Blockchain for Secure and Transparent Maritime Supply Chains

Blockchain technology enhances maritime logistics by improving transparency, data integrity, and efficiency. It allows for precise tracking and secure data verification, minimizing loss and fraud. Smart contracts streamline payments, expediting value exchange. Despite initial resistance, the maritime sector is increasingly integrating blockchain, driven by its potential to revolutionize operations. This technology’s continuous evolution promotes industry competitiveness, offering reliable and efficient global transportation services. This article explores blockchain’s role in maritime supply chains, focusing on development, implementation, security, and transparency, aiming to highlight current and future applications.