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Blockchain-based applications in shipping and port management: a literature review towards defining key conceptual frameworks - 2020

Blockchain-Based Applications In Shipping And Port Management: A Literature Review Towards Defining Key Conceptual Frameworks

Research Area:  Blockchain Technology

Abstract:

The purpose of this paper is to examine and to categorize the tendencies of blockchain-based applications in the shipping industry and supply chain as well as the interrelations between them, including possible correlation of found categories with theoretical background and existing concepts. This study also explores whether blockchain can be adopted into existing maritime shipping and port document workflow management.The current study builds a conceptual framework through a systematic project review carried along with scientific and grey literature, published in journals and conference proceedings during the past decade and giving information or proposals on an issue.The results showed that reviewed projects can be compiled into three main conceptual areas: document workflow management, financial processes and device connectivity. However, having clear interlinkages, none of the reviewed projects consider all three areas at once. Concepts associated with maritime document workflow received broad support among the reviewed projects. In addition, reviewed projects unintentionally follow the similar goals that were laid down within port management scientific projects before the introduction of blockchain technology.This study contributes to research by revealing a consistent framework for understanding the blockchain applications within maritime port environment, a less-studied part of blockchain implementation in the supply chain field. Moreover, this work is the first to find out conceptual intersections and correlations between existing projects, mapping current tendencies and potentially increasing knowledge about the field.

Keywords:  

Author(s) Name:  Sergey Tsiulin, Kristian Hegner Reinau, Olli-Pekka Hilmola, Nikolay Goryaev, Ahmed Karam

Journal name:  Review of International Business and Strategy

Conferrence name:  

Publisher name:  Emerald Publishing

DOI:  10.1108/RIBS-04-2019-0051

Volume Information:  Volume 30,Issue 2