Supply Chain Sustainability Management Through Blockchain Technology in Maritime Industry

Nowadays, integrating new technology into all management processes leads to significant evolution, particularly in the logistics business, which is one of the fourth industrial of Industry 4.0. Blockchain, an emerging idea, provides for the decentralized and unchangeable storing of verified data as integrated technology. The shipping industry has had to look for innovative ways to keep the accelerated growth of the planet on track, in the face of development threats and vulnerabilities from the mild development of foreign markets, expanding protectionism, correcting natural guidance, the current episode of COVID-19 pandemics. One of the successful innovations in blockchain technologies was to promote a computerized market change. It is also making the utilization of blockchain innovation in the maritime industry will empower quicker, more secure and more productive businesses. The objective of this study is to review sustainable in supply chain management through blockchain technology in the maritime industry. This work was done by discussion of literature by classifying the application according to the operation in the shipping process. © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.

The Economic Impact of Pandemic Covid-19 Outbreak: Comparative Analysis of Three Major Economic Groups

The Pandemic Covid-19 outbreak cause a negative shock to the world economy, throwing many countries into economic uncertainty, facing an economic recession and if Covid-19 continuously actively spread possibly many countries face an economic depression. This study assessing the economic impact of Covid-19 by analyzing on the three main economic indicators which are GDP growth rate, inflation, and unemployment. This study using estimation proposed by Aditya and Acharyya (Aditya and Acharyya J. Int. Trade Econ. Dev. 22:959–992, 2013), applies generalized methods of moments (GMM) estimators. Data consist of 171 countries of the quarterly data set. The results of the study indicate that the most significant effect of the Covid-19 outbreak is on the GDP growth rate. However, the effect of the Covid-19 outbreak on inflation and unemployment is no exception. The findings suggest that the world economy can recovery or expand if policymakers and government focusing to stimulate investment through fiscal intervention which is likely to give a positive multiplier effect on economic activity. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.