Authors: Davidović, Tatjana 
Nives Radović, A.
Mihaljević, Miodrag J. 
Todorović, Milan 
Jelić, S.
Affiliations: Computer Science 
Mathematical Institute of the Serbian Academy of Sciences and Arts 
Title: Literature Review on the application of Blockchain Technology in Maritime Supply Chain Systems
First page: 37
Related Publication(s): Book of Abstracts
Conference: 2nd Kotor International Maritime Conference, Kotor, Montenegro, Nov. 27-30, 2022
Issue Date: 2022
Rank: M34
BlockChain (BC) is a specially designed autonomous, distributed
data storage. Autonomy means the removal of external authority of absolute
trust and performing BC maintenance by all participants using the
consensus protocol procedure. Distribution refers to the fact that each
participant has a copy of the whole database to prevent data loss and
misuse. Participants communicate by sending/receiving messages. BC is
characterized by the following properties: immutability, traceability,
consistency, decentralization, pseudo-anonymity, and security. Recently,
the smart contracts have been introduced in BC. They can be signed for a
short-term period to define and control requirements and service quality
of different decentralized applications. All these properties yield the
increase of BC technology applications, among which we emphasize the
maritime supply chain systems (MSCSs). MSCSs are important mode of
transportation and trading industries due to the large capacity of
vessels, relatively clean transportation, and low costs. On the other
hand, the main issues of MSCSs involve long service cycles, complex
structures, complicated documentation, product traceability, gathering
information from multiple sources, and trust issues between trading
parties. BC technology seems to be very promising tool for resolving these
issues and contributing to the development of more reliable and efficient
MSCSs. As the theoretical considerations related to the application of BC
technology in MSCSs started in 2017, while the practical applications
could be seldom found in the relevant literature, we intent to contribute
to this topic within the Montenegro-Serbia Project "Development of
innovative AI based solution for a Blockchain technology in Maritime
Supply chain" (ABMarSupply) from the SMART4ALL Horizon 2020 project:
Bilateral Knowledge Transfer Experiment. The first step is a comprehensive
survey of the existing literature that is a focus of this talk.
Keywords: distributed data storage | autonomous maintenance | reliability | traceability | quality-of-service | energy efficiency

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