Blockchain-based Regulatory Framework for Logistics Management

Logistics transportation have developed rapidly in recent years. As technology advances, the goods that can be transported by logistics are becoming more and more expensive. Besides, due to the increasing demand for transportation, complex logistics management has become a problem. In order to avoid huge economic losses caused by management problems, we proposed a blockchain-based regulatory framework for logistics management. With this framework, the logistics transmission process becomes transparent and well regulated. The key information of the whole logistics transportation process will be recorded on the chain, including key transportation nodes, cargo status, operators, etc. Besides, we further use these on-chain information for intelligent supervision. The logistics information is encoded into a sequence vector, and deep learning is used for automated supervision to reduces the difficulty of administrator’s work. If there is an abnormal state of an item or a strange shipping route, it will cause an alarm. The framework includes three modules, an information registration module, a data encoding module, and a data monitoring module. We implement these modules based on Hyperledger Fabric. The experiments on real-world datasets show that our framework is efficient.