Reliable Traffic Monitoring Mechanisms Based on Blockchain in Vehicular Networks
Jianxiong Guo, Xingjian Ding, Weili Wu

TL;DR
This paper presents a blockchain-based traffic monitoring system leveraging vehicles for data collection, ensuring reliable, secure, and cost-effective traffic information gathering in smart cities.
Contribution
It introduces a lightweight blockchain trading framework and a budgeted auction mechanism to motivate vehicles for traffic data collection, ensuring reliability and truthfulness.
Findings
The proposed framework guarantees reliable traffic data collection.
The auction mechanism ensures budget adherence and truthfulness.
Simulations confirm the system's efficiency and correctness.
Abstract
The real-time traffic monitoring is a fundamental mission in a smart city to understand traffic conditions and avoid dangerous incidents. In this paper, we propose a reliable and efficient traffic monitoring system that integrates blockchain and the Internet of vehicles technologies effectively. It can crowdsource its tasks of traffic information collection to vehicles that run on the road instead of installing cameras in every corner. First, we design a lightweight blockchain-based information trading framework to model the interactions between traffic administration and vehicles. It guarantees reliability, efficiency, and security during executing trading. Second, we define the utility functions for the entities in this system and come up with a budgeted auction mechanism that motivates vehicles to undertake the collection tasks actively. In our algorithm, it not only ensures that the…
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