2019 ‘won’t be the year of blockchain’, says Fujitsu

Blockchain technology will not break through into the mainstream of the British transportation sector during 2019, according to Fujitsu. Blockchain has been touted as the solution to a number of transportation issues, but Chris Patton from Fujitsu’s EMEIA transport team urges caution. While acknowledging that the technology holds ‘exciting’ operational and commercial potential for the public transport sector, he says: “The key word there, though, is potential. While it is undeniable blockchain will ma
February 6, 2019 Read time: 2 mins

Blockchain technology will not break through into the mainstream of the British transportation sector during 2019, according to 5163 Fujitsu.

%$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 link-external Blockchain false http://www.itsinternational.com/categories/classification-data-collection/features/blockchain-the-next-big-thing-for-its-really/ false false%> has been touted as the solution to a number of transportation issues, but Chris Patton from Fujitsu’s EMEIA transport team urges caution.

While acknowledging that the technology holds ‘exciting’ operational and commercial potential for the public transport sector, he says: “The key word there, though, is potential. While it is undeniable blockchain will make an impact, it is not yet infallible and can fall prey to cyber-attacks.”

He believes that there will instead be a plethora of small blockchain projects this year “so that technology partners can demonstrate to stakeholders the benefits”. This will then lead to take-up by bigger transport organisations.

Patton’s prediction is one of several trends which Fujitsu sees emerging over the next 12 months. In a similar vein, he sees local use cases as vital to generate sufficient momentum in public sector Mobility as a Service (8356 MaaS) projects “before national scale overhauls can be made”.

Other trends identified are the need for increased security as transport becomes more connected. “It’s crucial to remember that if they are ‘connected’ they can be compromised,” he adds.

“Throughout 2019, there will undoubtedly be more significant attacks on national organisations, across sectors, which sees customer data falling into the wrong hands,” he warns.

While autonomous vehicle ride-sharing stands to be a useful addition to public transport, “the dangers involved with data hacking mean vehicles and services must be as close to impenetrable as possible before they are made widely available to consumers”.

Classification & Data Collection

For more information on companies in this article

Related Content

  • Bournemouth council urges residents to avoid social media ‘taxi’ service
    November 21, 2018
    People in the UK resort of Bournemouth are being warned not to use a ‘lifts-for-cash’ service which is operating in the town. A closed Facebook group called ‘Bournemouth & Poole town lifts’ has more than 7,000 members but council leaders say the service could be illegal. Members communicate via social media. Once accepted, they can ask for trips, talk to drivers or make money by using their vehicle as a taxi. But Nananka Randle, licensing team manager, planning and regulatory services, at Bournemouth Bo
    Read More
  • LA launches own ‘Green New Deal’
    August 15, 2019
    Los Angeles, once a temple to the automobile, has followed the Democrats in launching its own Green New Deal – and the city has made big pledges on urban mobility investment The Democratic Party has started something. The Green New Deal, one of whose most high-profile supporters is new congresswoman Alexandria Ocasio-Cortez, intends to persuade the public that swift action is necessary to combat climate change. Now the city of Los Angeles has followed suit, releasing what it calls ‘LA’s Green New Deal’.
    Read More
  • Intertraffic Mexico 2017 will emphasize tomorrow’s mobility challenges
    November 14, 2017
    Over 5,000 industry professionals are expected to attend the second edition of Intertraffic Mexico, held in Citibanamex from 15-17 November 2017. Exhibitors from 47 countries will showcase their latest products and solutions within infrastructure, traffic management, parking, safety and smart mobility. It is set to highlight the best practises from the mobility industry with 180 companies on the show floor. Organised by RAI Amsterdam and E.J. Krause Tarsus de Mexico (KTdM), the event stimulates the
    Read More
  • CVMA: Quebec's ZEV plan may create unintended consequences
    January 2, 2018
    The Canadian Vehicle Manufacturers Association’s (CVMA’s) president Mark Nantais has stated that Quebec’s Zero Emission Vehicle (ZEV) regulations “may result in unintended consequences for consumers, automobile dealers, industry and ultimately, Quebec's economy,” in response to the new strategy introduced by the province’s government. The standard aims to increase the number of ZEVs in the region and to reduce greenhouse gas and other pollutant emissions. It will come into effect on the 11 January 2018.
    Read More

Highlighted Content