Blockchain Technology in Supply Chains of Transport Hubs in the People’s Republic of China
https://doi.org/10.30932/1992-3252-2022-20-4-6
Abstract
Efficient cargo transportation at major transport hubs its management is critical to global trade. Existing systems for organising cargo transportation do not provide traceability, transparency, information security and immutability of data stored and exchanged during various operational processes. Consequently, this negatively affects the performance of transport hubs.
The use of digital applications of information and communication technology (ICT) in the transport industry can lead to highly automated processes and more cost-effective solutions. Cargo transportation requires the use of real-time data exchange between the various stakeholders involved in the process. Traditional ICTbased logistics systems use a centralised architecture to allocate and process data and services. However, centralised logistics systems cannot provide secure real-time data access, operational visibility, and trust between participating organisations.
Automating various functions of transport hubs with the help of the Internet of Things (IoT) and cloud computing can adequately improve the performance of transport hub operations. These operations include automation of the vehicle interface, container yards, intra-port logistics, and the terminal reception area.
The objective of the research is to increase the efficiency of organisational and functional activities of transport hubs through digitalisation. Significant are the methods of applying an integrated approach that combines confirmation of feasibility of participation of a port facility in servicing the cargo traffic in terms of delivery «just in time» and of economic feasibility of participation of the facility in the channel of cargo flows to save operating costs. Possibilities for improving the process are considered from the point of view of integration of information exchange between different participants using end-to-end technologies in transport hubs, namely, the blockchain concept, to optimise operations by integrating and exchanging information between participants in the transportation process.
About the Author
Bingzhang Li
Don State Technical University
Russian Federation
Russian Federation
Li, Bingzhang, Ph.D. student
Rostov-on-Don
Jinan, Shandong Province, People’s Republic of China
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Review
For citations:
Li B. Blockchain Technology in Supply Chains of Transport Hubs in the People’s Republic of China. World of Transport and Transportation. 2022;20(4):73-85. https://doi.org/10.30932/1992-3252-2022-20-4-6
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