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Smart city article details

Title A Blockchain-Based And Iot-Powered Smart Parking System For Smart Cities
ID_Doc 492
Authors Sathya A.R.
Year 2023
Published Lecture Notes in Networks and Systems, 493
DOI http://dx.doi.org/10.1007/978-981-19-4990-6_54
Abstract Blockchain the decentralized, transparent, and immutable ledger technology is revolutionizing different business domains like FinTech, supply chain, health care, and governance. Automotive industry is one such domain where blockchain can be adopted for a decentralized access and operations. On the contrary, Internet of Things (IoT) also offers numerous opportunities for business that needs smart operations. Therefore, the combination of these promising technologies creates wider opportunities for development of efficient systems. This paper briefs how blockchain driven by smart contracts helps in parking lots powered with IoT helps in creating a smart parking system as there is a huge difficulty in finding parking ports in metro cities. The system can be automated with the help of smart contracts, and the IoT sensors help in easy finding of vacant spots and parking fee and fine. © 2023, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
Author Keywords Blockchain; Internet of Things; Smart contracts; Smart parking


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