A Blockchain Based Design for Maritime Transportation Systems
Download as PDF
Yuhao Zhang, Jiaqi Wu, Haibo Yi, Weiping Deng, Tao Qu
Please describe the main issues in the supply chain. Designing a blockchain-based maritime transportation system involves the following steps: Identify the requirements and stakeholders involved in the transportation process, including shippers, freight forwarders, carriers, ports, customs, and regulatory authorities. Determine the scope of the system, including the type of cargo to be transported, the routes, and the mode of transportation (such as container ships or bulk carriers). Develop a smart contract-based system that can automate key functions, such as cargo tracking and payment processing, while ensuring transparency and security of data. Define the data structure and protocols for recording all relevant information, such as cargo ownership, shipment details, vessel schedules, and port logistics. Implement the blockchain platform, which could be a public or private network, depending on the security and accessibility needs of the system. Integrate the blockchain solution with existing transportation systems and infrastructure, such as RFID tags and GPS tracking devices. Conduct rigorous testing and validation of the system to ensure its efficiency, reliability, and compliance with legal and regulatory frameworks. Establish governance and maintenance procedures for the blockchain system, including roles and responsibilities of stakeholders, dispute resolution mechanisms, and system updates. Blockchain-based maritime transportation systems have several potential applications that can improve efficiency, security, and reliability in the industry.
Blockchain, Maritime Transportation Systems, GPS, transportation process