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A Blockchain-IoT Platform for the Smart Pallet Pooling Management
Chun-Ho Wu1, Yung-Po Tsang2, Carman Ka-Man Lee2
1Department of Supply Chain and Information Management, The Hang Seng University of Hong Kong, Shatin, Hong Kong.
Sensors (Basel, Switzerland)
|September 28, 2021
Summary
This study introduces Pallet as a Service (PalletaaS), a decentralized system using blockchain and IoT for efficient pallet pooling. It addresses limitations of single providers, enhancing sustainability and operational effectiveness in logistics.
Area of Science:
- Logistics and Supply Chain Management
- Information Technology in Supply Chains
- Sustainable Logistics
Background:
- Pallet management is critical for supply chains, facing daily operational constraints.
- Pallet pooling offers sustainability benefits but suffers from single-provider limitations like service reliability and quality issues.
- Existing pallet management systems require enhanced efficiency and transparency.
Purpose of the Study:
- To propose a decentralized pallet pooling system, Pallet as a Service (PalletaaS), integrating consortium blockchain and Internet of Things (IoT).
- To investigate the synergy between consortium blockchain and IoT for industrial applications beyond cryptocurrency.
- To address the location-inventory-routing problem within a decentralized pallet pooling framework.
Main Methods:
- Development of a technological ecosystem for pallet pooling using a decentralization mechanism.
- Integration of consortium blockchain (Blockchain 3.0) and IoT for enhanced pallet management.
- Formulation of a layered architecture for system deployment and a case analysis for human-computer interaction and operational illustration.
Main Results:
- Standardization of decentralized pallet management within a closed-loop system.
- Demonstration of improved operational effectiveness and service reliability through a case analysis.
- Validation of the PalletaaS model for sustainable logistics operations.
Conclusions:
- The proposed PalletaaS model offers a robust solution for decentralized pallet management.
- The integration of consortium blockchain and IoT enhances transparency, efficiency, and sustainability in the logistics industry.
- This study provides a constructive impact on sustainable development in logistics through standardized, decentralized operations.
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