the Deutsche Bahn could transfer the management of your structure soon on the Blockchain. At least if it goes according to the plans of Unibright – the company proposes the tokenization of various internal processes. This could save cost and time.

By Phillip Horch
21. December 2018ShareFacebookTwitterLinkedInxingemail

That the Deutsche Bahn is in time and cost management still has potential for improvement, is likely to be the most conscious traveler. Accordingly, the Deutsche Bahn increased only at the 9. December their prices. In the long-haul transport, therefore, is an average of 1.9 per cent, in the regional traffic of 1.5 percent, and the rail card is 2.9 percent, the travellers had to make more effort. And not necessarily in increased punctuality.

the reduction in the infrastructure

costs are To the speed and reduced costs increases, at least in the area of infrastructure – proposes Unibright a tokenization of the processes at Deutsche Bahn. According to a Medium Post of the company you stand for with those in charge at the Deutsche Bahn in contact. The Plan is to relocate all the travel-related processes on the Blockchain. For each service there should be a digital output. It is said in the message:

“Akram Sioud, BI developers and Blockchain Enthusiast in DB Distribution, consulted with Unibright, after he had forwarded the first concept successfully to the management Board of Deutsche Bahn. Together, they developed a block chain-based solution to all of the services related to travel (Tickets, vouchers, local transport, accommodation, local transport networks) to bring together.“

Deutsche Bahn: The Ecosystem on the Blockchain

As you can see from the blog post, is to be led by using the Blockchain, the entire Ecosystem of the rail, together, by, for example. Hotels with in the process. On the technical side, will have its effect on data streams. To make everything ultimately blockchain-compliant, proposes Unibright a tokenization of these processes – for example, the bonus points programme of the Deutsche Bahn.

Accordingly:

“The basic idea is that all parts of a common journey through a Token on a Blockchain. This means that single trips […], services, catering, hotel reservations, transport or any other assets, the mean value for the entire trip. These assets can buy customers to save them in a personal Wallet. Customers can sell these assets in whole or in part, or to the Issuer. The use of certain services is carried out by Transfer of the corresponding Token from the Wallet of the customer to the service provider.“

For the different Assets, there should be, ultimately, different tokens, build up all of the minutes of the NEM Blockchain. All tokens should be kept at the beginning in a centralized Wallet of Deutsche Bahn, and then be output. Also in the event of delays, the concept should benefit the customer, therefore vouchers are to appear as a Token. To do this, the CEO of Unibright said to BTC-ECHO:

“in order to implement sustainable and successful Blockchain projects, it is important not to create isolated island solutions: A new technology can demonstrate its advantages only profitable if it is integrated into the technical environment, as well as in the existing processes. In our cooperation with Deutsche Bahn sales is to build from existing participants of the system – travelers, transport companies, Caterers, Hotels, and many other more – an Ecosystem. A Blockchain is the ideal medium for such an Ecosystem of technically – transparent, traceable, and has an implied Transfer of assets, values and Rights.“
Marten Young

plans are not yet fleshed out in the beginning of phase

so Far, the plans will, however, continue to be a need for implementation, it is the consent of the authorities, and some of the internal regulations of the Deutsche Bahn. As long as it is still: wait and see.