Blockchain technology brings benefits to the mobility and transportation system. Highlight for some applications:
- Supply chain management to track the entire chain from production to delivery, preventing counterfeiting and improving transparency.
- Electric vehicle charging creates a decentralized network of electric vehicle charging stations and provides greater driver flexibility.
- Smart contracts that automate processes like payments, insurance, and maintenance reduce paperwork and increase efficiency.
- Decentralized ride-sharing allows passengers to connect directly with drivers, without the need for a central authority, reduces costs, and increases accessibility with flexibility for drivers and passengers.
- Transparency and traceability for various mobility and transport system activities such as registration, maintenance, and inspections can help increase accountability and reduce fraud and corruption.
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Check also the following useful link: Article Towards blockchain-IoT based shared mobility: Car-sharing an...
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A study presented on OSDI 2020 investigates a high-throughput blockchain over mobile devices: Preprint Blockene: A High-throughput Blockchain Over Mobile Devices
Blockchain technology has the potential to revolutionize the mobility system by providing a secure and transparent platform for transactions and data sharing. Here are some ways in which Blockchain can be used in the mobility system:
1. Smart Contracts: Smart contracts can be used to automate transactions between different parties involved in the mobility system, such as car rental companies, ride-sharing services, and insurance providers. These contracts can be programmed to execute automatically when certain conditions are met, reducing the need for intermediaries and increasing efficiency.
2. Decentralized Data Sharing: Blockchain technology allows for decentralized data sharing, which means that data can be shared securely and transparently between different parties without the need for a central authority. This can help improve safety and efficiency in the mobility system by allowing different vehicles and infrastructure to communicate with each other.
3. Secure Payments: Blockchain technology provides a secure platform for payments by using cryptography to protect transactions from fraud and hacking. This can help reduce fraud and increase trust in the mobility system.
4. Vehicle Identity: Blockchain technology can be used to create a unique identity for each vehicle on the network, which can help prevent theft and fraud by ensuring that only authorized vehicles are allowed on the network.
Overall, Blockchain technology has enormous potential to transform the mobility system by improving efficiency, transparency, security, and trust between different parties involved in this complex ecosystem.
Supply Chain Management: Blockchain can be used to track and verify the movement of goods and components in the mobility supply chain. It enables transparency by recording each transaction on a distributed ledger, ensuring the integrity and traceability of parts, reducing fraud, and improving efficiency.
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