Digital Railway Ticketing Using Ethereum and Smart contracts

Abstract

Blockchain is a technology that allows for the secure exchange of values. It is made up of a "chain" of data packets that cannot be changed later. With blockchain technology, transactions between two parties may be efficiently and authentically recorded in an open distributed digital ledger. It uses a secure peer-to-peer technique in which verification and validation are carried out by the dispersed network's nodes rather than depending on a third trusted entity, such as a bank. This technology decreases the additional transaction costs that Third Parties suffer in addition to doing away with the need for them altogether. Blockchain based digital ticketing makes it possible to quickly create refundable, transferable, and traceable tickets. It might be used to the rail sector for intelligent ticketing and open, effective supply networks. It also improves security, ensures ticket validity, and gives you more power over the secondary market. This article describes an innovative blockchain-based digital ticketing network. We employ ether and smartcontracts after considering numerous factors such as ticket issuing platforms and earlier attempts at digital rail ticketing. Passengers can purchase tickets using an Ethereum wallet, and each passenger's address is saved in the blockchain along with the ticket price.