Blockchain Application on the Internet of Vehicles (IoV)

Abstract: With the rapid development of the Internet of Things (IoT) and its potential integration with the traditional Vehicular Ad-Hoc Networks (VANETs), we have witnessed the emergence of the Internet of Vehicles (IoV), which promises to seamlessly integrate into smart transportation systems. However, the key characteristics of IoV, such as high-speed mobility and frequent disconnections make it difficult to manage its security and privacy. The Blockchain, as a distributed tamper-resistant ledge, has been proposed as an innovative solution that guarantees privacy-preserving yet secure schemes. In this paper, we review recent literature on the application of blockchain to IoV, in particular, and intelligent transportation systems in general.