Application of distributed and decentralized technologies in the management of intelligent transport systems

Abstract

Shifting focus from the field of distributed and decentralized technologies in the management of intelligent transportation systems (ITS), we now delve into the specific application of blockchain in transportation management. Blockchain is a fundamental component of distributed and decentralized technologies. The research paper discusses the utilization of blockchain technology in managing transportation systems through multi-agent systems. Specifically, the use of blockchain technology is examined in the context of the quick road system (QRS) in ITS to provide a service for obtaining a special fare status. This service aims to establish a decentralized network that facilitates real-time road lane sharing. The study indicates that depending on traffic situations, drivers can share their lane space with other vehicles traveling on the same route by exchanging incentives via blockchain with other private car owners, thereby allowing for faster travel for individuals in a hurry or those requiring priority access to fast lanes. The paper also addresses the increasing number of connected devices in ITS due to the development of the internet of things (IoT) technology. It highlights the importance of efficiently utilizing large datasets and identifies the internet of vehicles (IoV) as a crucial area of integration for existing IoT technologies to address smart traffic within multi-agent systems.