Contract Design for Cloud Logistics (CL) Based on Blockchain Technology (BT)

Purpose. This paper aims to design the contract and present the profit distribution mechanism for CL platform, so as to realize the intelligent and automatic operation of the artificial intelligent- (AI-) based CL platform. Design/Methodology. A smart contract based on BT is designed for the AI-base...

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Bibliographic Details
Published inComplexity (New York, N.Y.) Vol. 2020; no. 2020; pp. 1 - 13
Main Authors Xu, Lan, Tang, Qian, Tu, Paul
Format Journal Article
LanguageEnglish
Published Cairo, Egypt Hindawi Publishing Corporation 2020
Hindawi
Hindawi Limited
Wiley
Subjects
Algorithms
Artificial intelligence
Automation
Blockchain
Cloud computing
Consortia
Cryptography
Design
Digital currencies
Human factors
Information sharing
Internet of Things
Literature reviews
Logistics
Robots
Supply chain management
China
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Summary:Purpose. This paper aims to design the contract and present the profit distribution mechanism for CL platform, so as to realize the intelligent and automatic operation of the artificial intelligent- (AI-) based CL platform. Design/Methodology. A smart contract based on BT is designed for the AI-based CL platform. Profit distribution mechanism based on the Nash bargaining model for the CL platform is also put forward to coordinate different participators’ benefit relationship in CL. Findings. The AI-based CL platform and the proposed smart contract based on BT map the scenario which may be influenced by human factors and involve trust issues onto execution of codes. Practical Implications. The study will help CL practitioners in establishing effective profit mechanism and designing contracts on the platform, thus facilitating its sustainable operation. Originality/Value. The AI-based CL platform with BT smart contract can be totally free of human intervention, and hence, the problems of trust during CL platform’s operation are solved.
ISSN:1076-2787
1099-0526
DOI:10.1155/2020/5305808