SEARCH RESULT

Year

Subject Area

Broadcast Area

Document Type

Language

1 results listed

2018 THE POTENTIAL USE OF BLOCKCHAIN TECHNOLOGY IN RAILWAY APPLICATIONS

Railways around the world are moving towards digitalization to enhance their operations. The integration of railway data with other transport modes data becomes a vital part of the next generation of digital transport systems. One of the challenges for further digitization is data integration and security. This situation remains a challenge across organization and industry boundaries. The blockchain is a new technology that might have the potential for acting as an enabler for the data integration and security challenge. In this paper a moderate literature review on the use of blockchain around different industries, in particular IoT applications, and in the railway context has been demonstrated. Opportunities and challenges that the blockchain technology can offer for the railway industry has been outlined. The paper has also looked at railway related blockchain current and potential applications. A simple analaysis of the technology for the potential adoption rate has also been discussed. It was found that the blockchain can offer a number of benefits including added security and decentralization, however it will have a moderate technology adoption rate before it reaches it is transformative impact.

International Symposium on Railway System Engineering
ISERSE

Feras Naser

268 828
Subject Area: Materials Science Broadcast Area: International Type: Oral Paper Language: English