Common Contracts
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Blockchain-hosted Data Access Agreements for Remote Condition Monitoring in RailData Access Agreements • August 13th, 2021
Advances in sensor technologies, remote authentication, and high-bandwidth data networks mean that Remote Condition Monitoring (RCM) systems are now an essential “Internet of Things” (IoT) resource for the efficient operation of railway infrastructure. However, the full potential of the big data generated by these systems has yet to be realised. RCM data within the industry is typically collected and used in silos, with limited possibility of exploitation across system boundaries. In 2013, the Rail Safety and Standards Board (RSSB), on behalf of the GB rail industry, established a cross-industry research programme, T1010, which aimed to build stronger cooperation between stakeholders and to enable sharing of RCM data. Building on the outputs of T1010, this work explores the use of blockchains and smart contracts (SC) in the automation, in an auditable and tamper-proof way, of commercial agreements for RCM data transfers in rail. By removing the limitations of paper-based agreements, we
