What means blockchain in logistics?

Blockchain is a shared decentralized database that allows for the secure storage, processing, and management of any type of information.

Data entries are grouped into blocks and saved chronologically. Due to its highly secure architecture, blockchain technology is widely used in sectors such as finance.

The blockchain also offers great potential for logistics applications. Because transaction tampering is virtually impossible, it opens up many use cases:

• Logistics documents can be stored decentrally and securely
• Data exchange can occur under high-security conditions, such as between authenticated devices