Blockchain based Decentralized Vehicle Booking Service

Abstract

Online vehicle booking service became a growing need now-a-days as it offers an efficient and cheaper alternative. One can directly call a taxi to any location at any time they want without the need for a lengthy delay. There are various platforms implementing online vehicle booking service but the major issue with them is having a centralized authority which are pocketing huge profits. A fixed percentage of money paid by the user is taken by the centralized authority. These centralized systems also tend to misuse their user’s data and are also prone to several attacks. One of the best solutions to this problem is to use BlockChain. Our objective is to avoid this centralized authority by creating a decentralized application. Not just removing the central authority, BlockChain also provides several features like immutability, better transparency, enhanced security and traceability. Platforms like Ethereum and Hyperledger allow one to develop decentralized applications and deploy them in the blockchain. Smart Contracts can be developed using Solidity to achieve decentralization. This maintains transparency, immutability and removes a central authority which may misuse its user's information.