Scope: Sasken developed a solution for multimodal ticketing system that enables end user to seamlessly journey to their destination using multiple transport service providers – trains, buses, metros, cabs etc. Sasken was involved in defining the technology stack, blockchain architecture and data storage construct for this implementation
Solution:
- Supports on-boarding multiple PTOs while maintaining multi-tenancy
- Enables transaction level data security i.e. data is available only to approved entities
- Based on private blockchain ‘Ethereum’ to build more trust into the platform
- Employs proof of authority as consensus mechanism to ensure transactions are tamper proof
Impact:
- Built a blockchain driven platform of inter-connected entities
- Enables real-time revenue reconciliation among multiple PTOs
- Reduces effort for auditing and account preparation, gives organization an accurate view of their operations in near real-time
- Increases trust in the ecosystem among the various PTOs that interact with each other
- Improves commuter convenience by providing options for multiple modes of travel