Assessing the prospects of distributed ledger technology (DLT) development as an element of digital ecosystem of railway transport

Abstract

Purpose: to evaluate the practice of implementing projects for digitalization of the life cycle management processes of railway infrastructure facilities based on distributed ledger technologies (DLT). Methods: general scientific methods such as observation, analysis, comparison, generalization and analogy were used. As a result of the conducted research: the main characteristics of the distributed ledger technologies, which determine the parameters and scope of their use in life cycle management of railway transport facilities, have been systematized; the effects of the implementation DLT as an element of the digital railway transport ecosystem have been identified; recommendations for the implementation and rollout of design solutions using DLT in the railway transport area have been developed. Conclusion: as a result of the study, recommendations for the implementation and rollout of the solutions using DLT have been developed. The findings and conclusions may be useful for railway companies, government agencies and other participants in the railway transport and logistics market when planning and implementing projects for optimizing asset life cycle management.