Blockchain Enabled Framework For Transport & Logistics

Abstract

The transport and logistics industry plays a pivotal role in global commerce, ensuring the efficient movement of goods and services. However, it faces various challenges, including issues related to transparency, security, and trust within the supply chain. This thesis presents a comprehensive examination of the potential of blockchain technology to address these challenges and proposes a novel Blockchain-Enabled Framework for Transport and Logistics to enhance the industry’s operations. The research begins with a thorough review of the current state of the transport and logistics sector, highlighting its key pain points and inefficiencies. It then delves into an in-depth exploration of blockchain technology, elucidating its fundamental principles and discussing its relevance and potential benefits for the industry. The Hyperledger-based RBAC framework is introduced as a transformative approach to address the industry’s issues. This framework leverages blockchain technology to create a decentralized, tamper-resistant, and transparent ledger of all supply chain activities. It encompasses key components such as smart contracts, distributed ledger technology, and cryptographic techniques to ensure the integrity and security of data throughout the supply chain. The proposed Blockchain-Enabled Framework for Transport and Logistics offers a promising avenue for the industry to overcome its existing challenges and streamline its operations. By leveraging the advantages of blockchain technology, the platform enhances transparency, security, and trust within the supply chain, ultimately contributing to a more efficient and resilient transport and logistics ecosystem.