Peer to Peer Carpooling Using Blockchain

Abstract: Peer-to-peer carpooling using blockchain is a decentralized approach that enables individuals to share their cars with others who are traveling in the same direction. Blockchain technology provides a secure and transparent way to handle transactions and eliminates the need for intermediaries. This paper proposes a peer-to-peer carpooling system that utilizes blockchain technology to facilitate transactions and provide a trustless environment. The proposed system would enable individuals to connect with each other and share rides without the need for a centralized platform. It also ensures that all transactions are recorded on the blockchain, providing transparency and security. The system would utilize smart contracts to automate the process of matching drivers with riders and handling payments. This approach could potentially reduce traffic congestion, lower transportation costs, and contribute to a more sustainable environment.

Keywords: Blockchain; peer-to-peer carpooling; ride sharing; decentralization