How Can Blockchain Technology Be Used In Railway Industry?


What will be the answer if anyone asks which is the most interlinked, complicated and high risk involved industry?

Obviously, the Railway Industry.

The entire network has been tied up with villages, cities, states, and countries, with a huge dynamic database. Without the 24 hours of monitoring and governance, it is impossible to avoid security issues, accidents, wrong signals, passenger insecurity, and a lot. So, a single small wrong information can cause huge damage to the entire network.

You may say “The current railway system seems to be more efficient and we are not facing any problems as a common man”. But, the reality is there are a lot of issues and those issues are not transparent to the public but are creating high-level complexity to the railway control systems.

So, to make this entire system more dynamic, Blockchain implementation in the railway ensures the current safe blocks upkeeped by the conventional railway frameworks.

Those safe blocks are.
  1. Preventing collisions while a train stops unexpectedly, or derails.
  2. Emergency Braking while red signal received or the operator does not react
  3. Detecting the train decomposition and continuously varying speed.
  4. While implementing blockchain, it is very important to ensure whether the current AI — Supported decision making along with the train side, lineside IT components have not been affected
Read More >> Blockchain In Railway

Comments

Post a Comment

Popular posts from this blog

How Binance Sensei Analyzes Market Trends to Help You Make Informed Decisions

Image
  Introduction Binance Sensei Web3 AI is the latest offering from the world's largest cryptocurrency exchange, Binance. This innovative platform is built on cutting-edge AI technology, enabling it to analyze vast amounts of data, identify trends, and make real-time predictions on the crypto market. It is designed to make it simple and easy for traders, investors, and crypto enthusiasts to make informed decisions and stay ahead of the curve. Feature of Binance Sensei:   One of the standout features of Binance Sensei is its ability to identify patterns and trends in the crypto market, which allows it to make accurate predictions on future market behavior. The platform analyzes historical market data, social media activity, and real-time trends, providing users with a detailed view of the market, and enabling them to make informed investment decisions. Binance Sensei uses advanced machine learning algorithms to improve its predictive capabilities over time, making it an extremely reli
Read more

The Impact of Blockchain Technology in Future

Image
Blockchain Blockchain, the most talked business right now and creating more and more opportunities across industries. In the context of Blockchain,  "Trust"  could mean everything. Blockchain technology is a public distributed ledger with no central authority, the global network of computers jointly manages the database. Cryptocurrencies use permissionless blockchain, while business blockchains tend to be permissioned. Here the blockchain uses Consensus Mechanism like  Proof-of-work and proof-of-stack  to ensure the information in the database is always correct and secure. Blockchain is categorized into two: 1. Permissioned Blockchain (require permission to add in a group or community) 2. Permissionless Blockchain (anyone can join here) Though some of the world's leading companies develop blockchain applications. It is still in the nascent stage. The truth is that no one really knows how to actually design a blockchain interface. But still, blockchain is
Read more

Smart Contract Development: Building Trustworthy DApps in the Web3 Era

Image
  In the rapidly evolving landscape of blockchain technology, the emergence of smart contracts has brought about a paradigm shift in how we conduct transactions and engage with decentralized applications (DApps). As we transition further into the Web3 era, the significance of smart contract development becomes increasingly paramount.  This blog post aims to explore the pivotal role that smart contracts play in the creation of trustworthy DApps, navigating the complex world of blockchain development with the guidance of Bitdeal, your dedicated partner in blockchain development. The Rise of Smart Contracts in Web3 Understanding Smart Contracts Smart contracts represent self-executing agreements with the terms of the contract directly encoded into software. These contracts operate on a blockchain, automatically executing predefined actions when specific conditions are met. By eliminating the need for intermediaries, smart contracts ensure transparency, efficiency, and trust in transacti
Read more