Paper Title: An Efficient, Traceable, and Transparent Maritime Logistic System Based on Blockchain
Conference Name: KICS_Summer_2024
Abstract: In today's era of global trade, efficient marine logistics are pivotal for international trading. However, conventional logistic frameworks have significant difficulties in traceability, transparency, and conflict resolution, which have become more prominent due to increased globalization. This study introduces an innovative method that uses blockchain technology to enhance marine logistics by incorporating smart contract. In the proposed framework, exporters, logistics providers, and customs authorities use the blockchain to transport goods consistently through an automatic series of steps. The performance of the proposed framework highlights its advantages, specifically the automation of transportation activities, enhanced security through decentralization, and improved traceability. The empirical findings illustrate that efficient logistics operations can lead to fewer disputes and increased efficiency, potentially transforming international trade procedures.