Applying Blockchain as a Boost for Logistics: A Case of Vietnam

Abstract

In the wave of industrial revolution 4.0, Blockchain is considered a "key" technology for digital transformation and building the future information technology platform. With the ability to share real-time transparent data information, save storage space and high security, blockchain technology is one of the breakthrough technology trends, capable of wide application in many professions and fields. Blockchain is a new technology that has been mentioned a lot in recent times. If voted for today's most outstanding new technology, then blockchain and its application in many fields will certainly be. In addition, as a core in the Internet of Things (IoT), the influence and development of blockchain will go even further in the era of the 4.0 revolution. In the blockchain's influence, the blockchain is a key driver of the growth of this sector. The objective of the paper is to introduce an overview of the blockchain as well as its impact on logistics and the proposed solutions to enhance the role of blockchain in logistics of Vietnam. This paper finds out some great roles and it is necessary to apply it in our work.