Abstract and keywords
Abstract (English):
Intellectual contracts based on blockchain technology improve the efficiency of supply management of an automobile enterprise by optimizing the transactional costs of supply logistics. The present research featured KAMAZ PTC. The goal was to develop an interaction mechanism for all participants of an intellectual contract in supply activities. The article includes a review of Russian and foreign publications about intellectual contracts in various business spheres, supply management efficiency, optimization of transactional costs, and blockchain technology. The study made it possible to build an interaction mechanism of the parties involved in a blockchain intellectual contract. It also revealed a pattern of changes introduced to the intellectual contract at different stages of interaction between the initiator and suppliers. The authors also highlighted the difference between smart contract and intellectual contract. An intellectual contract appears as a logical development of a smart contract and allows the sides to change the terms. The party interaction mechanism can improve the supply efficiency as it optimizes the magnitude of transactional costs.

supply logistics, smart contract, blockchain, supply chain, transaction costs, automotive company, general logistics costs
Publication text (PDF): Read Download

1. Ivashchenko N. P., Shastitko A. Ye., Shpakova A. A. Smart contracts throught lens of the new institutional economics. Journal of Institutional Studies, 2019, 11(3): 64–83. (In Russ.) https://doi.org/10.17835/2076-6297.2019.11.3.064-083

2. Finogeev A. G., Vasin S. M., Gamidullaeva L. A., Finogeev A. A. The use of the blockchain-based smart contracts technology for minimization of transaction costs in regional innovation systems. Voprosy bezopasnosti, 2018, (3): 34–55. (In Russ.) https://doi.org/10.25136/2409-7543.2018.3.26619

3. Shulzhenko T. G. Methodological approach to the reengineering of logistics business processes in the transport chains with the implementation of smart contracts. Upravlencheskie nauki, 2020, 10(2): 53–73. (In Russ.) https://doi.org/10.26794/2404-022X-2020-10-2-53-73

4. Truntsevsky Yu. V., Sevalnev V. V. Smart contracts: from identification to certainty. Pravo. Zhurnal Vysshey shkoly ekonomiki, 2020, (1): 118–147. (In Russ.) https://doi.org/10.17323/2072-8166.2020.1.118.147

5. Angrish A., Craver B., Hasan M., Starly B. A case study for blockchain in manufacturing: "FabRec": a prototype for peer-to-peer network of manufacturing nodes. Procedia Manufacturing: Proc. NAMRC 46, College Station, Texas, 18–22 Jun 2018. College Station: Texas A&M University, 2018, vol. 26, 1180–1192. https://doi.org/10.1016/j.promfg.2018.07.154

6. Koh L., Dolgui A., Sarkis J. Blockchain in transport and logistics – paradigms and transitions. International Journal of Production Research, 2020, 58(7): 2054–2062. https://doi.org/10.1080/00207543.2020.1736428

7. Xu L., Tu P., Tang Q. Contract design for cloud logistics (CL) based on blockchain technology (BT). Complexity, 2020, 2020. https://doi.org/10.1155/2020/5305808

8. Bottoni P., Gessa N., Massa G., Pareschi R., Selim H., Arcuri E. Intelligent smart contracts for innovative supply chain management. Front. Blockchain, 2020, 3. https://doi.org/10.3389/fbloc. 2020.535787

9. Shutova P. A. Improvement of methods for assessing and managing transaction costs in supply logistics in the automotive industry. Cand. Econ. Sci. Diss. Moscow, 2011, 192. (In Russ.)

10. Stigler G. J. The economic of information. Journal of Political Economy, 1961, 69(3): 213–225.

11. Dahlman C. J. The problem of externality. The Journal of Law & Economics, 1979, 22(1): 141–162.

12. Barzel Y. Measurement costs and the organization of markets. The Journal of Law & Economics, 1982, 25(1): 27–48.

13. Milgrom P. R., North D. C., Weingast B. R. The role of institutions in the revival of trade: the law merchant, private judges, and the champagne fairs. Economics & Politics, 1990, 2(1): 1–23. https://doi.org/10.1111/j.1468-0343.1990.tb00020.x

14. Milgrom P. R., Roberts J. M. Economics, organization and management. Englewood Cliffs, N. J.: Prentice-Hall, 1992, 621.

