Proceedings of the 2nd International Scientific and Practical Conference “Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth” (MTDE 2020)

Digitalization of the Transport Industry: Technology of Blockchain

Authors
A.A. Bilyalova, I. Vaslavskaya, R. Gaifutdinova
Corresponding Author
A.A. Bilyalova
Available Online 5 May 2020.
DOI
https://doi.org/10.2991/aebmr.k.200502.024How to use a DOI?
Keywords
digitalization of the economy, transport industry, Blockchain technology
Abstract

Transport development trends and the digitalization of the economy pose new requirements for the level of service and the quality of freight transport, which are difficult to maintain without optimizing transport and logistics costs. To optimize the management of freight transport in modern conditions, it is necessary to use modern intelligent information technologies, methods of information and conceptual computer modeling of supply chains that will virtualize transport resources to further build an optimal development for managing this activity. The article analyzes the use of intelligent information technology Blockchain technology in the management of transport processes, which can improve the quality of transport and forwarding services. The authors describe examples of the use of Blockchain technology in the transport industry in such well-known companies as Ryder, BiTA, the Plato system, MTI (Marine Transport International (UK) Limited), Toyota. Based on the experience of using Blockchain technology, the authors identify the advantages and disadvantages of Blockchain technology in the transport industry. As a result, it was concluded that Blockchain technology will become one of the key tools of the digital society, which will not only optimize various processes, but will bring simplicity, transparency and efficiency to the transport and logistics industry.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Cite this article

TY  - CONF
AU  - A.A. Bilyalova
AU  - I. Vaslavskaya
AU  - R. Gaifutdinova
PY  - 2020
DA  - 2020/05/05
TI  - Digitalization of the Transport Industry: Technology of Blockchain
BT  - Proceedings of the 2nd International Scientific and Practical Conference “Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth” (MTDE 2020)
PB  - Atlantis Press
SP  - 152
EP  - 156
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200502.024
DO  - https://doi.org/10.2991/aebmr.k.200502.024
ID  - Bilyalova2020
ER  -