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Research on the Development Direction of Smart Logistics Based on Blockchain Technology

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DOI: 10.23977/ieim.2023.060107 | Downloads: 73 | Views: 737

Author(s)

Shouyu Li 1

Affiliation(s)

1 School of Business, Southwest Minzu University, Chengdu, 610000, China

Corresponding Author

Shouyu Li

ABSTRACT

Blockchain was only applied into underlying technology of Bitcoin system in the past. After years of development, its applications have been expanded to fields such as logistics, supply chain, finance, medical health, and public affairs. E-commerce expands globally, which brings opportunities and challenges caused by blockchain technology to logistics industry, a critical hub for online e-commerce and offline users. However, in China, logistics industry faces problems namely high costs, inefficient information exchange, and poor performance. Therefore, future intelligent logistics transformation depends on multi-party collaboration. With aid of deep integration of blockchain technology, it is able to trace source, cut down intermediate links, ensure secure goods delivery, and improve logistics efficiency.

KEYWORDS

Blockchain Technology; Future Intelligent Logistics; Smart Logistics

CITE THIS PAPER

Shouyu Li, Research on the Development Direction of Smart Logistics Based on Blockchain Technology. Industrial Engineering and Innovation Management (2023) Vol. 6: 48-53. DOI: http://dx.doi.org/10.23977/ieim.2023.060107.

REFERENCES

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