Blockchain for the Internet of Vehicles Towards Intelligent Transportation Systems: A Survey

TLDR: A contemporary survey on the latest advancement in blockchain for IoV is presented, highlighting the different application scenarios of IoV after carefully reviewing the recent literature and investigating several key challenges.

Abstract: Internet of Vehicles (IoV) is an emerging concept that is believed to help realize the vision of intelligent transportation systems (ITSs). IoV has become an important research area of impactful applications in recent years due to the rapid advancements in vehicular technologies, high throughput satellite communication, the Internet of Things, and cyber–physical systems. IoV enables the integration of smart vehicles with the Internet and system components attributing to their environments, such as public infrastructures, sensors, computing nodes, pedestrians, and other vehicles. By allowing the development of a common information exchange platform between vehicles and heterogeneous vehicular networks, this integration aims to create a better environment and public space for the people as well as to enhance safety for all road users. Being a participatory data exchange and storage, the underlying information exchange platform of IoV needs to be secure, transparent, and immutable in order to achieve the intended objectives of ITS. In this connection, the adoption of blockchain as a system platform for supporting the information exchange needs of IoV has been explored. Due to their decentralized and immutable nature, IoV applications enabled by blockchain are believed to have a number of desirable properties, such as decentralization, security, transparency, immutability, and automation. In this article, we present a contemporary survey on the latest advancement in blockchain for IoV. Particularly, we highlight the different application scenarios of IoV after carefully reviewing the recent literature. We also investigate several key challenges where blockchain is applied in IoV. Furthermore, we present the future opportunities and explore further research directions of IoV as a key enabler of ITS.