The Significance of Blockchain Technology in Digital Transformation of Logistics and Transportation (CROSBI ID 270926)
Prilog u časopisu | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Merkaš, Zvonko ; Perkov, Davor ; Bonin, Vesna ;
engleski
The Significance of Blockchain Technology in Digital Transformation of Logistics and Transportation
The purpose of this article is to identify blockchain’s role in achieving logistic objectives, with the aim of pointing out the significance of blockchain technology in the digital transformation of logistics and transportation. Implementation of the blockchain technology in combination with IoT elements in logistics and transportation contributes to business process optimization, supply chain traceability and transparency, and significant financial savings. There are limitations as blockchain is at a relatively early stage of development with most projects. Therefore, the approach of theory building from multiple case studies was used. The article provides a comprehensive overview of current blockchain initiatives and use-cases. This article is believed to be the first to address the role of blockchain technology in achieving logistics objectives. Results from this research indicate that blockchain technology contributes to the achievement of logistics objectives
Blockchain, Digital Transformation, Distributed Ledger Technology, Logistics Objective, Logistics, Smart Contracts, Supply Chain, Transportation
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Podaci o izdanju
12 (1)
2020.
1-20
objavljeno
1941-627X
1941-6288
10.4018/IJESMA
Povezanost rada
Ekonomija, Informacijske i komunikacijske znanosti