Smart contract based decentralized parking management in ITS

Abstract

Providing a better experience to the drivers is one of the core objectives of implementing Intelligent Transportation Systems (ITS). ITS aims to offer a range of services for making the life of drivers more comfortable. However, the way these ITS related services are implemented until now is centralized and is somewhat cumbersome. Centralized approach for implementing ITS services make the customers and the stakeholders of the services trust and depend on various intermediaries. Moreover, such an approach is often prone to a single point of failure which affects the availability of the services. Decentralized technologies such as Blockchain and Smart Contracts can help address such issues. In this paper, we study the scope of Blockchain Technology in implementing ITS related services. We design a decentralized system for Parking Management in ITS using Smart Contracts. We implement our proposed system on the Ethereum blockchain platform to demonstrate its feasibility.