Cargo chain: Cargo Management in Port Logistics with Blockchain Technology

Efficient port management and logistics operations are critical to global trade and transportation services. However, current port logistics transport systems are highly centralized and offer limited opportunities for collaboration between different stakeholders. In addition, existing systems fail to provide traceability, transparency, information security, and immutability of data stored and exchanged during various operational processes. As a result, the productivity of port terminals is adversely affected, Blockchain is an emerging technology that provides traceability, transparency, and audibility through immutable provenance data of trusted on-chain transactions decentralized without intermediaries or trusted third parties. In this research, we discuss the potential role of blockchain technology for port logistics operations and services. We present frameworks that improve port logistics operations and utilize permissioned blockchain architectures to design a cargo chain for the port. Finally, we outline open research issues and challenges that are barriers to adoption.