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How is blockchain technology applied to logistics?

Author:Hubi Date:2018-07-25 14:21:18

Japanese mathematician Wang Yuexin believes that the express logistics industry is very suitable for the application of blockchain technology, which can be called the logistics blockchain.


Through the “flow visibility” of the blockchain, the data management of cargo transportation and warehousing is enhanced, the efficiency of handling, transportation, loading and unloading and warehousing is improved, and the supply chain is opened by using point-to-point technology to make the supply chain operate more efficiently. "Zero Trust Cost" is combined with the blockchain 3.0 technology to significantly improve the processing speed and efficiency of the settlement business in the express logistics industry. It uses the big data + Internet of Things to effectively solve the problem of retrospective anti-counterfeiting of articles, fully guarantee information security and send, Recipient's privacy.


If the blockchain technology is applied to the logistics field, can it be reflected in those scenarios?


Scene 1: Express insured price

Around the insured price scenario, the courier company carries out the transportation of goods, the insurance company provides the commodity insured price, the merchant provides the merchandise sales, the seller purchases the insured service, and the government conducts industry supervision.


So what do you want to record on the blockchain? There are several key points. The logistics details, accounts, identities, claims, and other reference data of the goods are recorded in the logistics blockchain.


This can also be called a new application of the Internet of Things. When the customer signs the package normally, it automatically triggers the account settlement, the contract ends normally, and the automatic settlement of the premium ends. If there is a problem or a lost item, the insurance company claims process is triggered.


Scene 2: Public Service Express

For charitable activities, such as the “Penny” campaign, a penny is paid out of the cost of each charity package to the account of the nonprofit organization. In this scenario, the courier company still undertakes the transportation of goods, the non-profit organization provides the implementation of public welfare activities, and the poverty alleviation merchants provide the sales of public welfare poverty alleviation goods.


Then the blockchain records the logistics details of the goods. After the package is signed, it will be recorded on the blockchain. This is also called the new application of logistics + blockchain. It automatically triggers the public welfare account from the logistics company through Big Data + Internet of Things. Transfer to an account of a nonprofit organization. When the charity event is over, the whole process is open and transparent, avoiding the public's distrust of social welfare activities.


Scenario 3: Industry blacklist sharing

The logistics blockchain allows each company to record the blacklist of employees to the blockchain. Other companies can also query, and big data + Internet of Things, information can not be modified, and can be traced back to where this person is. What kind of inappropriate behavior the company has done.


Scenario 4: Supervision of security incidents in postal delivery channels

Many express delivery companies will install security screening machines. Standing committee Peng Xiaoming said: "The government also wants to know whether each logistics company has a transportation safety hazard incident." Logistics + blockchain new application through distributed accounting mode, let each courier company In the event of a security incident, the effective information of the security incident is recorded on the blockchain so that the regulator can monitor it in real time and cannot tamper with it.