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Blockchain In Logistics

Blockchain In Logistics

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Perspectives on the upcoming impact of blockchain technology and use cases for the logistics industry

SUMMARY

This report on blockchain technology notes that this technology is emerging from its first deployments in cryptocurrency and it will probably have an important effect on other industries such as the logistics sector where blockchain could make business processes more efficient and enable innovative new services and business models.

The paper offers an overview of the blockchain technologies, the challenges and opportunities ahead while it also examines different uses of this technology across various sectors including digital identification, sustainable consumption in the retail sector, and the application of digital twins in the manufacturing and automotive sectors.

Blockchain can help to unlock important gains in logistics process efficiency, the document states, while it can also enable data transparency and access among stakeholders. It can also help to reduce costs through more automated processes and add visibility to logistics operations and speed up the flow of products.

Smart contracts can automate business processes the time that agreed conditions are achieved, the paper explains. Furthermore, blockchain has also the potential in combination with the Internet of Things in the logistics sector to enable even smarter logistics contracts shortly. 

To apply blockchain technologies and achieve successful projects, it is required to create a business culture of cooperation, involve building blockchain knowledge while concentrating on creating value for all stakeholders.

OUTLINE

Blockchain

Blockchain across different industries

Blockchain in logistics

Conclusion

DETAILS

Overview

Researchfinder Rating
4 out of 5 stars
Title
Blockchain In Logistics
Sub-Title
Perspectives on the upcoming impact of blockchain technology and use cases for the logistics industry
Region
Global
Published
March 12, 2018
Publisher
Accenture , DHL
Price
FREE
Language
ENGLISH

Content

Number of Pages
28
Number of Tables
0
Number of Exhibits
15
Topics
blockchain
Tags
Accenture, automotive, bitcoin, case studies, DHL, digital identification, energy, global, healthcare, retail, security, smart contracts
Companies mentioned
Bosch, Everledger, Renault, Microsoft, VISEO, BP, Eni Trading & Shipping, Wien Energie, Maersk, Unilever, Wal-Mart, Bank of America Merrill Lynch, HSBC
Methodology
Not available.
EVALUATION

This is an in-depth report about the use of blockchain technologies and their application in the logistics sector.

Positives:

  • Good examples and case studies
  • Understandable language
  • Good graphics

 

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