Abstract
Blockchain is a promising emerging technology for wide range of industries. Blockchain provides a decen-tralized digital ledger system, which can be utilized effectively when parties does not trust each other's. The decentralized ledger system can be implemented in several ways as a part of logistics activities. How-ever, many barriers exists, why blockchain cannot be used as a part of current logistical solutions. Aim of this paper is to research opportunities of blockchain technology as a digital ledger system in logistics in construction industry. The research shows that blockchain can be utilized, for example, to provide extended customer value, transparency and enhanced service network.
| Original language | English |
|---|---|
| Pages (from-to) | 1954-1960 |
| Number of pages | 7 |
| Journal | Proceedings of the International Conference on Industrial Engineering and Operations Management |
| Volume | 2018 |
| Issue number | SEP |
| Publication status | Published - 2018 |
| Event | 3rd North American IEOM Conference. IEOM 2018 - Duration: Sept 27 2018 → Sept 29 2018 |
Keywords
- Blockchain
- Construction industry
- Logistics
- Opportunities
ASJC Scopus subject areas
- Strategy and Management
- Management Science and Operations Research
- Control and Systems Engineering
- Industrial and Manufacturing Engineering