TY - GEN
T1 - Developing a Vehicle Networking Platform Based on Blockchain Technology
AU - Cho, Siu Yeung
AU - Chen, Ningyuan
AU - Hua, Xiuping
N1 - Publisher Copyright:
© 2019, Springer Nature Switzerland AG.
PY - 2019
Y1 - 2019
N2 - 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.
AB - 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.
KW - Artificial neural networks
KW - Blockchain technology
KW - Driving behaviour
KW - Vehicle networking
UR - http://www.scopus.com/inward/record.url?scp=85068251071&partnerID=8YFLogxK
U2 - 10.1007/978-3-030-23404-1_13
DO - 10.1007/978-3-030-23404-1_13
M3 - Conference contribution
AN - SCOPUS:85068251071
SN - 9783030234034
T3 - Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
SP - 186
EP - 201
BT - Blockchain – ICBC 2019 - 2nd International Conference, Held as Part of the Services Conference Federation, SCF 2019, Proceedings
A2 - Joshi, James
A2 - Nepal, Surya
A2 - Zhang, Qi
A2 - Zhang, Liang-Jie
PB - Springer Verlag
T2 - 2nd International Conference on Blockchain, ICBC 2019, held as part of the Services Conference Federation, SCF 2019
Y2 - 25 June 2019 through 30 June 2019
ER -
