In this second industry-specific chapter, we reviewed the impact and real-world use cases of blockchain across the transportation and logistics sector. We explored the kinds of issues that the transportation industry needs to address and how blockchain can help solve them.
I explained that blockchain is a viable technology for this industry, as it enables more efficient and cost-effective business operations. For example, it is easy to share original shipping/packing documents using the distributed ledger, which reduces the counterfeiting of documents. We then looked at some key benefits for the transportation industry and how blockchain is transforming day-to-day operations by studying two examples: freight tracking and optimizing performance contracts.
Furthermore, we explored three real-world use cases in the transportation and logistics sector. The first use case told...