ISSN (Print): 3078-4018 ISSN (Online): 3078-4018
Hong Kong International Journal of Research Studies Official Publication of Octopus Publication, Hong Kong
Cover of July-December 2023
research article

Blockchain Technology in Hong Kong Logistics and Supply Chain Management

  • Lam Man Chi
    Hong Kong

Vol. 1 , Issue 1 (2023) · pp. 42-49

Country: Hong Kong

DOI: 10.64180/octopus.112306

Abstract

Blockchain technology has emerged as a transformative force across various industries, with its potential applications in logistics and supply chain management being particularly noteworthy. This paper examines the implementation and impact of blockchain technology within the logistics and supply chain sectors in Hong Kong, a global logistics hub known for its advanced infrastructure and strategic location. Through a comprehensive review of current practices, case studies, and industry interviews, the paper explores how blockchain can enhance transparency, security, and efficiency in supply chain operations. It discusses the technology’s potential to address key challenges such as fraud, counterfeiting, and inefficient tracking systems. The findings suggest that while blockchain holds significant promise for improving logistical processes in Hong Kong, successful adoption will depend on overcoming regulatory, technical, and organizational barriers. The paper concludes with recommendations for stakeholders to facilitate blockchain integration, emphasizing the need for collaborative efforts to fully realize the technology’s benefits in the region's logistics landscape.

Keywords: Blockchain Technology Logistics Supply Chain Management Hong Kong Transparency
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