Digitalization of the Transport Industry: Technology of Blockchain

Abstract

Transport development trends and the digitalization of the economy pose new requirements for the level of service and the quality of freight transport, which are difficult to maintain without optimizing transport and logistics costs. To optimize the management of freight transport in modern conditions, it is necessary to use modern intelligent information technologies, methods of information and conceptual computer modeling of supply chains that will virtualize transport resources to further build an optimal development for managing this activity. The article analyzes the use of intelligent information technology Blockchain technology in the management of transport processes, which can improve the quality of transport and forwarding services. The authors describe examples of the use of Blockchain technology in the transport industry in such well-known companies as Ryder, BiTA, the Plato system, MTI (Marine Transport International (UK) Limited), Toyota. Based on the experience of using Blockchain technology, the authors identify the advantages and disadvantages of Blockchain technology in the transport industry. As a result, it was concluded that Blockchain technology will become one of the key tools of the digital society, which will not only optimize various processes, but will bring simplicity, transparency and efficiency to the transport and logistics industry.