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A peer-to-peer platform for decentralized logistics

In: Digitalization in Supply Chain Management and Logistics: Smart and Digital Solutions for an Industry 4.0 Environment. Proceedings of the Hamburg International Conference of Logistics (HICL), Vol. 23

Author

Listed:
  • Gallay, Olivier
  • Korpela, Kari
  • Tapio, Niemi
  • Nurminen, Jukka K.

Abstract

We introduce a novel platform for decentralized logistics, the aim of which is to magnify and accelerate the impact offered by the integration of the most recent advances in Information and Communication Technologies (ICTs) to multi-modal freight operations. The essence of our peer-to-peer (P2P) framework distributes the management of the logistics operations to the multiple actors according to their available computational resources. As a result, this new approach prevents the dominant players from capturing the market, ensures equal opportunities for different size actors, and avoids vendor lock-in. The latest ICTs such as Industrial Data Space (IDS), Blockchain, and Internet-of-Things (IoT) are used as basic building blocks which, together, enable the creation of a trusted and integrated platform to manage logistics operations in a fully decentralized way. While IDS technology allows for secured data exchange between the different parties in the logistics chain, Blockchain technology handles transaction history and agreements between parties in a decentralized way. IoT enables the gathering of real-time data over the logistics network, which can be securely exchanged between the different parties and used for managing the decision-making related to the control of the freight transportation activities. The practicability and the potential of the proposed platform is demonstrated with two use cases, involving various actors in the logistics chains.

Suggested Citation

  • Gallay, Olivier & Korpela, Kari & Tapio, Niemi & Nurminen, Jukka K., 2017. "A peer-to-peer platform for decentralized logistics," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Kersten, Wolfgang & Blecker, Thorsten & Ringle, Christian M. (ed.), Digitalization in Supply Chain Management and Logistics: Smart and Digital Solutions for an Industry 4.0 Environment. Proceedings of the Hamburg Inter, volume 23, pages 19-34, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
    • Handle: RePEc:zbw:hiclch:209300
    DOI: 10.15480/882.1473
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    References listed on IDEAS

    as
    1. Liran Einav & Chiara Farronato & Jonathan Levin, 2016. "Peer-to-Peer Markets," Annual Review of Economics, Annual Reviews, vol. 8(1), pages 615-635, October.
    2. Justus Haucap & Ulrich Heimeshoff, 2014. "Google, Facebook, Amazon, eBay: Is the Internet driving competition or market monopolization?," International Economics and Economic Policy, Springer, vol. 11(1), pages 49-61, February.
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    Cited by:

    1. Melkonyan, Ani & Gruchmann, Tim & Lohmar, Fabian & Kamath, Vasanth & Spinler, Stefan, 2020. "Sustainability assessment of last-mile logistics and distribution strategies: The case of local food networks," International Journal of Production Economics, Elsevier, vol. 228(C).
    2. Christoph Heinbach & Pascal Meier & Oliver Thomas, 2022. "Designing a shared freight service intelligence platform for transport stakeholders using mobile telematics," Information Systems and e-Business Management, Springer, vol. 20(4), pages 847-888, December.
    3. Twenhöven, Thomas & Petersen, Moritz, 2019. "Impact and beneficiaries of blockchain in logistics," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Kersten, Wolfgang & Blecker, Thorsten & Ringle, Christian M. (ed.), Artificial Intelligence and Digital Transformation in Supply Chain Management: Innovative Approaches for Supply Chains. Proceedings of the Hamburg Int, volume 27, pages 443-468, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.

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