A Smart Logistics Architecture Using IoT and Hashgraph

Abstract

Over the last decades, the industrial sector has known significant technological progress, that led to major improvements in logistics. This evolution has given rise to the concept of ’Smart Logistics’, which refers to the integration of advanced technologies such as Internet of things (IoT), DLT (Distributed Ledger Technology)... in logistic. Hashgraph [1] is a trusted digital innovation technology, as a type of DLT, it is recognized by its characteristics of sustainability, rapidity, and low cost... , IoT devices play a crucial role in enabling real-time monitoring of the logistics environment... The combination of these two technologies not only enhances overall performance but also addresses the security vulnerabilities inherent in IoT. This paper highlights the contribution of IoT and Hashgraph technology for the benefit of future logistics and presents an architecture for low-cost and echo-friendly logistics systems based on IoT-enabled Hashgraph technology. The evaluation results show that our proposed solution effectively solves logistics system challenges related to performance, and sustainability. Moreover, its low cost, efficiency and minimal energy consumption make it a recommended choice for both small and big-sized logistics companies and stakeholders.