3rd North American International Conference on Industrial Engineering and Operations Management

Blockchain in Logistics: Mapping the Opportunities in Con-struction Industry

Ari Sivula, Ahm Shamsuzzoha & Petri Helo
Publisher: IEOM Society International
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Track: Construction Management
Abstract

Blockchain is a promising emerging technology for wide range of industries. Blockchain provides a decentralized 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. However, 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.

Published in: 3rd North American International Conference on Industrial Engineering and Operations Management, Washington D.C., USA

Publisher: IEOM Society International
Date of Conference: September 27-29, 2018

ISBN: 978-1-5323-5946-0
ISSN/E-ISSN: 2169-8767