Blockchain holds great promise for the Logistics & Supply Chain industry. The distributed ledger of blockchain could greatly enhance collaboration among shippers, carriers, and forwarders as well as producers and manufacturers. With blockchain transactions could be verified, recorded and coordinated autonomously without third parties. This holds the promise of eliminating a layer of complexity and introducing opportunities for reliable provenance tracking in the Blockchain can enable reliable tracking of goods in Logistics & Supply Chain Blockchain also holds the promise of cutting through the , and also can help to reduce delays caused by manual, often “paper-based” documents being sent back and forth by post, email, and faxprocesses.
However, since blockchain technology is still not widely adopted, there are many challenges to overcome before it blockchain can be successfully deployed at scale widely in the logistics & supply chain industry. According to DHL’s research, “Likely the biggest challenge will be achieving successful industry adoption through collaboration and even co-opetition between diverse Logistics & Supply Chain stakeholders that have legacy processes and varying interests.”
A Hyperledger Logistics & Supply Chain SIG could help overcome address some of these challenges and propose a way forward that is neutrally basedby bringing the collective wisdom of the community in a vendor-neutral, open source manner, using the Hyperledger open-source blockchain framework. With blockchain, there is an opportunity to create a level of trust that enables multiple trading partners to collaborate more easily.Since 2017 we have seen a number of interesting proofs of concept (POCs) and pilots deployed in this sector that is based on Hyperledger frameworks.
Blockchain can be used for asset management, to improve transparency and traceability, and to automate commercial processes with “smart contracts,” which facilitate and verify the performance of contracts without third parties. The potential for blockchain in Logistics & Supply Chain is significant. However, moving from concepts and pilot applications to actually deploy viable solutions will require the technology to be further developed, organizational transformation and a willingness to collaborate between all stakeholders. Success depends on all parties working together to transform legacy processes and to jointly adopt new ways of creating value for this space. It is time to create a platform for our community to share knowledge and build collaborative efforts, learning from each other’s experiences, successes, and challenges.
The Logistics & Supply Chain Special Interest Group (LSC-SIG) will be focused on applying distributed ledger technology in general, and Hyperledger technologies in particular, to supply chain track & trace, import/export, prevention of fake goods, customs, duties & tariffsall relevant use cases in logistics and supply chain industry.
Who can join this SIG:
- This is open to all verticals engaged in blockchain initiatives for logistics & supply chain use cases – e.g. Transportation, Shipping, Semiconductors, Retail, Healthcare, Pharma, etc.
- Types of organizations may include carriers, shippers, manufacturers, 3PL, Software/Hardware vendors, public sector agencies, service providers, consultants, etc.
- The SIG will delve into both technical and business discussions and project activities, in collaboration with Hyperledger's technical steering committee.
The activities of the LSC-SIG will include:
As with all Hyperledger Working and Special Interest Groups, the Logistics & Supply Chain SIG will be open to everyone and an inclusive environment for both technical and non-technical entities.
This group would strive to remain an action-oriented group, where we work together on projects that have tangible timelines and outputs for the benefit of the community.
We are open to what the “work products” of the group will be: documents, new project proposals, reports, demos, videos, infographics. The aim is to bring the industry together and enable collaboration . The anticipated initial work products will include (but are not limited to) a set of documents describing Logistics & Supply Chain use cases for blockchain technology. This will be an inventory of example use cases which captures common processes, which may suggest applications that are built or could be built using software being developed at Hyperledger. If existing inventories of such use cases exist, those should be identified and reviewed as well. The that simplifies and promotes adoption of blockchain for the industry as a whole.
The group should aim to identify common ground for collaboration between members, tackling the biggest challenges of the space. The LSC-SIG may also host sub-groups, and in-person meetings intended to accelerate the working groupSIG's mission .
Another suggested work product would be to produce a neutral Logistics & Supply Chain report/white paper, based on the use cases, that demonstrates how Logistics & Supply Chain tracking, shipping, delivery, and authenticity can be improved using blockchain technology based on Hyperledger.
Another suggested project would be to work together on a Logistics & Supply Chain demo to be shown at the Consensus event in April 2019. and foster a sense of community among members.
LSC-SIG Home Page and Mailing List:
Vice Chair: Joshua Satten, Blockchain Partner North America, Wipro Limited
Note: There will be a 3-month election and any member of the SIG may volunteer to be the chair, and there will be a poll to determine winner. is an opportunity to re-elect new Chair and Vice Chair roles every 3 months. Anyone can raise their hands if they have ideas on taking this SIG to new heights. We will have the SIG members decide via an online poll/survey on who they want to pick as their chair, vice chair once a quarter.
NOTE: As part of this proposal, the Hyperledger SIG working processes as described here will be followed: https://wiki.hyperledger.org/groups/sig-application