International Journal of Research in Finance and Management
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E-ISSN: 2617-5762|P-ISSN: 2617-5754

2024, Vol. 7, Issue 1

Application of blockchain technology in green logistics in Vietnam

Tran Thanh Toan, Luu Thi Thanh Mai and Nguyen Thi Hong Dung

As the frequency of logistics operations grows, their negative impacts on our natural environment and resources are escalating. The generation of waste, such as steel slag, industrial effluents, electronic scraps, and spent batteries, is on the rise, exerting significant environmental stress. One approach to mitigate these impacts is through the adoption of sustainable logistics practices. However, the implementation of these green logistics strategies faces obstacles due to the lack of real-time data exchange and transparency within the industry. The application of blockchain technology offers a promising solution to these challenges by facilitating data sharing among all parties involved. This paper proposes a conceptual framework for sustainable logistics operations that leverages blockchain technology, alongside the integration of the Internet of Things (IoT) and big data analytics. It further explores the potential applications, advantages, and challenges of employing blockchain technology for green logistics, particularly within the Vietnamese context, to operationalize this framework.
Pages : 219-223 | 65 Views | 33 Downloads
How to cite this article:
Tran Thanh Toan, Luu Thi Thanh Mai, Nguyen Thi Hong Dung. Application of blockchain technology in green logistics in Vietnam . Int J Res Finance Manage 2024;7(1):219-223. DOI: 10.33545/26175754.2024.v7.i1c.300
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