Utilizing Blockchain for Effective Urban Street Vendor Management

Abstract

Blockchain technology provides efficient, transparent and secure street vendor management. The paper aims to investigate the role of blockchain in street vendor management in the city. The study proposes to solve the problem at both ends for municipal corporations to manage street vendors and have a transparent system to address their issues. We suggest a model to improve the functioning of the municipal corporation and help the local administration. The paper focuses on a Blockchain-based Street Vendor Management (SVM) that automates the registration process and allot a street ID to the street vendor. SVM utilised the power of blockchain technology to offer a secure, efficient, immutable and transparent system. Ethereum-based smart contracts are used to build a standard nationwide registration process. The main players of SVM are street vendors, local administrators, and global administrators. Further, the proposed model can be integrated to perform transactions among customers, street vendors, local and global administrators.