Block chain-Logistics and Proposed Layer Flow Model

Abstract

Data protection and transparency are highly recommended modern approaches for any transaction domain. The proposed layer model will provide an improved and secure approach for transporting of goods using crypto currencies and excluding intermediate parties. Paper gives temporarily overview of crypto currency, logistics movement channels, block chain evaluation, challenges, types, applications and layer model that shows movements of good from scratch (source) to delivery (client destination) through secured transactions medium, excluding intermediate parties (banks etc.) storing signatures in distributed ledger.