Blockchain-Driven Logistics Using Ethereum: A Review

Abstract

Everyday life depends heavily on the supply chain, and its traceability guarantees the quality and safety of the products. Thus, there is a pressing need for an effective and trustworthy solution to enhance logistic traceability. Traditional traceability systems suffer from low tracking efficiency and inconsistent data. However, the developing blockchain technology promises to improve these issues by being transparent, tamper-proof, and decentralised. This article analyses previous research, highlights problems, and investigates logistic traceability options based on blockchain. First, the conventional traceability approach and stakeholder demands are explained, along with the fundamentals of blockchain technology. Next, a thorough evaluation and analysis of the current publications and enterprise applications is conducted. Lastly, difficulties and potential lines of inquiry are explored. Subsequent studies may concentrate on developing focused consensus processes, creating suitable access controls, examining the function of regulators in the supply chain, etc. This analysis demonstrates that although there are still many obstacles to overcome, blockchain offers a lot of promise to solve traceability problems.