Feasibility study of the transportation process improvement due to blockchain implementation

Aim. To carry out a feasibility study of implementing a blockchain for refrigerating circuit. Materials and Methods. To assess the feasibility of implementing a blockchain, capital costs and reduction in operating costs were calculated, and the payback period was determined. Eurosib SPb – Transport Systems JSC was used as an example. Results. The idea behind the project is to develop a system for remote dispatching control, monitoring and control of a diesel generator container and a system for remote monitoring of temperature parameters of refrigerated containers. Conclusion. The study have demonstrated feasibility of using a blockchain for a refrigerating circuit (as an example) by increasing the efficiency of logistics operations. This cuts operating costs, speeds up delivery due to less time required to process documents, minimizes risks, and controls the goods traffic at all stages of transportation.