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    Home»Noticias»Russian Railways and Pension Fund of the Russian Federation will sell discount tickets using the blockchain

    Russian Railways and Pension Fund of the Russian Federation will sell discount tickets using the blockchain

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    By BlockchainJournal on junio 20, 2019 Noticias
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    The Pension Fund of the Russian Federation and OJSC Russian Railways (RZD) entered into an agreement according to which a blockchain platform will be created for issuing discount tickets for suburban routes. This is reported by the whistle.

    The new system will be created in the framework of the implementation of laws on mandatory pension insurance. In particular, with the help of the platform it is planned to simplify the purchase of tickets for citizens who have privileges to travel by rail.

    The technology of the distributed registry is planned to be used to minimize the cost of carriers for the design of free travel for preferential categories. For example, citizens in such categories will receive a digital card and when they buy a ticket, the system will contact the blockchain to check for the availability of a benefit.

    The blockchain will also record information about the cost of the trip. Thus, they can be accessed by the Pension Fund, the Russian Railways and the authorities, which, on the basis of the data, will compensate the fare to the carrier.

    A pilot project to test the new system starts in St. Petersburg, Karelia, Murmansk, Pskov, Leningrad and Novgorod regions.

    Recall earlier it became known that in support of the development of digital technologies in Russia can allocate 280 billion rubles from the state budget.

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