Application Practice of WCT in Decentralized Logistics Tracking
In the field of decentralized logistics tracking, WCT plays an important role. Relying on the immutable characteristics of blockchain, WCT uploads logistics information (such as shipping location, transportation route, delivery information, etc.) to the chain in real-time. Users can query the complete logistics trajectory through terminals that support WCT. Cargo owners use WCT to pay for logistics costs, with fees intelligently linked to data such as transportation mileage and cargo weight, ensuring transparency and traceability. After a certain cross-border logistics platform introduced WCT, the cargo loss rate decreased by 60%, customer complaints reduced by 50%, and the efficiency of logistics information inquiry improved by 80%. WCT makes the logistics process more transparent, effectively addressing the issues of information asymmetry and difficulty in defining responsibility in traditional logistics.