The ARDA Newsletter               June 2022 
Blockchain and Railroad Real Estate
Real Estate Committee Feature
Presented By:
David Christophersen                                                               James Fountain
CEO SkyRights Holdings LLC                                                 Senior Manager - Real Estate CN                                 
Deborah Marshall                                                                   Christopher A. Krier
Utility Relocation Manager                                                     PMP, SR/WA, R/W-RAC
Guy Engineering Services                                                       Deputy Director of Real Property                                                              California High-Speed Rail Authority
Railroad real estate drives incremental revenue from third-parties who lease ROW for routes and infrastructure only railroads can provide. Pipeline operators, utilities and telecoms prefer existing ROW because the costs associated with building new routes is prohibitive. Periodic advances in technology, like fiber optics in the Dotcom era, create growth opportunities for leasing ROW provided railroads are willing to make the necessary investments. This article is intended to be a brief overview of Blockchain technology and how it can unlock new opportunities for railroad real estate. 
What is Blockchain? 
Blockchain is a peer-to-peer decentralized distributed ledger technology (DLT) that makes the records of any digital asset transparent and unchangeable and works without involving any third-party intermediary. It is an emerging and revolutionary technology that is attracting a lot of public attention due to its capability to reduce risks and frauds in a scalable manner. 
Blockchain is a distributed, decentralized P2P network, offering multiple benefits over the traditional centralized network including increased system reliability and privacy. Moreover, such networks are much easier to scale and deal with no real single point of failure. The reason why Blockchain is distributed is because of shared communication and distributed processing. The P2P architecture of Blockchains provides several benefits such as greater security compared to traditional client-server based networks. A distributed P2P network, paired with a majority consensus requirement, provides Blockchains a relatively high degree of resistance to malicious activities.

Thank You 2021-22 arda Annual sponsors!

2022  Annual Meeting Registration Is Filling Fast!
Registration for the 2022 Annual Meeting is now live on the ARDA website and seats are filling fast! The Annual Meeting will be held on July 17-19, 2022 in Salt Lake City, Utah. 
Be sure to renew your membership to take advantage of our members only registration pricing. We look forward to a another great event!
As always all information about this event can be found at
If you have any questions regarding the 2022 Annual Meeting please contact Ashley Lauren at

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American Railway Development Association | PO Box 1092, Tallahassee, FL 32302


The  American Railway Development Association (ARDA) is a not-for-profit educational trade association founded in 1906 to promote Economic Development, Real Estate Development, Technology, and Environmental Activities of the North American Railroads.   The objectives of the Association are to foster the industrial, real estate, natural resources, market development activities and environmental concerns of the North American railroads; and through the advancement of ideas and education of its members, further promote the effectiveness of railway development and related work. For more information, visit the ARDA website at