Dr. Zhipeng Feng Profile

Dr. Zhipeng Feng

at State Grid Information and Telecommunication Branch

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Proceedings Article | 28 October 2021 Paper

An efficient multimodal transport transaction settlement system based on block chain

Chunguang Zhang, Zhipeng Feng, Xueqing Shen, Xu Zhang, Bohua Zhang, Lun Zhang, Ruijun Liu

Proceedings Volume 11884, 118840B (2021) https://doi.org/10.1117/12.2601884

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In recent years, with the increase of world trade volume, multimodal transport has become the main mode of international trade transportation, and its development is facing a new stage. As an important part of multimodal transport, invoice affects the efficiency of multimodal transport. Electronic invoices are replacing traditional paper invoices as the main form of bill of lading. But due to the characteristics of paperless and intangible electronic, the electronic invoices, unlike traditional paper invoices, cannot be actually possessed. Considering the block chain technology possesses the characteristics of unchanged and traceability, it will apply into the electronic invoice. It provides shippers and carriers with freight information and pre-agreed service contract rates, enables shippers and carriers to conduct secure and transparent transactions, improves electronic invoice processing efficiency, and reduces shipper and carrier costs.

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