Using NFTs and Blockchain for Traceability and Auctioning of Shipping Containers and Cargo in Maritime Industry

The maritime industry is a complex multi-tiered sector that plays major role in international shipping and trade. Seaborne transportation responsible for 90% of goods moved globally, containerized shipments account more than 50% those goods. This volume movement requires efficient tracking traceability methods secure the documentation process ensure involved stakeholders. However, due to its complexity, suffers from lack trust, ownership evidence, protracted procedures, excessive data aggregation. These shortcomings are reflected delays elevated costs process. To mitigate these problems, we propose this paper blockchain-based solution history containers industry. Our utilizes smart contracts non-fungible tokens (NFTs) on Ethereum blockchain accelerate inefficient by digitizing transfer documentation. Furthermore, proposed system allows owners auction off their cargo destination ports, freeing warehouses We analyze our terms transaction contract security. developed using Solidity language Remix IDE code made publicly available GitHub.