Exploring the Application of Blockchain Technology in Logistics and Transportation System

Abstract

This paper explores the application of blockchain technology in improving the management and efficiency of logistics and transportation systems. By leveraging blockchain technology, real-time recording, traceability, data sharing, security, and trustworthiness of logistics information can be achieved, thereby enhancing the efficiency and safety of logistics operations. The paper discusses the theoretical foundations of blockchain technology and logistics and transportation systems, highlighting key concepts such as decentralization, distributed ledger, consensus mechanisms, smart contracts, operations research, supply chain management, and transportation economics. Additionally, the literature review presents an overview of existing studies on logistics and transport systems and blockchain technology, illustrating various applications and benefits, such as sustainable transport frameworks, transportation and logistics management models, smart logistics systems, and supply chain traceability platforms. In conclusion, the exploration of blockchain technology's application in logistics and transportation systems offers comprehensive support for improving logistics efficiency, reliability, and safety, promising more efficient and reliable transportation services for the logistics industry in the future.