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Blockchains as a Distributed Ledger for Attribution of RCM Data in Rail

Project description

Blockchain technology could enable efficient operation of railway infrastructure

Blockchain is a digital ledger that can record transactions and store data in immutable blocks across a distributed network. The technology has the potential to accelerate the development of railroads, rendering rail the primary medium-distance carrier. The EU-funded B4CM project will identify and develop use cases that support the application of blockchain in the sector. The overall goal is to deliver a blockchain-based testbed for the attribution of data costs across organisational boundaries and demonstrate the operation of the framework in the context of the European rail industry.

Objective

The overall aim for B4CM is to develop and deliver a blockchain based testbed for the attribution of data costs across organisational boundaries, to demonstrate the operation of the framework in the context of the European Rail Industry, enabling future developers to extend the tools produced based on a known working configuration.

This project has the following main research and training objectives:
• Objective 1: To identify and develop use cases that support the application of blockchain in the railway sector;
• Objective 2: To develop an implementable blockchain framework for the attribution of data costs in systems crossing organisational boundaries;
• Objective 3: To evaluate mechanisms for the incorporation of the developed blockchain framework into the financial processes of the European rail sector;
• Objective 4: To develop a testbed, demonstrating the operation of the framework in the context of rail sector, enabling future developers to extend the tools produced based on a known working configuration;
• Objective 5: To disseminate the findings of the project and the lessons learned to influence best practice in innovation and technology uptake in a key and evolving field within the European rail sector;
• Objective 6: To support the development of a researcher in gaining a PhD and thus generating a skilled specialist valuable to the European rail sector.

Fields of science (EuroSciVoc)

Keywords

Programme(s)

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Funding Scheme

CSA - Coordination and support action

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Call for proposal

(opens in new window) H2020-S2RJU-2018

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Coordinator

THE UNIVERSITY OF BIRMINGHAM
Net EU contribution
€ 112 951,25
Address
Edgbaston
B15 2TT Birmingham
United Kingdom
Region
West Midlands (England) West Midlands Birmingham
Activity type
Higher or Secondary Education Establishments
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Total cost
€ 112 951,25

Participants (1)