Abstract:
To grow the economy of Import/Export in any country, they must have visible, traceable and
trustworthy Logistic Supply chain management. Unfortunately, logistics facing issues like
fraud in transactions, transparency with end user in supply chains, lack of responsibility when
it comes to losses and many more, which can adversely affect the reputation of a logistics
organization or result in contractor’s/customers remorse. To target these problems, research
has been working from long time; recently the logistics industry has just started to take notice
of the Blockchain potential for their business that valuates to a multi-billion-dollar emerging
industry on its own. Blockchain eliminate the requirement of third party trust mediation and
provide smart contract based secured shared ledger, which is openly accessible among
the participants of the system. Provenance and visualization will provide stakeholder level
visibility, traceability and management of contract violation simplification of multi-party
systems delivery etc.
In this research, survey conducted from group of participants belongs to Logistics domain to
cater the common problems they are facing in Logistics Supply chain. Also through literature
review I have identify foundational components of a Blockchain based digital twin of logistics
and transform them in to business process re-engineering patterns, showing the improved
activities of Supply Chain logistics using Blockchain. Based on business process reengineering patterns and survey result, I have proposed the layered Reference architecture for
Blockchain based Logistics. For Reference Architecture evaluation survey conducted to record
user response regarding the optimization of logistics system using Blockchain and I have also
execute the real life scenario of Carbon Logistics flow on the proposed Architecture and show
how it will resolve their problems.
Keeping in view of previous huge losses in Pakistani industrial sectors such as freight sector
and by weighing the impact of the China Pakistan Economic Corridor (CPEC), this is the right
time for Pakistan to take First Movers Advantage and organize activities to build indigenous
expertise in the Blockchain based logistics.
