A Study on the Blockchain-Based Bill of Lading System to Improve Usability


KIPS Transactions on Software and Data Engineering, Vol. 11, No. 7, pp. 283-290, Jul. 2022
https://doi.org/10.3745/KTSDE.2022.11.7.283,   PDF Download:
Keywords: Blockchain, Bill of Lading, Smart Contract, Dapp
Abstract

Blockchain is a technology that secures integrity and transparency by distributing and storing transaction details within multiple node networks. Recently, research is being conducted to secure integrity by applying blockchain to Bill of Lading (B/L documents) of monetary value. In this paper, we study a blockchain-based bill of lading system to improve usability. The shippers register the issued bill of lading on the blockchain, and banks in each country read it to conduct L/C transactions. The consignees receive the goods after completing certification with a quick response code (QR) containing the bill of lading information. Through this, shippers enjoy merits in that they can shorten the time and cost of sending shipping documents by mail and prove the integrity of the documents. The consignees have the advantage of being able to check the documents at the same time as they are registered and trust the transaction. Finally, on the bank side, the security of shipping documents is ensured and verification can be done quickly.


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Cite this article
[IEEE Style]
J. Lee, H. Kim, C. Sung, J. Kim and S. Kim, "A Study on the Blockchain-Based Bill of Lading System to Improve Usability," KIPS Transactions on Software and Data Engineering, vol. 11, no. 7, pp. 283-290, 2022. DOI: https://doi.org/10.3745/KTSDE.2022.11.7.283.

[ACM Style]
Ju-young Lee, Hyun-a Kim, Chae-min Sung, Joung-min Kim, and Sungwook Kim. 2022. A Study on the Blockchain-Based Bill of Lading System to Improve Usability. KIPS Transactions on Software and Data Engineering, 11, 7, (2022), 283-290. DOI: https://doi.org/10.3745/KTSDE.2022.11.7.283.