Blockchain Technologies in the Information Provision of Logistic Services

Abstract

The article is aimed at defining the potential benefits of using blockchain technology in logistics and possible scenarios for their use in the information provision of logistic services. It is defined that the introduction of blockchain technology in logistics makes it possible to store data in the necessary amount, to protect documents from fraudsters, to prevent the possibility of changing digital information about the transportation process. This system can definitely reduce the costs of suppliers for delivery and the likelihood of actions of fraudsters, while preserving the financial resources of all participants in logistic processes. At the same time, identifying the potential benefits of introducing blockchain technology into logistics is defined by using a structure that outlines the impact of this introduction on the organizational structures and processes. In the first phase, the attributes of the innovation structure need to be applied to determine possible uses in accordance with five innovative characteristics: relative advantage, compatibility, complexity, opportunity of test and observability, thus providing a theoretical basis for classifying the relevant supplements. The second phase presents an additional structure, wherein four different stages of transformation are allocated. This structure will help logistics managers better understand various aspects of the blockchain problems, such as the desirable or even necessary level of cooperation and consensus, as well as legislative and regulatory hurdles.

Keywords

• blockchain
• innovations
• innovation structure
• information provision
• logistics