Abstract
Blockchain technology has been developing very rapidly through the entire world and is widely seen as one of the most disruptive forces in modern businesses. The applications of blockchain technology to the finance, insurance and automobile industries create extra values in innovation and motivation to the business. This paper is to describe the research and development work called iCarChain which is based on vehicle networking and blockchain technology, through distributed ledger, consensus mechanism, smart contract and other underlying architectures, using open and transparent value acquisition and an artificial intelligence based allocation algorithm to achieve value realization of data on vehicle and driving behavior. Each user (vehicle owner or driver) is referred to install an intelligent OBD device. The device captures the real-time data from vehicles to produce value identification. With such technology, the values of data acquisition and transparent can be transferred through the token carriers called iCarToken which is an incentive unit launched for users to contribute their behavior value, which is generated by blockchain and smart contract, and is gained through the value of contribution behavior.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsReferences
https://www.giiresearch.com/report/rinc298457-china-automotive-distribution-industry-automotive.html
Sharma, P.K., Moon, S.Y. Park, J.H.: Block-VN: a distributed blockchain based vehicular network architecture in smart city. J. Inf. Process. Syst. 13(1), 184–195 (2017). (https://doi.org/10.3745/JIPS.03.0065)
https://www.rtinsights.com/blockchain-pilot-smart-contracts-docusign-visa/
Crosby, M., Nachiappan, P.P., Verma, S., Kalyanaraman, V.: BlockChain technology: beyond bitcoin. Appl. Innov. Rev. 2, 71 (2016)
Iansiti, M., Lakhani, K.R.: The truth about blockchain. Harvard Bus. Rev. 95(1), 118–127 (2017)
Lewis, A.: A gentle introduction to blockchain technology. Gentle introduction reference papers™. Digital Currency Insights (2015)
Guo, Y., Liang, C.: Blockchain application and outlook in the banking industry. Finan. Innov. (2016). https://doi.org/10.1186/s40854-016-0034-9
Tapscott, D., Tapscott, A.: Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World. Penguin, New York (2016)
Nakamoto, S.: Bitcoin: a peer-to-peer electronic cash system (2008). https://bitcoin.org/bitcoin.pdf
Papadopoulos, G.: Blockchain and digital payments: an institutionalist analysis of cryptocurrencies. In: Chuen, D.L.K. (ed.) Handbook of Digital Currency: Bitcoin, Innovation, Financial Instruments, and Big Data, pp. 153–172. Elsevier, London (2015)
Walker, M.: Blockchain and bitcoin: in search of a critique. LSE Bus. Rev. (2017). http://eprints.lse.ac.uk/85309/1/businessreview-2017-10-30-blockchain-and-bitcoin-in-search-of-a.pdf
Chong, A., Lim, E., Hua, X., Zheng, S., Tan, C.-W: Business on chain: a comparative study of five blockchain-inspired business models. J. Assoc. Inf. Syst. Forthcoming (2019)
Crosby, M., Pattanayak, P., Verma, S., Kalyanaraman, V.: Blockchain technology: beyond bitcoin. Appl. Innov. Rev. (2016). https://j2-capital.com/wp-content/uploads/2017/11/AIR-2016-Blockchain.pdf
Beck, R., Müller-Bloch, C., King, J.L.: Governance in the blockchain economy: a framework and research agenda. J. Assoc. Inf. Syst. 19(10), 1020–1034 (2018)
https://www.asiaasset.com/news/BNPSS-gte_nim3_final_DM2202.aspx
Zhang, Y., Lin, W.C., Chin, Y.-K.S.: A pattern-recognition approach for driving skill characterization. IEEE Trans. Intell. Transp. Syst. 11(4), 905–916 (2010)
Ers´eus, A.: Driver-vehicle interaction, identification, characterization and modeling of path tracking skill Ph.D. Thesis, Royal Institute of Technology (KTH), Stockholm, Sweden (2010)
George, J.A.: Understanding Driving: Applying Cognitive Psychology to a Complex Everyday Task. Psychology Press (2000)
Tokutake, H., Sugimoto, Y., Shirakata, T.: Real-time identification method of driver model with steering manipulation. Veh. Syst. Dyn. 51(1), 109–121 (2013)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 Springer Nature Switzerland AG
About this paper
Cite this paper
Cho, SY., Chen, N., Hua, X. (2019). Developing a Vehicle Networking Platform Based on Blockchain Technology. In: Joshi, J., Nepal, S., Zhang, Q., Zhang, LJ. (eds) Blockchain – ICBC 2019. ICBC 2019. Lecture Notes in Computer Science(), vol 11521. Springer, Cham. https://doi.org/10.1007/978-3-030-23404-1_13
Download citation
DOI: https://doi.org/10.1007/978-3-030-23404-1_13
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-23403-4
Online ISBN: 978-3-030-23404-1
eBook Packages: Computer ScienceComputer Science (R0)