DLT-Based Sustainable Business Models for the Shipping Industry

In this article, the authors discuss how distributed ledger technology (DLT), aka blockchain, might serve as the technological basis for sustainable business models (SBM) in the shipping industry. They consider the role that DLT can have in generating circular economies for information resources as well as inter-firm collaboration inside shipping. The authors propose a conceptual model of the potential relationship between DLT and sustainable shipping. They use content analysis technique for an exploratory case study about a DLT-based information platform (TradeLens) for global supply chains. From this case study, the authors conclude that DLT can successfully underpin sustainable business practices in the shipping industry. In their conclusion, the authors briefly consider how the theoretical perspective presented, along with the TradeLens case study, might offer insight for management of both maritime shipping firms and of regulatory bodies.

Language

  • English

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Filing Info

  • Accession Number: 01849852
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jun 27 2022 12:21PM