2020
DOI: 10.1109/access.2020.3040229
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BCVehis: A Blockchain-Based Service Prototype of Vehicle History Tracking for Used-Car Trades in China

Abstract: The vehicle information in used-car transactions is always asymmetric and disputes always happen in China. In order to reduce such disputes caused by the lack of transparency in a transaction, Blockchain technology is adopted to construct a trust mechanism for vehicle information storage and sharing in a transparent manner. In this work, a Blockchain-based vehicle history storing and tracking service, named BCVehis, is proposed. BCVehis allows vehicle owners, vehicle authority, mechanic workshops, insurance br… Show more

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Cited by 23 publications
(13 citation statements)
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“…Our results support the automobile industry's various initiatives in developing an eco-system built on trust and partnership. Chen et al (2020) advocate BT's use in resolving the disputes that occur in the used car transactions due to lack of transparency in transactions. They propose BT to upload the vehicle information by the owners, regulatory authorities, workshop mechanics, insurance agencies, and other automobile eco-system stakeholders, benefitting the used car transactions.…”
Section: Managerial Implicationsmentioning
confidence: 99%
“…Our results support the automobile industry's various initiatives in developing an eco-system built on trust and partnership. Chen et al (2020) advocate BT's use in resolving the disputes that occur in the used car transactions due to lack of transparency in transactions. They propose BT to upload the vehicle information by the owners, regulatory authorities, workshop mechanics, insurance agencies, and other automobile eco-system stakeholders, benefitting the used car transactions.…”
Section: Managerial Implicationsmentioning
confidence: 99%
“…In addition, the data should be collected at a certain time on one server, which represents a single point of failure. An advanced trial was introduced using Blockchain technology, in which the Blockchain was used as a database for tracking vehicles' histories and service maintenance; the system was named "BCVehis" [30]. It allows all contributors, such as the vehicle's owner, maintenance workshop, dealer, insurance company, etc., to contribute with blocks for continuous monitoring of the vehicle's history and services.…”
Section: Literature Review and Related Workmentioning
confidence: 99%
“…During the entire lifecycle, system development, system artifacts, and disciplinary knowledge are the three main aspects that should be considered when developing MBSE models [29], [30]. To demonstrate different views, model components are connected by different reference connections in different MBSE languages.…”
Section: A Problem Statementmentioning
confidence: 99%