Velink - A Blockchain-based Shared Mobility Platform for Private and Commercial Vehicles utilizing ERC-721 Tokens

Dominic Pirker, Thomas Fischer, Harald Witschnig, Christian Steger

Research output: Chapter in Book/Report/Conference proceedingConference paperpeer-review

Abstract

Transportation of people and goods is important and crucial in the context of smart cities. The trend in regard of people's mobility is moving from privately owned vehicles towards shared mobility. This trend is even stronger in urban areas, where space for parking is limited, and the mobility is supported by the public transport system, which lowers the need for private vehicles. Several challenges and barriers of currently available solutions retard a massive growth of this mobility option, such as the trust problem, data monopolism, or intermediary costs. Decentralizing mobility management is a promising approach to solve the current problems of the mobility market, allowing to move towards a more usable internet of mobility and smart transportation. Leveraging blockchain technology allows to cut intermediary costs, by utilizing smart contracts. Important in this ecosystem is the proof of identity of participants in the blockchain network. To proof the possession of the claimed identity, the private key corresponding to the wallet address is utilized, and therefore essential to protect. In this paper, a blockchain-based shared mobility platform is proposed and a proof-of-concept is shown. First, current problems and state-of-the-art systems are analyzed. Then, a decentralized concept is built based on ERC-721 tokens, implemented in a smart contract, and augmented with a Hardware Security Module (HSM) to protect the confidential key material. Finally, the system is evaluated and compared against state-of-the-art solutions.

Original languageEnglish
Title of host publication2021 IEEE 5th International Conference on Cryptography, Security and Privacy, CSP 2021
PublisherInstitute of Electrical and Electronics Engineers
Pages62-67
Number of pages6
ISBN (Electronic)9781728186214
DOIs
Publication statusPublished - 8 Jan 2021
Event5th IEEE International Conference on Cryptography, Security and Privacy: CSP 2021 - Virtuell, Austria
Duration: 8 Jan 202110 Jan 2021

Publication series

Name2021 IEEE 5th International Conference on Cryptography, Security and Privacy, CSP 2021

Conference

Conference5th IEEE International Conference on Cryptography, Security and Privacy
Abbreviated titleCSP 2021
Country/TerritoryAustria
CityVirtuell
Period8/01/2110/01/21

Keywords

  • Blockchain
  • ERC-721
  • Ethereum
  • HSM
  • Shared mobility
  • Smart contract
  • Token

ASJC Scopus subject areas

  • Computer Networks and Communications
  • Information Systems and Management
  • Safety, Risk, Reliability and Quality

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