Blockchain Applications for the Air Cargo Supply Chains
thesis
posted on 2024-09-18, 08:42authored byChun Wai Lau
In the fragmented air cargo industry, the traditional peer-to-peer air cargo messaging for communication has the limitations of lack of transparency in the end-to-end supply chain and complex digital connectivity. With the blockchain characteristics of decentralisation and immutability ensuring data transparency and security, our work proposes to apply blockchain technology for air cargo messaging to streamline the multi-stage communication flow among stakeholders using smart contracts and to act as an intermediary to simplify the digital connections among air cargo stakeholders. Technical performance, cost benefit and adoption challenges are investigated for the feasibility of adopting the blockchain system in the industry.