The Contribution of Blockchain Technology in the Supply Chain Management: The Shipping Industry as an Example

Abstract

Today, the visibility of information and the traceability of physical flows have become a challenge to the supply chain's smooth operation, especially because they are difficult to process. Several studies have been done in response to this complexity to uncover practical solutions and more effective strategies for delivering services at the level of client expectations. This paper proposes blockchain technology as a solution that has the potential to deliver encouraging results in terms of supply chain sustainability, trust, traceability, and transparency.