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.
Publisher
Bussecon International Academy
Cited by
1 articles.
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1. Exploring the Use of Blockchain Technology in IoT Applications;Blockchain - Pioneering the Web3 Infrastructure for an Intelligent Future [Working Title];2023-12-21