Supply Chain Sustainability Management Through Blockchain Technology in Maritime Industry

Abstract

AbstractNowadays, integrating new technology into all management processes leads to significant evolution, particularly in the logistics business, which is one of the fourth industrial of Industry 4.0. Blockchain, an emerging idea, provides for the decentralized and unchangeable storing of verified data as integrated technology. The shipping industry has had to look for innovative ways to keep the accelerated growth of the planet on track, in the face of development threats and vulnerabilities from the mild development of foreign markets, expanding protectionism, correcting natural guidance, the current episode of COVID-19 pandemics. One of the successful innovations in blockchain technologies was to promote a computerized market change. It is also making the utilization of blockchain innovation in the maritime industry will empower quicker, more secure and more productive businesses. The objective of this study is to review sustainable in supply chain management through blockchain technology in the maritime industry. This work was done by discussion of literature by classifying the application according to the operation in the shipping process.KeywordsBlockchainSupply chain managementLogisticMaritime industry