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Impact and beneficiaries of blockchain in logistics

In: Artificial Intelligence and Digital Transformation in Supply Chain Management: Innovative Approaches for Supply Chains. Proceedings of the Hamburg International Conference of Logistics (HICL), Vol. 27

Author

Listed:
  • Twenhöven, Thomas
  • Petersen, Moritz

Abstract

Purpose: Blockchain in logistics is slowly moving beyond the hype. Against this background, we investigate the current expectations concerning the impact and possible beneficiaries of Blockchain applications in the logistics services industry. Methodology: We conduct an online survey among logistics professionals to understand their expectations regarding specific use cases, potential issues, and general developments. Specifically, we ask the respondents to evaluate impacts and beneficiaries of three actual Blockchain projects from the logistics domain. Findings: We find that industry professionals are still optimistic about Blockchain and expect it to make an impact on both communication effectiveness and costs in the industry. However, we also find that the expected impact and beneficiaries strongly depend on the underlying use case. Originality: While there is a fast-growing body of research on Blockchain in the logistics industry, the specific impacts and beneficiaries of Blockchain usage as they relate to different use cases have received little attention to date.

Suggested Citation

  • Twenhöven, Thomas & Petersen, Moritz, 2019. "Impact and beneficiaries of blockchain in logistics," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Kersten, Wolfgang & Blecker, Thorsten & Ringle, Christian M. (ed.), Artificial Intelligence and Digital Transformation in Supply Chain Management: Innovative Approaches for Supply Chains. Proceedings of the Hamburg Int, volume 27, pages 443-468, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
    • Handle: RePEc:zbw:hiclch:209381
    DOI: 10.15480/882.2479
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    References listed on IDEAS

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    2. Hackius, Niels & Petersen, Moritz, 2017. "Blockchain in logistics and supply chain: Trick or treat?," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Kersten, Wolfgang & Blecker, Thorsten & Ringle, Christian M. (ed.), Digitalization in Supply Chain Management and Logistics: Smart and Digital Solutions for an Industry 4.0 Environment. Proceedings of the Hamburg Inter, volume 23, pages 3-18, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
    3. Andy C L Yeung, 2006. "The Impact of Third-Party Logistics Performance on the Logistics and Export Performance of Users: An Empirical Study," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 8(2), pages 121-139, June.
    4. Gallay, Olivier & Korpela, Kari & Tapio, Niemi & Nurminen, Jukka K., 2017. "A peer-to-peer platform for decentralized logistics," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Kersten, Wolfgang & Blecker, Thorsten & Ringle, Christian M. (ed.), Digitalization in Supply Chain Management and Logistics: Smart and Digital Solutions for an Industry 4.0 Environment. Proceedings of the Hamburg Inter, volume 23, pages 19-34, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
    5. Witold Nowiński & Miklós Kozma, 2017. "How Can Blockchain Technology Disrupt the Existing Business Models?," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 5(3), pages 173-188.
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