This chapter discusses major concepts on the adoption of blockchain technology and its associated benefits within the transportation industry. Blockchain is a technology with potential to revolutionize, if not disrupt, the transportation industry, leading to operational efficiency and improved transparency across logistics supply chains. This chapter presents the key emerging blockchain tools and applications currently facilitating digital transition in the transportation industry. The benefits to using blockchain in the transportation sector are also reported in this chapter. Challenges that may be encountered and that hamper blockchain adoption and operations by transport managers and organizations are highlighted. Implications for blockchain in the transportation sector and future directions are presented.

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Blockchain Technology and the Transportation Industry

  • Ifeyinwa Juliet Orji,
  • Ukoha Kalu Okwara

摘要

This chapter discusses major concepts on the adoption of blockchain technology and its associated benefits within the transportation industry. Blockchain is a technology with potential to revolutionize, if not disrupt, the transportation industry, leading to operational efficiency and improved transparency across logistics supply chains. This chapter presents the key emerging blockchain tools and applications currently facilitating digital transition in the transportation industry. The benefits to using blockchain in the transportation sector are also reported in this chapter. Challenges that may be encountered and that hamper blockchain adoption and operations by transport managers and organizations are highlighted. Implications for blockchain in the transportation sector and future directions are presented.