Abstract

Vehicle theft is a widespread and costly problem with thousands of cars stolen annually, impacting privacy, the economy, and security. Conventional database systems have proven unreliable, enabling a thriving market for stolen vehicles. In response, our study presents an innovative solution, leveraging the security of blockchain technology. By utilizing the Ethereum Virtual Machine (EVM) and Smart Contracts, our system is designed to thwart attacks, including Distributed Denial of Services (DDoS) attacks. Notably, Near Field Communication (NFC) enables the secure transmission of sensitive data for verification. Our research aims to evaluate the real-world impact of this technology, considering factors such as improvements in data security and the efficiency of the reporting process. One of the most notable outcomes of our proposal is the substantial reduction in reporting time for car theft. While conventional reporting typically takes several hours, our system streamlines the process to less than 1 minute. This innovation offers significant benefits to vehicle owners, law enforcement agencies, and the broader community.

Full Text
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