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This paper aims to present the basic elements of the Smart Contract Framework (SCF) and the value of data sharing in a multimodal system. SCF is a business process that defines data exchange rules among Transport Service Providers (TSPs) that share the common goal of getting the passenger to his/her destination through a multimodal trip chain. It provides a centralized hub for the generation and management of contracts (i.e., data sharing agreements and smart contracts) via a web platform that allows TSPs to create, negotiate and continuously monitoring and making use of signed contracts. Most importantly, the storage of TSPs’ data and all the data sharing processes are executed outside this platform. Moreover, the SCF will provide a data driven environment where exchanged data can be further used for other purposes (e.g., analytics and business relationships’ analysis). Additionally, data sharing has the potential to create benefits for TSPs in the form of greater transparency, reduced costs, increased revenue, strengthened business relationships, etc.

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Implementation of a Novel Concept to Unlock Data Value in Multimodal Systems

  • 会议论文

  • 出版模式：

    开放获取

  • 发表日期：

    2026年

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  • Ismini Stroumpou,
  • Slavica Dožić,
  • Danica Babić,
  • Josep Lluis Larriba Pey,
  • Milica Kalić

摘要

This paper aims to present the basic elements of the Smart Contract Framework (SCF) and the value of data sharing in a multimodal system. SCF is a business process that defines data exchange rules among Transport Service Providers (TSPs) that share the common goal of getting the passenger to his/her destination through a multimodal trip chain. It provides a centralized hub for the generation and management of contracts (i.e., data sharing agreements and smart contracts) via a web platform that allows TSPs to create, negotiate and continuously monitoring and making use of signed contracts. Most importantly, the storage of TSPs’ data and all the data sharing processes are executed outside this platform. Moreover, the SCF will provide a data driven environment where exchanged data can be further used for other purposes (e.g., analytics and business relationships’ analysis). Additionally, data sharing has the potential to create benefits for TSPs in the form of greater transparency, reduced costs, increased revenue, strengthened business relationships, etc.