Towards Blockchain-based Ride-sharing Systems

Edgar Vazquez, Dario Landa-Silva

2021

Abstract

Blockchain technology has been used in finance, health care, supply chain, and transport, with the main goals of improving security and eliminating the need for a third party to manage transactions in the system. In blockchain, smart contracts are used to facilitate negotiation between stakeholders. The sharing economy movement has gained popularity in recent years in various sectors including transport. Ride-sharing has become an important component of sustainable transportation by increasing vehicle utilisation and reducing the number of vehicles on the road. Current ride-sharing systems are centralised with an intermediary maintaining users’ data and managing transactions between drivers and passengers. This paper proposes the use of blockchain and in particular smart contracts, to develop decentralised ride-sharing systems. The benefits of having a distributed approach to maintaining users’ data and managing transactions between users include more automation, more transparency, better data privacy, and possibly more trust between users.

Paper Citation

in Harvard Style

Vazquez E. and Landa-Silva D. (2021). Towards Blockchain-based Ride-sharing Systems.In Proceedings of the 10th International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES, ISBN 978-989-758-485-5, pages 446-452. DOI: 10.5220/0010323204460452

in Bibtex Style

@conference{icores21,
author={Edgar Vazquez and Dario Landa-Silva},
title={Towards Blockchain-based Ride-sharing Systems},
booktitle={Proceedings of the 10th International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES,},
year={2021},
pages={446-452},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010323204460452},
isbn={978-989-758-485-5},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 10th International Conference on Operations Research and Enterprise Systems - Volume 1: ICORES,
TI - Towards Blockchain-based Ride-sharing Systems
SN - 978-989-758-485-5
AU - Vazquez E.
AU - Landa-Silva D.
PY - 2021
SP - 446
EP - 452
DO - 10.5220/0010323204460452