In the Fifth Plenary Session of the Nineteenth Central Committee of the Party held in October 2020, it was proposed to accelerate the construction of a new development pattern with the domestic cycle as the main body and the domestic and international dual cycles promoting each other. The realization of this goal is inseparable from the efficient development of the logistics industry, which is an important support and guarantee for opening up supply chains, coordinating industrial chains, creating value chains, and building a new development pattern under the new normal.There is no doubt that the logistics industry is a basic, strategic and leading industry that supports the national economy, and a supporting industry that realizes the transformation of old and new kinetic energy and promotes the intelligent transformation of traditional industries. In the 40 years of great development of reform and opening up, the logistics industry has also changed its old look and entered a new era of modern logistics development with big data, artificial intelligence and other high-tech additions from traditional transportation based on manual handling of goods.However, there have been three major problems in the logistics industry for a long time that hinder the industry from further developing towards intelligence and digitalization: First, logistics companies generally exist in the status quo of being small, scattered, chaotic and weak, and nearly 90% of the industry enterprises are small and micro enterprises; Secondly, due to the influence of industry characteristics, there are many participants in the traditional logistics industry chain, such as manufacturers, brands, distributors, logistics parties, users, etc., resulting in a long overall business chain and relatively low efficiency; finally, from all aspects of the supply chain In terms of links, business flow, logistics, information flow, and capital flow cannot be integrated into one. This has led to difficulties in collaboration among industry companies and a lack of credit system, which has further made it difficult for companies to obtain financing and expensive financing, and low operating efficiency.Blockchain makes the logistics industry smarter and more efficientDue to its significant supporting role in reducing costs and increasing efficiency, blockchain, a representative of a new generation of information technology, is regarded as a powerful means to empower traditional industries. Among them, the logistics industry, as one of the most important application scenarios of blockchain technology, has already landed in scenarios such as electronic waybills, electronic warehouse receipts, logistics invoices, logistics tracking, and logistics finance.It is precisely based on the broad application prospects of blockchain technology in the logistics industry. In September last year, 13 departments including the National Development and Reform Commission issued a document stating that it is necessary to actively explore and promote the application of blockchain, 5G and other emerging technologies in logistics information sharing and logistics credit system construction. application.Advanced economies acted earlier. According to relevant media reports, as early as 2016, Rotterdam Port, the largest port in Europe, formed a block with ABN Amro Bank, Delft University of Technology, Netherlands National Institute of Applied Sciences, and Royal FloraHolland, the flower trading center of Desheim University of Applied Sciences. The Chain Logistics Research Alliance explores the role of blockchain in the field of logistics, and cooperates with the independent blockchain project of the Dutch Ministry of Economic Affairs to develop open source infrastructure for the alliance project. This is also the worlds first blockchain alliance built specifically for the logistics field.As an emerging technology that can change the way the economy operates, the characteristics of blockchain such as decentralization, openness, and security are very suitable for the logistics field with long value chains and complex communication links. Under the empowerment of blockchain technology, real data of capital flow, transaction flow, and transportation flow can be obtained, effectively improving the efficiency of data processing in each link of logistics, reducing repeated inspection links, thereby shortening the business chain, reducing costs and increasing efficiency.In addition, due to the application of blockchain technology, it is possible for participants in all links of the logistics industry chain to build an open and transparent blockchain network that can protect the privacy of all parties and is open source. This can solve the problems and pain points that have been plaguing the development of the industry, such as information asymmetry and information fraud, so as to realize the effective use of resources and improve the efficiency of the entire logistics industry.Blockchain subverts the intelligence of logisticsFrom a technical point of view, the blockchain is not a single technology, but the result of the integration of multiple technologies, including core technologies such as blockchain consensus algorithms, encryption algorithms, and distributed ledgers, which are applied to certain logistics industries. Subdivided fields and links will have huge innovative application value.1. Basic logistics scenarioThe blockchain is to make data into blocks, obtain a unique value according to the hash algorithm to prevent tampering, and then use timestamps to form a chain. Since the blockchain technology has the characteristics of decentralized storage, it does not need to rely on third-party organizations or individuals, and all information can be publicly recorded on the public ledger by using credible technical means. The data on the chain has a time stamp and Can not be tampered with. The application of blockchain technology can first ensure that the entire process of logistics is traceable and monitorable. If there is a problem in the delivery of the goods, it can be followed up and dealt with in a timely manner. The division of responsibilities is clear and clear, effectively avoiding package loss and counterfeiting. Acceptance etc.Secondly, in terms of security and privacy, because the recipient has the key to sign for receipt, there is no possibility of the goods being falsely claimed or falsely signed for; at the same time, it can also ensure the security of the users information and protect the users personal privacy. Similarly, if the sender is worried about data leakage during the logistics process, the information can be encrypted and stored in the blockchain, and only the private key of the sender can view it, thereby protecting the privacy of commercial secrets.In addition, the application of blockchain technology is also of great significance to the contract management and payment management of the logistics industry. For example, after A and B have negotiated a commodity trade agreement, they will hand it over to Party C for transportation; when A, B and C complete the contract project, according to the terms of the contract, intelligently complete the payment, forming a closed loop of the entire link.2. International logistics sceneIn international logistics transportation, due to the complex structure and many departments involved, it is even more difficult to improve logistics efficiency. For example, if you want to ship some frozen food from Africa to Europe, you usually need 200 exchanges through more than 30 organizations. The management cost and import and export trade documents can even reach 20% of the transportation cost. The complexity can be imagined. The blockchain technology can be well associated with multiple organizational chains, enhance the credibility of logistics information, help customs departments implement comprehensive management, and improve logistics efficiency.3. Supply chain finance and insurance scenariosAs mentioned above, most enterprises in the logistics industry are small, medium or micro enterprises, and the credit ratings of enterprises are generally low. Banks or financial institutions cannot obtain enough real data, and evaluating their real credit loan amount has become a pain point in the industry. . This has led to the lack of supply chain financial products in my country at present, and it is difficult and expensive for small and medium-sized logistics enterprises to obtain financing.Blockchain technology can value and capitalize information-based commodities. This is because the unique ownership of fixed goods recorded in blockchain technology can make all goods in the logistics chain reorganizable, counterfeit and irreversible, and realize the assetization of logistics goods. Under the empowerment of blockchain technology, funds can be efficiently and quickly connected to the logistics industry, thereby improving the business environment of small and medium-sized enterprises.In the future, it is believed that with the large-scale application of blockchain technology to more logistics industry scenarios, it may profoundly change the pattern and development mode of the logistics industry chain in China and even the world. But at present, there are still some limiting factors for blockchain technology to achieve wider and deeper applications in the logistics industry.On the one hand, each business link of logistics and supply chain has formed a solid collaboration model based on the existing platforms and processes, and it is not easy to break the inherent habits; on the other hand, the industrial blockchain requires not only the efforts of enterprises, but also the efforts of relevant departments Further promotion at the policy and legislative levels. At the same time, the application of blockchain technology has also brought a great test to the technical capabilities of industry companies, especially small and medium-sized enterprises.As an innovative enterprise embracing blockchain technology, Wanglian Technology has always firmly believed that blockchain will be the core enabler of smart logistics, and it will provide the logistics industry with a simple, low-cost, high-efficiency, safe and reliable blockchain solution. In this process, Wanglian Technology will actively cooperate with enterprises in the logistics industry to help build a smart logistics industry ecosystem and continuously empower traditional logistics to transform into intelligence.