2020
DOI: 10.1108/jstpm-07-2020-0105
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Diffusion of blockchain in logistics and transportation industry: an analysis through the synthesis of academic and trade literature

Abstract: Purpose Blockchain technology has fascinated researchers and industry professionals. Since its birth, the attention for blockchain has been exponentially increasing, however, most of the industries are still skeptical in adoption for value creation. The purpose of this study is to analyze the actual level of implementation and diffusion of blockchain technology within the logistics and transportation industry by comparing and using the collective intelligence of academic literature and industry practices of im… Show more

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Cited by 37 publications
(14 citation statements)
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References 53 publications
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“…Such developments in global business conditions have not left the logistics sector unaffected ( Bhattacharya, 2015;Winkelhaus and Grosse, 2020 ).In recent years, both via AI and Blockchain, the logistics industry's Community is undergoing a significant transformation. The logistics value chain is an integral part of the company's entire value chain ( Batta et al, 2020 ). Supply chains are similar to the actual metal chain.…”
Section: Introductionmentioning
confidence: 99%
“…Such developments in global business conditions have not left the logistics sector unaffected ( Bhattacharya, 2015;Winkelhaus and Grosse, 2020 ).In recent years, both via AI and Blockchain, the logistics industry's Community is undergoing a significant transformation. The logistics value chain is an integral part of the company's entire value chain ( Batta et al, 2020 ). Supply chains are similar to the actual metal chain.…”
Section: Introductionmentioning
confidence: 99%
“…According to Joshi et al (2016), ICT can enhance processes and increase opportunities for individuals and communities to interact with the government using smart governance that facilitates service integration, collaboration, communication and data exchange. The research by Batta et al (2020) shows that blockchain technology can strengthen collaborations and maintain complete control of various activities. According to Grover et al (2020), artificial intelligence can help to explore utilization in operations management and Metcalf (2019) explains how Estonia implemented e-governance.…”
Section: Discussionmentioning
confidence: 99%
“…The use of blockchain has been deemed to be of utmost importance for information systems' penetration into a variety of fields, including cybersecurity [34]. Despite being in the exploratory stage of implementation, in [35], authors emphasized the potential advantages for the logistics industry with the use of blockchain technology. Although there are several issues, many sectors including insurance have been preparing for blockchain applications and future technologies.…”
Section: A Related Workmentioning
confidence: 99%