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Impacts of Blockchains on International Maritime Trade

Author

Listed:
  • Olivier Lasmoles
  • Mamadou T. Diallo

Abstract

The impact of blockchains on maritime trade has been studied from economic and managerial angles. But their combined study from the legal, economic, and managerial angles has rarely been studied. If the economic stakes are beginning to be identified, the way in which the law defines blockchains is more delicate to understand; the international dimension of maritime transport associated with the various national regulations complicates the analysis. After studying the economic benefits of blockchains on maritime trade we analyzed the legal benefits and the outstanding legal issues. These analyses led to a study of the relationship between the maritime supply chain and blockchains. This study shows that the adoption of this innovative technology by maritime trade actors will have many economic, logistical, and legal consequences that cannot be dissociated and are nevertheless systematically dissociated; but that it is difficult to clearly identify or confirm due to the small number of case studies. JEL Codes: O33, R40

Suggested Citation

  • Olivier Lasmoles & Mamadou T. Diallo, 2022. "Impacts of Blockchains on International Maritime Trade," Journal of Innovation Economics, De Boeck Université, vol. 0(1), pages 91-116.
    • Handle: RePEc:cai:jiedbu:jie_pr1_0114
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    More about this item

    Keywords

    Law and Economics; Transportation Economics; Management of Technological Innovation and R&D; Blockchains;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General

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