BlockV: A Blockchain Enabled Peer-Peer Ride Sharing Service

Abstract

Ride sharing is a centralized trust based system where users trust the service providers for the ride set up, tracking, cancellation, fare calculation etc. Any malicious activity in the centralized server based system or driver or rider destroys the fairness involved in the ride and causes inconvenience to the parties. After the completion of the ride, the drivers are rated by the riders. There are possibilities that, a malicious rider can claim the refund with a fake complain and give the driver poor rating. Current system is not capable of deciding the correctness of the objections raised by either parties and provides a biased outcome of each objections as per the centralized company's marketing strategies. We present BlockV, a blockchain enabled solution to ensure the fairness of the ride. The creation, completion, dissatisfaction or abortion of any ride will be written in the blockchain ledger, hence will be available to all participants in the peer to peer network. This simultaneously ensures the fairness in maintenance of the inbuilt reputation system. We have implemented a prototype in Ethereum private network and KOVAN test network and the analysis is included.