Smart contracts based on blockchain for logistics management

Abstract

Current trade is being heavily influenced by emerging technologies. Despite many technological advances, logistics management is at a standstill about the improvements communication systems. Updating information during the whole process is an essential element in such systems but trust in that information is even more important. For this reason, providing a mechanism that can be verified and that allows increasing the level of trust of the stakeholders could contribute to the improvement of the logistic process. The main aim of this paper is to show an analysis of the current state of blockchain technology and its possibilities regarding the development of decentralized and self-verifiable applications focusing on their integrity. Besides, a new concept of program is defined thanks to the use of a set of smart contracts which should be deployed over the Ethereum blockchain.