Proceedings of the 3rd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2024, March 29–31, 2024, Wuhan, China

Research Article

Container Terminal Competition Considering Blockchain and Government Support

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  • @INPROCEEDINGS{10.4108/eai.29-3-2024.2347468,
        author={Mingzhu  Yu and Zhen  Huang and Haoran  Yang},
        title={Container Terminal Competition Considering Blockchain and Government Support},
        proceedings={Proceedings of the 3rd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2024, March 29--31, 2024, Wuhan, China},
        publisher={EAI},
        proceedings_a={ICBBEM},
        year={2024},
        month={6},
        keywords={container terminal competition; blockchain; regional ports},
        doi={10.4108/eai.29-3-2024.2347468}
    }
    
  • Mingzhu Yu
    Zhen Huang
    Haoran Yang
    Year: 2024
    Container Terminal Competition Considering Blockchain and Government Support
    ICBBEM
    EAI
    DOI: 10.4108/eai.29-3-2024.2347468
Mingzhu Yu1, Zhen Huang1, Haoran Yang1,*
  • 1: Shenzhen University
*Contact email: 2210474193@email.szu.edu.cn

Abstract

Blockchain technology is considered an effective solution for addressing the issue of information silos in terminal management. This study investigates the competitive strategies of container terminals considering blockchain technology and government support for hinterland logistics development. We constructed a two-stage game model to examine the impact of terminal service prices and hinterland logistics levels on competition. Basing a regional port system with two ports, each equipped with a container terminal, we explored four scenarios based on whether the terminals adopt blockchain technology. We analyzed the effects of these decisions on terminal operators' strategies. Finally, we summarized the following managerial insights: for terminal operators, we recommend actively adopting blockchain technology to address information silos and enhance competitiveness. Furthermore, terminals are more inclined to jointly adopt blockchain technology only when it provides high levels of information transparency.