In a move to enhance travel experiences and commemorate the festival of Holi, Indian Railways will be offering nonfungible token (NFT) train tickets for two Delhi-bound trains from March 20th to April 2nd. Passengers boarding the Tejas Express 82501 and 82502 trains will have the unique opportunity to receive their tickets in the form of NFTs, announced the Indian Railway Catering and Tourism Corporation (IRCTC). According to IRCTC, these NFT tickets are not just digital souvenirs but also a celebration of the cultural richness of Lucknow and Delhi.
The initiative aims to elevate the journey experiences of travelers by introducing personalized NFTs that can be verified on the blockchain by both authorities and the public. Co-powered by the digitization platform NFTtrace, the project seeks to pay homage to the festival of colors, Holi. NFTtrace will facilitate the maintenance of ticket purchase records on the Hyperledger blockchain, employing smart contracts to ensure the traceability process.
With over 1.2 million tickets booked daily on IRCTC, the integration of NFTs into train ticketing holds the potential to significantly boost NFT adoption in the region. Digitizing tickets with NFTs not only enhances security but also addresses issues of forgery and misplacement commonly encountered with traditional paper tickets.
India’s foray into blockchain technology extends beyond NFT train tickets, with the country actively leveraging platforms like Hyperledger Fabric, Hyperledger Sawtooth, and Ethereum. Recently, it was revealed that India’s National Informatics Centre hosts nearly eight million verifiable government-issued documents across five blockchains. These blockchain products, including certificate chain, document chain, drug logistics chain, judiciary chain, and property chain, underscore India’s commitment to harnessing blockchain for various sectors, including governance, logistics, and judiciary.
As India continues to explore the potential of blockchain technology, initiatives like NFT train tickets represent innovative steps toward digitization, security, and efficiency in everyday transactions and experiences.
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