Blockchain in logistics: Mapping the opportunities in con-struction industry

Ari Sivula*, Ahm Shamsuzzoha, Petri Helo

*Corresponding author for this work

Research output: Contribution to journalConference articlepeer-review

11 Citations (Scopus)

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 languageEnglish
Pages (from-to)1954-1960
Number of pages7
JournalProceedings of the International Conference on Industrial Engineering and Operations Management
Volume2018
Issue numberSEP
Publication statusPublished - 2018
Event3rd North American IEOM Conference. IEOM 2018 -
Duration: Sep 27 2018Sep 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

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