Blockchain-Based Car Rental Platform

Abstract

Abstract: Carpooling has seen a significant upsurge in popularity in recent years since it relieves commuters of the burden of driving a car and later spares them from the mad dash to locate a parking space. The industry now uses centralised database servers, which puts the system at risk of hacking, causes data leaks, and undermines security within the system. Additionally, there is a chance that the owner will misuse the data in a centralised system. Since the newly developed Blockchain technology provides complete anonymity and database transparency, data security and traceability may be guaranteed across the entire server. The goal of the suggested solution is to create and implement a blockchain-based, smart contract-based peer-to-peer vehicle sharing system. The Solidity programming language is utilised to carry out the smart contracts. Ethereum blockchain is used in the ecosystem's construction. Eliminating the middleman would result in a peer-to- peer (P2P) car-sharing programme, which would reflect decreased costs and exposure to data theft.