 |
May 24, 2018, 06:26:01 PM |
|
The image below shows such a process. The blockchain is initiated by the online retailer with a block for the order, the smart contracts are electronically signed to negotiate the fees, rates or commissions by the parties to signify the approval. The parties involved then add transactions and blocks to the blockchain since the bills of landing, load tender, and other new documents are developed to keep the record of the shipment status.
|