During the ICO craze a few years ago, the blockchain technology was somehow prostituted to virtually everything under the sun.
Ticketing on blockchain, taxi transportation on blockchain, agriculture on blockchain, health equipment on blockchain, access to celebrities on blockchain, health data on blockchain, real estate on blockchain, VR on blockchain, porn on blockchain, gambling on blockchain, freelancing on blockchain, and so on and so forth.
I am not sure what happened to each one of them; what I'm sure though is that many of them have already gone 6 feet below the ground.
My point being is that blockchain is not a silver bullet that will turn everything better or as desired.
Topic: What about a Blockchain powered Rail Network? (Read 111 times)
It is not just about the flow of transport between trains, but they also plan to build a system for logistic firms to avail a cargo spaces within the Russian rail Network. Meaning, it would be efficient for supplies since the cost will be significantly lower compared to renting trucks.
The cost of transporting something via the railway compared to trucks has nothing to with any blockchain application, a company might find a way to lower administrative costs but at the end that is a tiny fraction of the main cost, with the infrastructure, trains and engines and fuel. And in that aspect, a database will not be able to do anything. A spike in electricity price with a dump in oil prices and railway transport is screwed, the same the other way around. I don't know what the prices for freight transport ar in Russia but here is much cheaper to send a cargo Rotterdam by train than by truck already, and I wonder why in Russia with such large land it's not the same, railways gain the advantages when distances grow and lose it all for short <300 km distances.
Secondary, I'm wondering why a blockchain solution would be advantageous over a traditional database in a closed environment logistic problem?
With blockchain powered rail network the scheduling and the train movements can be tracked accurately. Already more logistics networks function on the blockchain. One such is the Dubai logistics network, and here Russia will have advantage with the blockchain powered rail network on logistics.
Wow, I wonder how the Japanese managed for decades to transport billions of passages a year with maximum punctuality even without a blockchain.
Yous till have transparency as you can check at every time where the trains are if it has any delay, all the data is public, why a blockchain? Some real argument other than a buzzword used by everyone who wants to grab the spotlight?
Blockchain application have reached too far right now that it could be implemented to Railways according to this article.
It is not just about the flow of transport between trains, but they also plan to build a system for logistic firms to avail a cargo spaces within the Russian rail Network. Meaning, it would be efficient for supplies since the cost will be significantly lower compared to renting trucks.
This is in accordance to the recently
I wonder if they will also promote the use of bitcoin when making payment for this train, but it contradicts the context of the bill that prevents the usage of bitcoin as a payment.
There are more number of private blockchain that have been developed for their own purpose. Same as that Russian railway network will be having its own blockchain, and nothing to relate bitcoin with it. They've clearly mentioned about the blockchain technology usage and bitcoin not getting used as payment.Quote
According to Vgudok, Sergey Vinogradov, the general director of the Scientific Research Institute of Railway Transport, blockchain may have a place in the national transport system.
It is not just about the flow of transport between trains, but they also plan to build a system for logistic firms to avail a cargo spaces within the Russian rail Network. Meaning, it would be efficient for supplies since the cost will be significantly lower compared to renting trucks.
This is in accordance to the recently
Quote
passed a major bill related to cryptocurrencies like Bitcoin (BTC)
and a thread hereI wonder if they will also promote the use of bitcoin when making payment for this train, but it contradicts the context of the bill that prevents the usage of bitcoin as a payment.
With blockchain powered rail network the scheduling and the train movements can be tracked accurately. Already more logistics networks function on the blockchain. One such is the Dubai logistics network, and here Russia will have advantage with the blockchain powered rail network on logistics.
Blockchain application have reached too far right now that it could be implemented to Railways according to this article.
It is not just about the flow of transport between trains, but they also plan to build a system for logistic firms to avail a cargo spaces within the Russian rail Network. Meaning, it would be efficient for supplies since the cost will be significantly lower compared to renting trucks.
This is in accordance to the recently
I wonder if they will also promote the use of bitcoin when making payment for this train, but it contradicts the context of the bill that prevents the usage of bitcoin as a payment.
Quote
According to Vgudok, Sergey Vinogradov, the general director of the Scientific Research Institute of Railway Transport, blockchain may have a place in the national transport system.
It is not just about the flow of transport between trains, but they also plan to build a system for logistic firms to avail a cargo spaces within the Russian rail Network. Meaning, it would be efficient for supplies since the cost will be significantly lower compared to renting trucks.
This is in accordance to the recently
Quote
passed a major bill related to cryptocurrencies like Bitcoin (BTC)
and a thread hereI wonder if they will also promote the use of bitcoin when making payment for this train, but it contradicts the context of the bill that prevents the usage of bitcoin as a payment.
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