Blockchain Technology and the Efficiency of Supply Chains in the Marine Freight Industry

Alissa Schwab; Yi Wang

doi:10.1007/978-981-19-0572-8_98

Blockchain Technology and the Efficiency of Supply Chains in the Marine Freight Industry

Alissa Schwab
, Yi Wang^*

^*Corresponding author for this work

Plymouth Business School

University of Plymouth

Research output: Chapter in Book/Report/Conference proceeding › Conference proceedings published in a book › peer-review

Abstract

This paper deals with the influence of blockchain technology on the efficiency of supply-chains in the marine freight industry. Blockchain is described and the issues of the shipping industry investigated. Following this, the implementation of blockchain technology in marine freight is critically evaluated in regard to the described problems of this industry. Furthermore, this paper points out the advantages and disadvantages of blockchain followed by a conclusion which shows that this new technology can resolve certain problems if a number of obstacles have been overcome.

Original language	English
Title of host publication	Advanced Manufacturing and Automation XI
Editors	Yi Wang, Kristian Martinsen, Tao Yu, Kesheng Wang
Publisher	Springer Science and Business Media Deutschland GmbH
Pages	766-771
Number of pages	6
ISBN (Print)	9789811905711
DOIs	https://doi.org/10.1007/978-981-19-0572-8_98
Publication status	Published - 2022
Event	11th International Workshop of Advanced Manufacturing and Automation, IWAMA 2021 - Virtual, Online Duration: 11 Oct 2021 → 12 Oct 2021

Publication series

Name	Lecture Notes in Electrical Engineering
Volume	880 LNEE
ISSN (Print)	1876-1100
ISSN (Electronic)	1876-1119

Conference

Conference	11th International Workshop of Advanced Manufacturing and Automation, IWAMA 2021
City	Virtual, Online
Period	11/10/21 → 12/10/21

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure

ASJC Scopus subject areas

Industrial and Manufacturing Engineering

Keywords

Blockchain
Marine freight
Supply chain efficiency

Access to Document

10.1007/978-981-19-0572-8_98

Cite this

Schwab, A., & Wang, Y. (2022). Blockchain Technology and the Efficiency of Supply Chains in the Marine Freight Industry. In Y. Wang, K. Martinsen, T. Yu, & K. Wang (Eds.), Advanced Manufacturing and Automation XI (pp. 766-771). (Lecture Notes in Electrical Engineering; Vol. 880 LNEE). Springer Science and Business Media Deutschland GmbH. https://doi.org/10.1007/978-981-19-0572-8_98

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title = "Blockchain Technology and the Efficiency of Supply Chains in the Marine Freight Industry",

abstract = "This paper deals with the influence of blockchain technology on the efficiency of supply-chains in the marine freight industry. Blockchain is described and the issues of the shipping industry investigated. Following this, the implementation of blockchain technology in marine freight is critically evaluated in regard to the described problems of this industry. Furthermore, this paper points out the advantages and disadvantages of blockchain followed by a conclusion which shows that this new technology can resolve certain problems if a number of obstacles have been overcome.",

keywords = "Blockchain, Marine freight, Supply chain efficiency",

author = "Alissa Schwab and Yi Wang",

note = "Publisher Copyright: {\textcopyright} 2022, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.; 11th International Workshop of Advanced Manufacturing and Automation, IWAMA 2021 ; Conference date: 11-10-2021 Through 12-10-2021",

year = "2022",

doi = "10.1007/978-981-19-0572-8\_98",

language = "English",

isbn = "9789811905711",

series = "Lecture Notes in Electrical Engineering",

publisher = "Springer Science and Business Media Deutschland GmbH",

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editor = "Yi Wang and Kristian Martinsen and Tao Yu and Kesheng Wang",

booktitle = "Advanced Manufacturing and Automation XI",

address = "Germany",

}

Schwab, A & Wang, Y 2022, Blockchain Technology and the Efficiency of Supply Chains in the Marine Freight Industry. in Y Wang, K Martinsen, T Yu & K Wang (eds), Advanced Manufacturing and Automation XI. Lecture Notes in Electrical Engineering, vol. 880 LNEE, Springer Science and Business Media Deutschland GmbH, pp. 766-771, 11th International Workshop of Advanced Manufacturing and Automation, IWAMA 2021, Virtual, Online, 11/10/21. https://doi.org/10.1007/978-981-19-0572-8_98

Blockchain Technology and the Efficiency of Supply Chains in the Marine Freight Industry. / Schwab, Alissa; Wang, Yi.
Advanced Manufacturing and Automation XI. ed. / Yi Wang; Kristian Martinsen; Tao Yu; Kesheng Wang. Springer Science and Business Media Deutschland GmbH, 2022. p. 766-771 (Lecture Notes in Electrical Engineering; Vol. 880 LNEE).

Research output: Chapter in Book/Report/Conference proceeding › Conference proceedings published in a book › peer-review

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PY - 2022

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N2 - This paper deals with the influence of blockchain technology on the efficiency of supply-chains in the marine freight industry. Blockchain is described and the issues of the shipping industry investigated. Following this, the implementation of blockchain technology in marine freight is critically evaluated in regard to the described problems of this industry. Furthermore, this paper points out the advantages and disadvantages of blockchain followed by a conclusion which shows that this new technology can resolve certain problems if a number of obstacles have been overcome.

AB - This paper deals with the influence of blockchain technology on the efficiency of supply-chains in the marine freight industry. Blockchain is described and the issues of the shipping industry investigated. Following this, the implementation of blockchain technology in marine freight is critically evaluated in regard to the described problems of this industry. Furthermore, this paper points out the advantages and disadvantages of blockchain followed by a conclusion which shows that this new technology can resolve certain problems if a number of obstacles have been overcome.

KW - Blockchain

KW - Marine freight

KW - Supply chain efficiency

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SN - 9789811905711

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A2 - Wang, Yi

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PB - Springer Science and Business Media Deutschland GmbH

T2 - 11th International Workshop of Advanced Manufacturing and Automation, IWAMA 2021

Y2 - 11 October 2021 through 12 October 2021

ER -

Blockchain Technology and the Efficiency of Supply Chains in the Marine Freight Industry

Abstract

Publication series

Conference

UN SDGs

ASJC Scopus subject areas

Keywords

Access to Document

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