Railway Group in Russia to Implement Blockchain Technology

Home / Railway Group in Russia to Implement Blockchain Technology

During the Russian Investment Forum in Sochi, Russia’s biggest railway operator Novotrans signed a memorandum of cooperation with Universal Blockchain. The main aim of this partnership is to carry out the digitization of the train cars and keep all operational data in a digital history of railway carriages. The company believes that blockchain will significantly reduce costs and will speed up all processes.

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