Blockchain technology use case in supply chains in transport hubs

Introduction. Efficient freight transport and management in large transportation hubs is crucial to world trade. Existing freight management systems fail to ensure traceability, transparency, information security and consistency of data stored and exchanged during the various operational processes. As a result, this has a negative impact on the performance of transport hubs.

Materials and methods. The use of digital information and communication technology (ICT) applications in the transport industry can lead to highly automated processes and more cost-effective solutions. Freight transport requires the use of real-time data exchange between different stakeholders involved in the process. Traditional ICTbased logistics systems use a centralised architecture to host and process data and services. However, centralized logistics systems cannot ensure secure access to real-time data, operational visibility and trust between participating organisations.

Results. Automation of various transport hub functions using the Internet of Things (IoT) and cloud computing can adequately improve the performance of transport hub operations. These operations include automation of vehicle interface, container yards, intra-port logistics and terminal receiving point.

Discussion and Conclusions. In this paper, we have explored opportunities for process improvement by integrating information exchange between different actors using end-to-end technologies in transport hubs, in particular the concept of blockchain, to optimise operations in international trade by integrating and sharing information between actors in the transport process.

1. Blockchain in 2017: The Year of Smart Contracts https://www.pcmag.com/article/350088/blockchain-in-2017-the-yearof-smart-contracts Retrieved: Oct, 2017

2. Wang, F.-Y. (2014). Complex Systems and Complexity Science, 1 (4), 25-35.

3. Eremina, L., Mamoiko, A., & Bingzhang, L. (2020). Use of blockchain technology in planning and management of transport systems. https://doi.org/10.1051/e3sconf/202015704014

4. Li Bingzhang, Vladimir Zirianov (2021). Blockchain in agricultural supply chain management. https://doi.org/10.1051/e3sconf/202127308029

5. Wang, F.-Y. (2014). Control and Decision, 19 (5), 485-489.

6. Nozdrev S. China in the system of world finance. World Economy and International Relations, 2016, Vol. 60, No. 10, p.29-40.

7. Daniel S. Markey and James West (2016). Behind China’s Gambit in Pakistan. https://www.cfr.org/expert-brief/behind-chinas-gambit-pakistan?cid=socfacebook-in-behind_chinas_gambit_pakistan-080916

8. Yang, C.-S. &Lirn, T.-C. (2017). Int. J. Phys. Distrib. Logist. Manag., 47, 884-905.

9. Dong Suocheng, Cheng Hao, Guo Peng, Li Fujia, Li Yu, Li Zehong, Zhang Xiaoxiao. Transportation Industry of the Belt and Road. Bulletin of Chinese Academy of Sciences (In Chinese), 2016, vol. 31, no 6, pp. 663-668. DOI: 10.16418 /j.issn.1000-3045.2016.06.003

10. 刘卫东. “一带一路”战略的认识误区. [Misunderstandings of BRI (In Chinese)]. Journal of Chinese Academy of Government, 2016, no. 1, pp. 30-34.

11. Bair J. Commodity Chains in and of the World System. Journal of WorldSystem Research, 2014, vol. 20. no. 1, pp. 1-10.

12. Yu, N.; De Jong, M.; Storm, S.; Mi, J. The growth impact of transport infrastructure investment: A regional analysis for China (1978–2008). Policy Soc. 2012, 31, 25–38.

13. Chen Lurong, De Lombaerde P. China Moving Up the Value Chain: What Can Be Learned from the Asian NICs? International Area Studies Review, 2013, no. 16 (4), pp. 407-430. DOI: 10.1177/2233865913507441

14. Yuan, Y. & Wang, F.-Y. (2016). ActaAutomaticaSinica, 42 (4), 481-494.

15. Zhang, J.-P., Wang, F.-Y., Wang, K.-F., Lin, W.-H., Xu, X. & Chen, C. (2011). IEEE Transactions on Intelligent Transportation Systems, 12, 1624-1639.

16. Luan, X.; Cheng, L.; Yu, W.; Zhou, J. Multimodal Coupling Coordination Analysis at the Comprehensive Transportation Level. J. Transp. Syst. Eng. Inf. Technol. 2019, 3, 27–33.

17. Yeung H.W.C. Historical Context: Finance, Geopolitics and Bureaucracy. Area Development and Policy, 2017, no. 2 (1), pp. 1-23 DOI: 10.1080/23792949.2016.1264868

18. Hong, J.; Chu, Z.; Wang, Q. Transport infrastructure and regional economic growth: Evidence from China. Transportation 2011, 38, 737–752.

19. Li, Bingzhang, LubaEremina. Development of the transport corridor “The New Silk Road” in China. Materials of the International Conference “Scientific research of the SCO countries: synergy and integration” - Reports in English. Part 2. (December 12, 2018. Beijing, PRC) p. 208-215

20. Li Bingzhang, LubaEremina, Elena Semchugova, Anton Volohov, Anton Mamoiko, Elena Shatalova/ Innovative use of blockchain technology in the logistics industry // Proceedings of International Conference on Finance, Entrepreneurship and Technologies in Digital Economy (FETDE 2020), St. Petersburg University of Management Technologies and Economics, St. Petersburg, Russia, р. 629-638 https://doi.org/10.15405/epsbs.2021.03.79