Abstract
Purpose. This paper aims to design the contract and present the profit distribution mechanism for CL platform, so as to realize the intelligent and automatic operation of the artificial intelligent- (AI-) based CL platform. Design/Methodology. A smart contract based on BT is designed for the AI-based CL platform. Profit distribution mechanism based on the Nash bargaining model for the CL platform is also put forward to coordinate different participators’ benefit relationship in CL. Findings. The AI-based CL platform and the proposed smart contract based on BT map the scenario which may be influenced by human factors and involve trust issues onto execution of codes. Practical Implications. The study will help CL practitioners in establishing effective profit mechanism and designing contracts on the platform, thus facilitating its sustainable operation. Originality/Value. The AI-based CL platform with BT smart contract can be totally free of human intervention, and hence, the problems of trust during CL platform’s operation are solved.
Highlights
Logistics industry has been the third source of profit after saving resource and cutting human cost
Applying cloud computing into logistics industry is able to solve the aforementioned problems in logistics industry. erefore, a new service-oriented mode of logistics based on cloud computing, named cloud logistics (CL), has been put forward, and especially, we have proposed an artificial intelligent- (AI-)based CL platform [3]
A smart contract for the AIbased CL platform is designed, and as described in its execution procedures, two kinds of mechanism are essential for the design and execution of the smart contract, which are incentive: penalty mechanism and profit distribution mechanism
Summary
Logistics industry has been the third source of profit after saving resource and cutting human cost. All the allocation and scheduling of logistics tasks and resources are done on the AI-based CL platform through its built-in algorithms, which are intelligent and automated without human intervention. Both resource providers and service demanders are anonymous to each other and will be satisfied with the scheduling and allocation of the AI-based CL platform. The proposed profit distribution mechanism can be realized and implanted into smart contract’s execution algorithm so that the platform can operate intelligently and automatically.
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