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The Impact of Blockchain on UK Transport Ticketing

A novel way of managing transport tickets has the potential to create a system that is clear, streamlined, and mutually beneficial for both ticket sellers and travelers, regardless of the mode of transport.

Traditional ticketing systems often struggle with problems like not being usable across different types of transportation, and not being able to update easily with policy changes or new technology developments.

Revolutionizing UK transport ticketing with blockchain

University of Birmingham specialists have proposed an innovative solution for all ticketing systems. In a newly published IET Blockchain paper, they present a System for Ticketing Ubiquity within Blockchains (STUB). This system combines the power of blockchain and ontology, which are two very smart technologies.

A blockchain is like a secure diary that keeps track of all deals and promises made in a system. An ontology, on the other hand, is like a map of knowledge, showing how different pieces of information are linked together. Researchers demonstrated that these two technologies could work together to create a strong, clear, and connected system for sharing dependable information.

By using these systems, ticket sellers can trade and confirm tickets that are functional on the blockchain, making them accessible to all vendors. They can also store and share helpful details about the transport network like routes, schedules, and seat availability by making use of a particular technology called Ontology.

Overall, this would make the entire process of buying and selling tickets much easier.

Dr. Joe Preece, who is leading the initiative, implies that interconnectedness in transport systems is scaling up significantly across the globe. He emphasizes that ticketing systems are pivotal in this transformation, sparking an increased exploration towards innovative smart transport ticketing solutions. These novel approaches employ emerging technologies to efficiently surpass the constraints of traditional formats.

According to Preece, the system they’ve created allows ticket providers to operate within enhanced parameters of transparency and flexibility. This modification aims to afford passengers a user-friendly experience that redefines contemporary ticketing.

The system we have devised enables ticket providers to operate in a more transparent, flexible environment, that will ultimately offer passengers a more user-friendly experience.

Dr Joe Preece

In terms of STUB’s approach, Preece highlights its distinction from a typical central data platform that’s customarily embedded with transport policy. Instead, STUB invests in a policy-neutral tactic that empowers existing ticket providers and technologies, allowing them to integrate core ticketing data and build new solutions on its foundation.

Essentially, this could modernize the Rail Settlement Plan. It allows for multi-modal ticketing, automated money and refund distribution, and adaptable ticket pricing, while still using the existing, effective technologies in the industry.

The team’s next move is to start a trial run for this technology in a local transport system. This will allow them to test its efficiency and gather thoughts from both the ticket officials and riders.

Merging with the existing ticketing structures poses a big problem as the goal is to cooperate with current standards and expand the technology. Running a successful test program will be key to tackling these obstacles.

Blockchain technology could change the way the UK’s transport ticketing system works, making it easier for you. This new approach could lead to benefits such as improved convenience, clearer transactions, lower costs, and better security.

APIs and connecting software can link current ticketing systems and blockchain, leading to efficient transactions. This includes giving out digital tokens for different types of tickets and their costs.

Innovative thinkers like David Leininger show us how blockchain could improve public transport ticketing systems. New models like STUB and STUB 2.0 are dealing with ticketing issues and updating systems for the digital era using techniques like Ontology.

Blockchain is shaking things up in the UK’s transport ticketing system, setting new standards and connecting systems like never before. Just think about how blockchain could change your everyday commute.