The Applications of Blockchain and Artificial Intelligence in Logistics

There are many advantages to using the technologies of blockchain and artificial intelligence in businesses. Since computers and other machines were created, their capacity to carry out a variety of activities has increased tremendously in recent years. In several fields of employment, people have...

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Main Author: Gabriela Călinescu
Format: Article
Language:English
Published: Editura ASE Bucuresti 2022-12-01
Series:Romanian Economic Journal
Subjects:
Online Access:http://www.rejournal.eu/article/applications-blockchain-and-artificial-intelligence-logistics
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author Gabriela Călinescu
author_facet Gabriela Călinescu
author_sort Gabriela Călinescu
collection DOAJ
description There are many advantages to using the technologies of blockchain and artificial intelligence in businesses. Since computers and other machines were created, their capacity to carry out a variety of activities has increased tremendously in recent years. In several fields of employment, people have created robust computer systems that speed up processes and cut down on the amount of time needed to complete a task. The aim of this paper is to demonstrate how relying on blockchain and artificial intelligence for logistic processes can greatly improve their efficiency. In order to achieve this purpose, analyses were conducted on academic writings and research done by various authors and specialists. Moreover, the method of the case study was used. The results show that, in the logistics sector, blockchain technology and artificial intelligence have several potential advantages and uses, including traceability, transparency, smart contracts, authenticity verification, freight tracking, and cybersecurity. However, there is still confusion and skepticism regarding the use of these new technologies.
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spelling doaj.art-83cd44c20600425796cf94f0bc67ee432022-12-22T03:53:33ZengEditura ASE BucurestiRomanian Economic Journal1454-42962286-20562022-12-01XXV84698110.24818/REJ/2022/84/06The Applications of Blockchain and Artificial Intelligence in LogisticsGabriela Călinescu0PhD candidate, Bucharest University of Economic Studies, Bucharest, Romania; gabrielacalinescu07@gmail.com There are many advantages to using the technologies of blockchain and artificial intelligence in businesses. Since computers and other machines were created, their capacity to carry out a variety of activities has increased tremendously in recent years. In several fields of employment, people have created robust computer systems that speed up processes and cut down on the amount of time needed to complete a task. The aim of this paper is to demonstrate how relying on blockchain and artificial intelligence for logistic processes can greatly improve their efficiency. In order to achieve this purpose, analyses were conducted on academic writings and research done by various authors and specialists. Moreover, the method of the case study was used. The results show that, in the logistics sector, blockchain technology and artificial intelligence have several potential advantages and uses, including traceability, transparency, smart contracts, authenticity verification, freight tracking, and cybersecurity. However, there is still confusion and skepticism regarding the use of these new technologies.http://www.rejournal.eu/article/applications-blockchain-and-artificial-intelligence-logisticsartificial intellligenceblockchainlogistics
spellingShingle Gabriela Călinescu
The Applications of Blockchain and Artificial Intelligence in Logistics
Romanian Economic Journal
artificial intellligence
blockchain
logistics
title The Applications of Blockchain and Artificial Intelligence in Logistics
title_full The Applications of Blockchain and Artificial Intelligence in Logistics
title_fullStr The Applications of Blockchain and Artificial Intelligence in Logistics
title_full_unstemmed The Applications of Blockchain and Artificial Intelligence in Logistics
title_short The Applications of Blockchain and Artificial Intelligence in Logistics
title_sort applications of blockchain and artificial intelligence in logistics
topic artificial intellligence
blockchain
logistics
url http://www.rejournal.eu/article/applications-blockchain-and-artificial-intelligence-logistics
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