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Blockchain Technology and Smart Contract in Supply Chain: Issues in Maritime Sector
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Author(s): Arbia Hlali (Taibah University, Saudi Arabia), Naser Abdel Raheem Al Ali (Russian University of Transport, Russia), Mohammad Kamrul Hasan (Tongling University, China), Chinyeaka Nwokodi Nwoloziri (Nigerian Defence Academy, Kaduna, Nigeria)and Radwan Eskhita (Lucerne University of Applied Sciences, Switzerland)
Copyright: 2026
Pages: 30
Source title:
Emerging Trends in Smart Logistics Technologies
Source Author(s)/Editor(s): Arbia Hlali (Taibah University, Saudi Arabia)
DOI: 10.4018/979-8-3373-2434-0.ch011
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Abstract
The maritime industry faces significant challenges, including inefficiencies, fraud, and a lack of transparency in the supply chain. Companies like Maersk are exploring blockchain technology and smart contracts to address these issues through secure and automated transactions. This chapter examines the transformative potential of blockchain technology and smart contracts within the maritime transport sector, aiming to provide a comprehensive overview of their current applications and future possibilities in the maritime supply chain. The chapter concludes that the adoption of these technologies is not without challenges, including regulatory hurdles, integration issues, and the need for standardization. By analyzing both the benefits and obstacles associated with blockchain and smart contracts, this study aims to elucidate their role in the transformation of the maritime sector.
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