Emerging blockchain solutions in the mobility ecosystem: Associated risks and areas for applications

Authors

  • Cemal Zehir Professor, Faculty of Economics and Administrative Sciences, Yildiz Technical University, Davutpasa Cad., Esenler, 34220, Istanbul, Turkey
  • Melike Zehir School of Business, Ibn Haldun University, Ulubatli Hasan Cad., No: 2 Basaksehir, 34494, Istanbul, Turkey https://orcid.org/0000-0003-4700-8678

DOI:

https://doi.org/10.36096/brss.v4i2.394

Keywords:

Carbon Footprint, Data Marketplace, Digital Vehicle Identity, Distributed Ledger, V2X

Abstract

This study aims to identify the most influential blockchain types for potential implementation areas in the transforming mobility ecosystem, considering application area-specific needs such as transparency, transaction speed, scalability, energy usage, security, and operating cost. The study demonstrated the hybrid blockchain suitability for most of the 13 distinguished mobility applications, while private and consortium blockchains are found applicable based on the needs of specific use cases. A public blockchain is only found suitable for two of the use cases. Proof of Authority and Proof of Stake matches well with most use cases, while Practical Byzantine Fault Tolerance and Proof of Work could be suitable in particular.

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Published

2023-01-07

How to Cite

Zehir, C., & Zehir, M. (2023). Emerging blockchain solutions in the mobility ecosystem: Associated risks and areas for applications. Bussecon Review of Social Sciences (2687-2285), 4(2), 01–14. https://doi.org/10.36096/brss.v4i2.394

Issue

Section

Interdisciplinary Studies