PADaaV: Blockchain-Based Parking Price Prediction Scheme for Sustainable Traffic Management

In most countries, traffic congestion has reached a level where managing traffic is tedious for regulatory bodies. The traffic management faced many issues such as route routing based on congestion, delivery of messages/emails to end-users, and real-time allocation of parking slots. There have been...

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Bibliographic Details
Published in:IEEE access 2022, Vol.10, p.50125-50136
Main Authors: Kakkar, Riya, Alzubi, Jafar, Dua, Amit, Agrawal, Smita, Tanwar, Sudeep, Agrawal, Rajat, Sharma, Gulshan, Bokoro, Pitshou N., Sharma, Ravi
Format: Article
Language:English
Subjects:
Blockchain
Blockchains
Costs
Cryptography
Data storage
Electronic mail
Memory
Parking
Profits
second price auction model
Security
Smart contracts
Traffic congestion
Traffic management
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Summary:In most countries, traffic congestion has reached a level where managing traffic is tedious for regulatory bodies. The traffic management faced many issues such as route routing based on congestion, delivery of messages/emails to end-users, and real-time allocation of parking slots. There have been many works on predicting parking prices for traffic management, but most favor users or owners and are not secure. To address these issues, a blockchain and Interplanetary File System (IPFS)-based parking price prediction scheme ( PADaaV ) is proposed to facilitate the users to reserve a parking slot securely and efficiently. It mainly focuses on ensuring security, privacy, and transparency for parking slot owners and users. Furthermore, we employ a second price auction model to optimize the parking price for users, and parking slot owners can also get benefit from it. The performance of the PADaaV has been simulated for 100 users with 40 parking slots based on different auction models. The various performance parameters considered are profit for users, profit for parking slot owners, overall revenue of the system, scalability, computation time, and data storage cost. The performance results show that the PADaaV is secure and beneficial for users and parking slot owners.
ISSN:2169-3536
2169-3536
DOI:10.1109/ACCESS.2022.3173162