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Future Blockchain Technology for Autonomous Applications/Autonomous Vehicle

Future Blockchain Technology for Autonomous Applications/Autonomous Vehicle
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Author(s): Arnab Kumar Show (Banaras Hindu University, India), Abhishek Kumar (Banaras Hindu University, India), Achintya Singhal (Banaras Hindu University, India), Gayathri N. (Galgotias University, India)and K. Vengatesan (Sanjivani College of Engineering, Savitribai Phule University, India)
Copyright: 2021
Pages: 13
Source title: Opportunities and Challenges for Blockchain Technology in Autonomous Vehicles
Source Author(s)/Editor(s): Amit Kumar Tyagi (Research Division of Advanced Data Science, Vellore Institute of Technolgy, Chennai, India), Gillala Rekha (K. L. University, India)and N. Sreenath (Pondicherry Engineering College, India)
DOI: 10.4018/978-1-7998-3295-9.ch010

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Abstract

The autonomous industry has rapidly grown for self-driving cars. The main purpose of autonomous industry is trying to give all types of security, privacy, secured traffic information to the self-driving cars. Blockchain is another newly established secured technology. The main aim of this technology is to provide more secured, convenient online transactions. By using this new technology, the autonomous industry can easily provide more suitable, safe, efficient transportation to the passengers and secured traffic information to the vehicles. This information can easily gather by the roadside units or by the passing vehicles. Also, the economical transactions can be possible more efficiently since blockchain technology allows peer-to-peer communications between nodes, and it also eliminates the need of the third party. This chapter proposes a concept of how the autonomous industry can provide more adequate, proper, and safe transportation with the help of blockchain. It also examines for the possibility that autonomous vehicles can become the future of transportation.

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