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“SYNOPSIS”
ON
To understand the probable advancements in Block chain technology and transportation industry
individually, furthering it with possible usage of Block chain in the said industry, and
To analyse and suggest changes possible to the existing legal and regulatory framework for the
purposes of this usage,
The primary and unalterable objective being efficiency and de-centralisation by maximising
accountability.
B. RESEARCH QUESTIONS
The following research questions will be dealt with in this study, aiming to envisage the problem
to its roots:
1. How can the Blockchain technology be applied in the transportation industry to ensure
efficiency and accountability for the new models?
3. What can be the legal and regulatory changes in the system to ensure a smooth
application, along with extending the features of efficiency and accountability to the
governing laws?
This study is restricted to primary and secondary sources of data and no empirical research is
being conducted. The research extends to technical evaluation of Blockchain and transportation,
but limits itself at the basic concepts required for this legal analysis.
D. RESEARCH METHODOLOGY
The research methodology adopted is doctrinal, in order to come up with a pragmatic legal
model.
The resources to this research are primary and secondary in nature. Books, articles, studies,
empirical research and other publications will be referred to for grasping the research problem to
its roots. The research will also use various market analysis articles and web publications by
eminent Blockchain and bitcoin enthusiasts for forming a speculative opinion.
E.
F. TENTATIVE CHARACTERISATION
This paper will essentially deal with three main topics. The first part will consist of a data based
speculative analysis of the application of Blockchain in the transportation industry, covering
public transport, privately owned vehicles, supply chains, autonomous cars and regulatory
applications.
The second part will consist of identifying the legal barriers to such an application, while at the
same time attempting to optimise the transportation laws via Blockchain. The research will aim
at a mutual benefit, wherein both the law, and the industry, are the beneficiaries.
The third part will deal with the changes that will be required in the legal and regulatory system
of India for the application of Blockchain.
G. BIBLIOGRAPHY
BOOKS
Gargi Rajvanshi, Transportation Law (1st edn, Lexis Nexis India, 2015)
Web articles