PROSPECTS AND POSSIBILITIES BLOCKCHAIN TECHNOLOGY APPLICATION IN LOGISTICS

Abstract

The article discusses the problems and prospects for development of the logistics sector in Russia. The concept of blockchain, its main functions and tasks are described. The principles of operation of the system and examples of companies already using this technology are given. Now, in Russia, logistics support for cargo delivery has low quality and economic efficiency indicators. Logistics is in search of new technologies that will simplify and automate the process of accumulating and using data related to document flow, cargo tracking and information storage. Logistics chains can include dozens of links; the more nodes in the chain, the more difficult it is to control them and the more information appears. At the same time, interactions between producers, carriers and consumers are becoming less transparent. Blockchain technologies can solve these problems by reducing the cost of transportation, making information impossible to hack and falsify, and optimizing processing and query times. Purpose: to consider the main problems and challenges arising in the field of logistics that blockchain technologies can solve. Results: obtaining information on how blockchain technology can be applied in logistics, as well as identifying opportunities and prospects for its use. Practical implications: deciding on the implementation of blockchain technology in logistics operations and using its advantages to assess efficiency and competitiveness.

Keywords

• logistics
• blockchain
• block
• transactions
• transportation
• chain