ANALYSIS OF TRENDS IN FREIGHT TRANSPORT METHODS AND TECHNOLOGIES IN THE PEOPLE'S REPUBLIC OF CHINA

Abstract

Blockchain is undergoing rapid development and has revolutionary potential for application in Intelligent Transportation Systems (ITS) applications. 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 to-wards centralisation. Fast-growing technologies, including the Internet of Things (IoT) and cloud computing, enable most data processing, analysis and decision-making by centralised systems.