Cycle4Value: A Blockchain-based Reward System to Promote Cycling and Reduce CO2 Footprint

Alexander Seewald, Mihai Ghete, Thomas Wernbacher, Mario Platzer, Josefine Schneider, Dietmar Hofer, Alexander Pfeiffer

2021

Abstract

In Cycle4Value (C4V), a transparent and low-threshold reward model to promote cycling based on the key technology blockchain is being researched and tested in practice for the first time. The economic, health and ecological benefits are presented in a simple and comprehensible way and, after a plausibility check using a pretrained machine learning model, are converted into a real value, i.e. a cycle token. These units of value are stored in a digital wallet and can be reimbursed in a marketplace set up for testing. The research project goes beyond conventional incentive systems, since 1) the storage of the value units as well as the payment process is decentralised, tamper-proof and transparent, and 2) the real economic and environmental benefit of active cycling is monetized in a fair manner. Initially we describe the background of the project. The main part of this paper concerns ongoing work on the plausibility check which also needs to be able to detect cheating.

Paper Citation

in Harvard Style

Seewald A., Ghete M., Wernbacher T., Platzer M., Schneider J., Hofer D. and Pfeiffer A. (2021). Cycle4Value: A Blockchain-based Reward System to Promote Cycling and Reduce CO2 Footprint.In Proceedings of the 13th International Conference on Agents and Artificial Intelligence - Volume 2: ICAART, ISBN 978-989-758-484-8, pages 1082-1089. DOI: 10.5220/0010318010821089

in Bibtex Style

@conference{icaart21,
author={Alexander Seewald and Mihai Ghete and Thomas Wernbacher and Mario Platzer and Josefine Schneider and Dietmar Hofer and Alexander Pfeiffer},
title={Cycle4Value: A Blockchain-based Reward System to Promote Cycling and Reduce CO2 Footprint},
booktitle={Proceedings of the 13th International Conference on Agents and Artificial Intelligence - Volume 2: ICAART,},
year={2021},
pages={1082-1089},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010318010821089},
isbn={978-989-758-484-8},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 13th International Conference on Agents and Artificial Intelligence - Volume 2: ICAART,
TI - Cycle4Value: A Blockchain-based Reward System to Promote Cycling and Reduce CO2 Footprint
SN - 978-989-758-484-8
AU - Seewald A.
AU - Ghete M.
AU - Wernbacher T.
AU - Platzer M.
AU - Schneider J.
AU - Hofer D.
AU - Pfeiffer A.
PY - 2021
SP - 1082
EP - 1089
DO - 10.5220/0010318010821089