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German Railway Operator Examines Deploying Blockchain to Tokenize Its Ecosystem

Published 2018-12-21, 01:08 p/m
German Railway Operator Examines Deploying Blockchain to Tokenize Its Ecosystem

German railway operator Deutsche Bahn AG (DB) has partnered with blockchain integration platform Unibright to examine the possibility of tokenizing its ecosystem. A press release revealed the partnership on Tuesday, Dec. 18.

DB appointed Unibright to make preparations for an internal workshop, dedicated to the possible tokenization of the company’s assets. The railway giant, which is considered to be the largest in Europe, wants to find out whether decentralized solutions can cut operational costs and help DB interact with other members of the travel industry.

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