Logistics Model Based on Smart Contracts on Blockchain and IoT

Abstract

Many goods require certain conditions for their storage, such as temperature, humidity and arrangement, which are strictly specific. These include dangerous goods, medicines and goods with a limited shelf life. Servicing them in warehouses is an important task in order to be able to establish and monitor the flow of their transportation from the manufacturer’s warehouse to the end user. In this context, the use of modern technologies, such as IoT, makes it possible to facilitate the activity of logistics centers on the storage, receipt and loading of goods, tracking their location and condition, as well as the inventory of their availability. This paper proposes an integration model of blockchain technology and IoT for logistics business. This model uses smart contracts on the blockchain, and it is suitable for managing cross-docking warehouses and transportation.

Keywords

• IoT
• blockchain
• Hyperledger fabric
• logistics
• transportation