Blockchain Technology in Hong Kong Logistics and Supply Chain Management
Keywords:
Blockchain Technology, Logistics, Supply Chain Management, Hong Kong TransparencyAbstract
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.
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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.