Blockchain System In Public Transportation

Understanding how vulnerable people use public transportation and how blockchain technology could be used to improve these networks.

Submitted By Akhil Vardhan Borra PUT21079

Selected International journals: 1. “Can multi-modal integration provide enhanced public transport service provision to address the needs of vulnerable populations?” (Cottrill, 2020) 2. “Blockchain in transport and logistics – paradigms and transitions” (Koh, 2020)

Intent: I aim to learn about the most extreme public transit and logistical problems throughout the globe and what people's options are when making those decisions.

Goal: Learn how to shift resources and abilities in this context so that we could become more productive in the digital economy.

Objectives:

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Analysing the concept of multi-modal connectivity & understand, is improving public transit to meet the demands of vulnerable populations?

What impact does the implementation of Blockchain technology in PT service operations have on operational costs? (As examples, consider cloud computing, intelligence management, and payment systems.)

Analysis: The paper addresses the challenges faced by the "mobility poor" in prioritized areas and proposes solutions to overcome the issues to facilitate an effective transportation system using multi-modal solutions. The foundation of what the paper tries to investigate is the task of identifying the vulnerable group of the population exposed to a lack of transportation infrastructure. The vulnerability is multifaceted. Various factors influence how each type of Traveler commutes, including age, economic background, geographic location, existing transportation network, and even weather conditions.

This paper seeks to identify options for travelers from both rural and urban areas. Inclusivity and equity are determined by segmenting the 'prioritized area' and analyzing the current situation in terms of mobility options, transportation infrastructure, and service provision. The identified gaps are addressed in the new transportation models across diverse populations and geographies.

In addition to individual, household, and geographic factors, government regulations and policies play a critical role in eradicating transport poverty and making the transportation system more accessible and inclusive for vulnerable populations. The integration of social policies has an impact on service supply.

For example, they have planned to provide concessions, discounts, or other financial assistance to the vulnerable population.

To bridge the communication gap, an integrated platform will provide users with a variety of commuting alternatives, making for a significantly more comfortable trip experience. A similar ideology has emerged worldwide due to the use of blockchain systems in transportation and logistics. The problems with

traditional modes of transportation, in my opinion, arise because they are geographically limited. As a result, they are expensive, time-consuming, and resource-intensive. Blockchain technology is poised to transform how transportation and logistics operations respond to the world's changing needs robust and timely manner.

Its seamlessness is the most impressive feature. The transportation system, including rail, road, airport, and customs, can be kept to a minimum, and transactions across borders can occur friction. Artificial intelligence, biometrics, face recognition, robotics, and laser can all be used to replace advanced physical technologies. The best part is that close monitoring using blockchain ensures the authenticity, traceability of the goods, and process transparency. In recent years, blockchain standardization efforts have concentrated on combating money laundering and corruption, and various business models have attempted to disrupt old business models by introducing a first cloud and entrepreneurship platform service, as well as blockchain-based digital mobility as a service. The boundaries between the physical, mental, and virtual worlds will be dissolved to develop an integrated system that can meet the changing requirements of today's highly competitive world.

Summary: The fundamental goal was to maintain a constant focus on the complexities of building transportation networks that deal with affected areas and vulnerable populations. Furthermore, the author focused on the possible consequences for mobility access by relating it to supply-side issues and addressing several themes such as public transportation finance and disparities that emerge when operational costs and farebox income are employed. Examples to comprehend the integration of social policies in service supply are critical understandings on the supply side of PT. where the example demonstrates how the provision of services or discounts to vulnerable sections is disregarded. “While such requirements are often accompanied by financial support, the services they fund may be disjointed across geographic boundaries or journey types, leaving gaps in access such issues may require attention in policy and funding mechanisms, particularly in relation to the need to deliver more connected services for different journey types across populations and geographies” (Cottrill, 2020). The integrated blockchain technology bridges such gaps by boosting trade links and altering operations in a global supply chain. “It can also transform how resources and capabilities in this environment can become more collaborative in the machine economy.” (Koh, 2020). Even Nonetheless, as technology evolves, the possibilities and ambiguities in identifying the most ethical and responsible paths must be addressed.

Conclusion: I'd want to conclude that blockchain technology multi-modal transportation hubs and route planning applications can increase travelers' safety, security, and convenience. The movement of people, such as production and attraction trips, may be done in a systematic, timely, market-demand-oriented manner using blockchain technology while maintaining authenticity and saving time, energy, and resources. The paradigm shift aims to update the laws to propel the whole public transportation and logistics industry towards a digital future. Even though blockchain is still in its early implementation phases and raises

significant ethical and security problems, I believe it is realistic to predict the emergence of a new global order.

Reflection: I've learned about a wide range of topics and ideas. To begin, I'd want to explore how the economics of a city impact people's decisions in urban, peri-urban, and rural areas. Secondly, the concept of servicespecific corridors is designed to address a specific economic priority, such as how a city center should have a hub-and-spoke public transit road network to serve city residents. Lastly, ideas for integrating the blockchain system into the PT network using different techniques and methodologies and examples of integration to improve the PT network.

Bibliography Cottrill, C. D. (2020). Can multi-modal integration provide enhanced public transport service provision to address the needs of vulnerable populations? Centre for Transport Research, 9.

Koh, L. (2020). Blockchain in transport and logistics – paradigms. International Journal of Production Research, 10.