WSEAS Transactions on Computer Research
Print ISSN: 1991-8755, E-ISSN: 2415-1521
Volume 15, 2027
Blockchain-Enabled Maritime Supply Chain Integration under RCEP: A Systematic Literature Review on China-Malaysia Trade Corridors
Authors: ,
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Abstract: Regarding the Regional Comprehensive Economic Partnership (RCEP), there are many opportunities, but also pressures, in the current state of the Maritime Supply Chain (MSC) between China and Malaysia. This current research conducts a systematic literature review according to the PRISMA guidelines, utilizing 231 reliable resources. This research analyzes the effects of the RCEP accord on the MSC between China and Malaysia, the potential of the blockchain in the supply chain industry, and creates a policy framework based on technological innovation. The most critical results of this study consist of the possibility of blockchain technology in decreasing the document processing time by as much as 80% and lowering the chance of cargo fraud by up to 40%. However, inconsistency with the laws in various nations and the high costs of implementation are considerable challenges.
Keywords:
Blockchain, Maritime Supply Chain, RCEP, China-Malaysia Trade Corridor, Digital Trade, Trade Facilitation, Smart Contracts, Supply Chain Integration
Pages: 23-40
DOI: 10.37394/232018.2027.15.3