Application of blockchain and smart contracts in autonomous vehicle supply chains: An experimental design

【Author】 Arunmozhi, Manimuthu; Venkatesh, V. G.; Arisian, Sobhan; Shi, Yangyan; Sreedharan, V. Raja

【Source】TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW

【影响因子】10.047

【Abstract】With the rise of digital sustainable business models in the Autonomous Vehicles (AV) industry, the traditional automakers are undergoing a major restructuring in their key performance areas and associated supply chains processes. Focusing on an innovative AV design (AD) concept, this paper investigates how Artificial Intelligence (AI) and Blockchain-based Smart Contracts can enhance sustainable supply chain operations. A novel design element, Margin Indicator (MI), is developed to obtain reliable predictive analytics results from the mainstream machine learning algorithms. The proposed approach supports a robust control of costs and energy, while maintaining a high level of transparency in managing decentralized AV supply chain processes, monetary impacts, and environmental sustainability. Testing the developed concept through a preliminary case study, we observed a reduction in energy wastage and hidden financial transactions by 12.48% and 11.58%, respectively. Supported by the rapid advancement in the blockchain and AI tech-nologies, the developed framework is expected to improve product traceability, transaction transparency, and sustainable economic growth for the AV supply chains.

【Keywords】Digital supply chain; Blockchain; Smart contract; Artificial intelligence; Autonomous vehicle; Sustainable logistics

【发表时间】2022 SEP

【收录时间】2022-11-02

【文献类型】实证数据

【主题类别】

区块链技术-协同技术-机器学习