Smart Toll Booth System Using Smart Contract
Abstract
The present toll collection system has a number of problems, including varying toll rates on different roadways, heavy traffic, etc. Long wait times, theft from toll plazas, and other issues are problems that the toll collection system, particularly in India, encounters. Only 300 automobiles may be serviced by these systems each hour, and if more cars arrive at that area than that, severe traffic Jams could happen. For toll collection, the present toll methods, including Radio Frequency Identification (RFID), still require a lot of time. To address the above mentioned issues, this study discusses a GPS-based toll collection system. Every time a vehicle switches from a highway to a service road, this system would track the coordinates of the moving object. As a result, the user can pay the toll without being pulled over anywhere along the freeway. This system will leverage blockchain technology to construct a decentralized and intelligent mechanism for toll collection and tracking records because it has recently become one of the most well-liked technologies and has the potential to change the field of intelligent transportation systems. The technology uses blockchain smart contracts for the maintenance of security and integrity of records. Thus, presenting a strategy for putting into place a seamless toll collection system with the most transparency possible.
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