Abstract
Abstract Blockchain technology plays a very positive role in promoting the development of the port supply chain. Although there are some practical examples of blockchain in the port supply chain (eg. Trade Len or Cargo Smart), there are few application scenarios. Therefore, blockchain technology has yet to be widely used in the port industry. This may be related to the construction of blockchain. This paper analyzes the impact of blockchain technology on the port supply chain and the technology sharing on the shipping market. It is found that the investment of blockchain technology in a competitive environment has different characteristics. When the efficiency of technology investment and the proportion of market expansion reach a certain combination, there are two different equilibrium strategy choices: Only technology investment or technology sharing. Based on the above research results, this paper further investigates the results of the comprehensive influence of different factors such as competition intensity and market expansion proportion.
Highlights
1.1 Background and Motivation Blockchain technology has gradually attracted widespread attention in the field of the industrial supply chain[1−3]
The structure of the paper is arranged as follows: In Section 2, we review the literature; In Section 3, the basic model and the model are introduced; In Section 4, we analyze the market and economic effect under the port competition state to find out the optimal investment scheme of the corresponding blockchain technology; In Section 5, based on satisfying the technological investment of blockchain, considering the market and economic effects of port technology sharing, a reasonable sharing scheme is proposed; In Section 6, we consider the stability of the results from the perspective of the change of competition parameters
Based on the analysis of the first stage, we examine the impact of investment on competitive ports’ operation from the perspective of blockchain technology investment, aiming to find a reasonable technology investment strategy from the perspective of investment efficiency to meet the requirements of balanced income and strategy
Summary
1.1 Background and Motivation Blockchain technology has gradually attracted widespread attention in the field of the industrial supply chain[1−3]. It can promote the transformation of the supply chain to higher transparency, lower cost, and faster business operation efficiency. Blockchain Technology Investment and Sharing Strategy of Port Supply Chain. Combined with the existing research results, we comprehensively consider the impact of port investment blockchain technology in the competitive environment, namely, the discussion is divided into two stages. We are considering the impact on the market and economic effects of a single port investing in blockchain technology in a competitive environment. We will discuss the contribution of the paper and the main findings
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