Application of Blockchain Innovative Technology in Logistics and Supply Chain Management: A New Paradigm for Future Logistics

Almaz Sandybayev () and Benjamin Silas Bvepfepfe
Additional contact information
Almaz Sandybayev: Faculty of Business, Higher Colleges of Technology
Benjamin Silas Bvepfepfe: Faculty of Business, Higher Colleges of Technology

A chapter in Sustainable Development Through Data Analytics and Innovation, 2022, pp 81-96 from Springer

Abstract: Abstract The paper provides an overview of the practice of using blockchain technology in the digitalization process of logistics and supply chain management of leading companies in different countries. The key global issues are observed to the essence of blockchain technology, practice, and prospects of its application in various industries and fields of activity. This study illustrates the examples of using blockchain technology by leading companies, particularly, in retail. It is indicated that the integration of key business processes in supply chains today needs adequate information support that can be provided through technology of blockchain, which also provides transparency and traceability of up to date. The study indicates that blockchain technology has the potential to improve supply chain sustainability performance in retail sector and it is expected blockchain technology to rise in popularity in supply chain management information.

Keywords: Supply chain; Logistics; Blockchain; Transaction; Digitalization; G32; E51; F30 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:prochp:978-3-031-12527-0_6

Ordering information: This item can be ordered from
http://www.springer.com/9783031125270

DOI: 10.1007/978-3-031-12527-0_6

Access Statistics for this chapter

More chapters in Progress in IS from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().