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An Evaluation for the Use of Blockchain Technology in Logistics

Received: 22 February 2019    Accepted: 10 April 2019    Published: 10 May 2019
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Abstract

The following article sums up the current problems of the logistics and explains how the Blockchain technology can help to solve some of them. A utility value analysis is used to quantify the scenarios the Blockchain is most likely to be used in. This offers a result that, in comparison to current research, does not only show the opportunities but also how likely they are to be used in these sections. In the next step these scenarios are compared with each other. These results lead to a outlook to potential applications of the Blockchain technology in the logistics.

Published in International Journal of Transportation Engineering and Technology (Volume 5, Issue 1)
DOI 10.11648/j.ijtet.20190501.12
Page(s) 11-17
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Blockchain, Utility Value Analysis, Potential Applications, Scenarios, Smart Contract, Cloud, IOT

References
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Cite This Article
  • APA Style

    Alexander Goudz, Valentino Steiner. (2019). An Evaluation for the Use of Blockchain Technology in Logistics. International Journal of Transportation Engineering and Technology, 5(1), 11-17. https://doi.org/10.11648/j.ijtet.20190501.12

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    ACS Style

    Alexander Goudz; Valentino Steiner. An Evaluation for the Use of Blockchain Technology in Logistics. Int. J. Transp. Eng. Technol. 2019, 5(1), 11-17. doi: 10.11648/j.ijtet.20190501.12

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    AMA Style

    Alexander Goudz, Valentino Steiner. An Evaluation for the Use of Blockchain Technology in Logistics. Int J Transp Eng Technol. 2019;5(1):11-17. doi: 10.11648/j.ijtet.20190501.12

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  • @article{10.11648/j.ijtet.20190501.12,
      author = {Alexander Goudz and Valentino Steiner},
      title = {An Evaluation for the Use of Blockchain Technology in Logistics},
      journal = {International Journal of Transportation Engineering and Technology},
      volume = {5},
      number = {1},
      pages = {11-17},
      doi = {10.11648/j.ijtet.20190501.12},
      url = {https://doi.org/10.11648/j.ijtet.20190501.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijtet.20190501.12},
      abstract = {The following article sums up the current problems of the logistics and explains how the Blockchain technology can help to solve some of them. A utility value analysis is used to quantify the scenarios the Blockchain is most likely to be used in. This offers a result that, in comparison to current research, does not only show the opportunities but also how likely they are to be used in these sections. In the next step these scenarios are compared with each other. These results lead to a outlook to potential applications of the Blockchain technology in the logistics.},
     year = {2019}
    }
    

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    T2  - International Journal of Transportation Engineering and Technology
    JF  - International Journal of Transportation Engineering and Technology
    JO  - International Journal of Transportation Engineering and Technology
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    UR  - https://doi.org/10.11648/j.ijtet.20190501.12
    AB  - The following article sums up the current problems of the logistics and explains how the Blockchain technology can help to solve some of them. A utility value analysis is used to quantify the scenarios the Blockchain is most likely to be used in. This offers a result that, in comparison to current research, does not only show the opportunities but also how likely they are to be used in these sections. In the next step these scenarios are compared with each other. These results lead to a outlook to potential applications of the Blockchain technology in the logistics.
    VL  - 5
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Author Information
  • Transport & Logistics, University Duisburg-Essen, Duisburg, Germany

  • Transport & Logistics, University Duisburg-Essen, Duisburg, Germany

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