15. Milgrom P. R., Roberts J. M. Bargaining costs, influence costs and the organization of economic activity. Perspectives on positive political economy, eds. Alt J. E., Shepsle K. A. Cambridge: Cambridge University Press, 1990, 57–89. https://doi.org/10.1017/CBO9780511571657.005

16. Sklaroff J. M. Smart contracts and the cost of inflexibility. University of Pennsylvania Law Review, 2017, 166(1): 263–303.

17. Prause G. Smart contracts for smart supply chains. IFAC-PapersOnLine, 2019, 52(13): 2501–2506. https://doi.org/10.1016/j.ifacol.2019.11.582

18. Nach H., Ghilal R. Blockchain and smart contracts in the logistic and transportation industry: the demurrage and maritime trade use case: Proc. 1st Annual Toronto FinTech Conf., Toronto, 20–21 Oct 2017. Toronto, 2017.

19. Dietrich F., Palm D., Louw L. Smart contract based framework to increase transparency of manufacturing networks. Procedia CIRP: Proc. 30th CIRP Design 2020 Conf., Pretoria, 5–8 May 2020. Amsterdam: Elsevier, 2020, vol. 91, 278–283. https:// doi.org/10.1016/j.procir.2020.02.177

20. Feng T., Yu X., Chai Y., Liu Y. Smart contract model for complex reality transaction. International Journal of Crowd Science, 2019, 3(2): 184–197. https://doi.org/10.1108/IJCS-03-2019-0010

21. Neuburger J. D., Choy W. L., Milewski K. P. Smart contracts: best practices. Practical Law, 2019. Available at: https://prfirmpwwwcdn0001.azureedge.net/prfirmstgacctpwwwcdncont0001/uploads/dc2c188a1be58c8c9bb8c8babc91bbac.pdf (ac-cessed 2 Nov 2021).

22. Philipp R., Gerlitz L., Prause G. Smart contracts for entrepreneurial collaboration in logistics networks. New Challenges of Economic and Business Development – 2019: Incentives for Sustainable Economic Growth: Proc. 11th Intern. Sci. Conf., Riga, 16–18 May 2019. Riga: University of Latvia, 2019, 652–663.

23. Westerkamp M., Victor F., Küpper A. Tracing manufacturing processes using blockchain-based token compositions. Digital Communications and Networks, 2020, 6(2): 167–176. https://doi.org/10.1016/j.dcan.2019.01.007

24. Sergeev V. I., Kokurin D. I. Application of innovative technology "Blockchain" in logistics and supply chain management. Creative economy, 2018, 12(2): 125–140. (In Russ.) https://doi.org/10.18334/ce.12.2.38833

25. Sadouskaya K. Adoption of blockchain technology in supply chain and logistics. Bachelor's Thesis. Kouvola: XAMK, 2017, 45.

26. Pati S. P., Pradhan B. B. Role of blockchain in Internet of things (BIoT): a review paper. International Journal of Advanced Research in Engineering and Technology, 2020, 11(12): 142–149. https://doi.org/10.34218/IJARET.11.12.2020.015

27. Alharby M., Moorsel A. van. Blockchain-based smart contracts: a systematic mapping study. Computer Science & Information Technology (CS & IT): Proc. 4th Intern. Conf. CSIT-2017, Dubai, 26–27 Aug 2017. Chennai: AIRCC Publishing Corporation, 2017, vol. 7, iss. 10, 125–140. https://doi.org/10.5121/csit.2017.71011

Login or Create
* Forgot password?