pivotal for international trading. However, conventional logistic frameworks have significant difficulties in traceability, transparency, and conflict resolution, which have become more prominent due to increased globalization. This study introduces an innovative method that uses blockchain technology to enhance marine logistics by incorporating smart contract. In the proposed framework, exporters, logistics providers, and customs authorities use the blockchain to transport goods consistently through an automatic series of steps. The performance of the proposed framework highlights its advantages, specifically the automation of transportation activities, enhanced security through decentralization, and improved traceability. The empirical findings illustrate that efficient logistics operations can lead to fewer disputes and increased efficiency, potentially transforming international trade procedures.

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Publication Details

Published
2024-10-16
DOI
https://doi.org/10.1109/ictc62082.2024.10827619
Citations
1
Primary Topic
Transportation Systems and Infrastructure
Type
article
Field-Weighted Citation Impact
0.73
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article

A Blockchain-Based System for Efficient, Traceable, and Transparent Maritime Logistics

Taesoo Jun, Mohtasin Golam, Md Raihan Subhan, Md Facklasur Rahaman et al.
1 citations
Transportation Systems and Infrastructure
0.73
article

A Blockchain-Based System for Efficient, Traceable, and Transparent Maritime Logistics

Taesoo Jun, Mohtasin Golam, Md Raihan Subhan, Md Facklasur Rahaman, Dong‐Seong Kim, M. M. Alam
article en
1 citations

Abstract

In today's era of global trade, efficient marine logistics are pivotal for international trading. However, conventional logistic frameworks have significant difficulties in traceability, transparency, and conflict resolution, which have become more prominent due to increased globalization. This study introduces an innovative method that uses blockchain technology to enhance marine logistics by incorporating smart contract. In the proposed framework, exporters, logistics providers, and customs authorities use the blockchain to transport goods consistently through an automatic series of steps. The performance of the proposed framework highlights its advantages, specifically the automation of transportation activities, enhanced security through decentralization, and improved traceability. The empirical findings illustrate that efficient logistics operations can lead to fewer disputes and increased efficiency, potentially transforming international trade procedures.

Kumoh National Institute of Technology (KR)
Openalex Percentile: Top 20%
Transportation Systems and Infrastructure
0.73
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