Journal of Tashkent Institute of Railway Engineers


Objective: to Consider the advantages and disadvantages of using blockchain technology and the possibility of introducing cryptocurrencies in the transport sphere of Russia. Methods: methods of generalization, grouping, comparative analysis, system approach, problem statement, study of literary sources and normative-legislative documents, results of activity, study and generalization of experience were Used. Results: blockchain technology applied to cryptocurrencies is Considered. The principle of operation of the blockchain technology in the transaction of bitcoins between users in relation to the railway industry. The conclusion is made about the problems of introduction of cryptocurrencies as payment instruments in the near future due to the lack of legal framework in the Russian Federation related to digital currencies. Practical impotmance: the Developed principles of blockchain technology implementation in the railway industry with digitization of a number of processes will reduce costs and reduce the cost of rail transportation.

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