The Applicability of Blockchain Technology in the Mobility and Logistics Domain

Wout Hofman*, Christopher Brewster

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

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Abstract

Blockchain technology in the last 3–4 years has attracted a great deal of attention due to its potential for the disruption various sectors of the economy including the financial sector, and more recently the mobility and logistics domain. The technology, which was developed as the foundation for the cryptocurrency bitcoin, has developed much further with creation of ethereum and the concept of “smart contracts.” this chapter discusses the position of blockchain technology in a hyperconnected environment, and analyses a prototypical logistics scenario where the technology could be used. We describe the characteristics of blockchain technology and provide examples of how it is being applied for mobility and logistics. The chapter concludes by considering particular opportunities for mobility and logistics based on the current characteristics of the technology, and also identified a number of challenges faced by the technology.keywordsblockchain technologymobilitylogistics.
Original languageEnglish
Pages (from-to)185-201
JournalTowards User-Centric Transport in Europe
DOIs
Publication statusPublished - 19 Sept 2018

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