Blockchain for Intelligent Transportation Systems

Abstract

In smart cities, blockchain technology has the ability to completely transform how intelligent transportation systems (ITSs) function. Blockchain can offer a safe and decentralized platform for exchanging and storing data. Improve ITS systems' interoperability, security, and privacy. Blockchain technology may be applied to a number of ITS applications, such as decentralized markets for transportation services, smart contracts for driverless cars, and secure data transmission between automobiles, infrastructure, and service providers. Scalability and high processing power needs are two of the unique difficulties associated with integrating blockchain technology into ITS. Notwithstanding the difficulties, blockchain technology presents ITS in smart cities with a number of benefits, opening up new commercial avenues and encouraging innovation in transportation services. ITS's potential study topics and prospects for city development.