Institute of Business Logistics and General Management

Institute of Business Logistics and General Management

Blockchain in logistics and supply chain: trick or treat?

TitleBlockchain in logistics and supply chain: trick or treat?
Publication TypeConference Paper
Year of Publication2017
AuthorsHackius, Niels and Moritz Petersen
Conference NameHamburg International Conference of Logistics
Proceedings Title

Proceedings of the Hamburg International Conference of Logistics

Date Published10/2017
Publisherepubli
Conference LocationHamburg
ISBN Number978-3-7450-4328-0
KeywordsBlockchain, Logistics, Supply Chain Management, use cases
Abstract

Blockchain is an emergent technology concept that enables the decentralized and immutable storage of verified data. Over the last few years, it has increasingly attracted the attention of different industries. Especially in Fintech, Blockchain is hyped as the silver bullet that might overthrow today's payment handling. Slowly, the logistics and supply chain management community realizes how profoundly Blockchain could affect their industry. To shed light on this emerging field, we conducted an online survey and asked logistics professionals for their opinion on use case exemplars, barriers, facilitators, and the general prospects of Blockchain in logistics and supply chain management. We found most of our participants are fairly positive about this new technology and the benefits it offers. However, factors like the hierarchical level, Blockchain experiences, and the industry sector have a significant impact on the participants' evaluation. We reason that the benefits over existing IT solutions must be carved out more carefully and use cases must be further explored to get a rather conservative industry, like logistics, more excited about Blockchain.

URLhttp://hdl.handle.net/11420/1447
DOI10.15480/882.1444
Institute of Business Logistics and General Management (W-2) | Technische Universität Hamburg
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