German Railway Operator Examines Deploying Blockchain to Tokenize Its Ecosystem
A blockchain integration platform has conducted a proof-of-concept for German railway operator Deutsche Bahn AG.
German railway operator Deutsche Bahn AG (DB) has partnered with blockchain integration platform Unibright to examine the possibility of tokenizing its ecosystem. A press release revealed the partnership on Tuesday, Dec. 18.
DB appointed Unibright to make preparations for an internal workshop, dedicated to the possible tokenization of the company’s assets. The railway giant, which is considered to be the largest in Europe, wants to find out whether decentralized solutions can cut operational costs and help DB interact with other members of the travel industry.
Unibright developed a proof-of-concept (PoC) based on the idea that blockchain could connect different areas of a common journey, such as single travels, miles, services, catering, hotel bookings or even local transport.
To achieve that, each part of the