Justīna HUDENKO

Ekonomikas filozofija

The Application of Blockchain Technologies for Rail Transit Customs Procedures

Participation in RelStat-2019. The 19th International Multi-Conference Reliability and Statistics in Transportation and Communication. The presentation is here.

Main conculsions: 

1.Generally most of the critical operations on the cross-bordering station appear during the execution of the customs procedures.

2.They certainly can be improved using distributed data ledger technology, of which public blockchain technology having reported the highest economic preferences.

3.The subjective factors like the awareness of data/system damage or loss are at least equally important to economic reasons.

4.The economic advantages of blockchain technologies can be achieved through further investigation in this area and phasing new knowledge and technologies to customs.

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