Rethinking Blockchain Technologies for the Maritime Industry: An Overview of the Current Landscape

Heejoo Kim, Zhe Xiao (), Xiaocai Zhang, Xiuju Fu and Zheng Qin
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Heejoo Kim: Institute of High Performance Computing (IHPC), Agency for Science, Technology and Research (A*STAR), 1 Fusionopolis Way, #16-16 Connexis, Singapore 138632, Singapore
Zhe Xiao: Institute of High Performance Computing (IHPC), Agency for Science, Technology and Research (A*STAR), 1 Fusionopolis Way, #16-16 Connexis, Singapore 138632, Singapore
Xiaocai Zhang: Department of Infrastructure Engineering, University of Melbourne, Kernot Rd, Parkville, VIC 3052, Australia
Xiuju Fu: Institute of High Performance Computing (IHPC), Agency for Science, Technology and Research (A*STAR), 1 Fusionopolis Way, #16-16 Connexis, Singapore 138632, Singapore
Zheng Qin: Institute of High Performance Computing (IHPC), Agency for Science, Technology and Research (A*STAR), 1 Fusionopolis Way, #16-16 Connexis, Singapore 138632, Singapore

Future Internet, 2024, vol. 16, issue 12, 1-19

Abstract: This survey aims to provide an up-to-date and succinct yet informative overview of the blockchain technologies for the maritime industry. We synthesize the recent advancements in blockchain development and its adoption across maritime sectors, highlighting the key blockchain use cases, including promoting maritime sustainability and optimizing maritime supply chain management through improved traceability, advancing smart shipping with automated processes and fostering collaboration among stakeholders by enhancing transparency. Through an analysis of current implementations, pilot projects, and case studies, we especially focus on identifying the challenges and barriers, reasoning on the status quo, and the opportunities and future perspectives for blockchain in maritime.

Keywords: blockchain; maritime; maritime digitalization; shipping industry; maritime safety; maritime operation efficiency; maritime decarbonization and sustainability (search for similar items in EconPapers)
JEL-codes: O3 (search for similar items in EconPapers)
Date: 2024
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