TRAFFIC MANAGEMENT SYSTEM BASED ON BLOCKCHAIN TECHNOLOGY AND INTERNET OF THINGS

Abstract

Blockchain is undergoing rapid development and has revolutionary potential applications in Intelligent Transportation Systems (ITS). Blockchain can be used to create a secure, reliable and decentralised autonomous system, creating the best use of legacy infrastructure and resources. One of the most important issues is the security issues caused by the evolution of ITS towards centralisation. Fast-growing technologies, including the Internet of Things (IoT) and cloud computing, enable most data processing, analysis and decision-making by centralised systems. With the continuous development of the Internet of Things, all kinds of smart systems are rapidly evolving to make life safer. Like many other industries, transport has entered a period of rapid change. The Intelligent Transport System is one of the fastest growing areas of smart systems, which is expected to improve road safety, alleviate traffic congestion and increase fuel efficiency. The main functions of an intelligent transport system are as follows: real-time monitoring of road conditions in specific areas, locating traffic accidents (crashes) in specific areas, dynamic monitoring and managing the continuous use of public transport services, which can lead to changes in vehicle traffic. In this paper, the above-mentioned functionality of an intelligent transport system will be used as basic modelling scenarios for the design and implementation of an intelligent transport system based on the Internet of Things and blockchain – both of which have the inherent characteristics of distributed technology – combining sensor nodes of the Internet of Things and distributed registry technology, to record changes in intelligent transport systems and create a credit token mechanism for op The intelligent transport system described in this paper is intended to be used only as a pilot project, subject to the conditions as shown in the simulated scenario. In real-world traffic scenarios, it may produce more complex system and data security issues, which will be described and analysed in detail in the article. An intelligent traffic system is a complex intelligent system; it can significantly change and reinvent the wheel for traffic conditions. Based on the system development discussed in this article, there are many more requirements and issues that need to be addressed in the future. Such topics will be covered in detail in our subsequent studies.