Article Title

Prospects for the use of blockchain technology in the organization of the transportation process and supply chain

Article reference
Mukhamedova Z. G. , Osadchuk V. D. , Tulaev A. U. Prospects for the use of blockchain technology in the organization of the transportation process and supply chain Izvestiia Transsiba – The Trans-Siberian Bulletin, 2022, no. 2(50), pp. 142 – 156.

Abstract

The main purpose of this article is to analyze the tools of blockchain technologies used in the field of supply chains. To achieve this goal, a detailed analysis of individual technologies is carried out, practical examples of their use are given, proving the useful effectiveness of its integration. The spread and formation of information technologies are an existing fact in the modern world. Over the past decades, this direction has determined the main trajectories of the development of the economy, industry and society as a whole, which in turn leads to enormous changes in the aspect of technological progress. The formation and development of the digital environment is one of the top priorities of most developed countries, including the Russian Federation, the USA, Germany and others. Modern technological progress is characterized by the development and formation of various information technologies that contribute to improving the rational use of resources and improving the efficiency of modern enterprises. Currently, there is a huge variety of applied and professional tasks, the most effective solution of which involves the use of various kinds of information technologies. In this article, the question is raised about the relevance of using Blockchain technology, about possible problems of its implementation, about what blockchain can give to various sectors of the economy and logistics. To understand the question of how the blockchain works, the second-generation Ethereum blockchain is taken as a basis, which includes an updated system of smart contracts and much more. Topical issues that blockchain is able to solve in logistics, such as inventory and cargo tracking, authentication, transparency in supply chains, increasing the speed of cargo delivery, and the creation of a freight market, are considered. The possibility is also considered and a description of the application of this technology on the railway network of Uzbekistan is given. This technology is applicable in many sectors of the modern rapidly developing world and is able to accelerate the development of the digital economy.