Abstract
In the emerging world of IoT applications, machines are going to be at the endpoints of the Internet engaging in complex Machine to Machine (M2M) communications. Be it a personal assistant (softbot)making an appointment with a doctor or an autonomous car filling fuel or charging at a refueling station, in the future, it is going to be M2M communications without human intervention. In such a scenario, robust and secure technology is essential to record every M2M transactions. This paper makes use of blockchain, a distributed ledger technology for intelligent transportation systems. It is proposed that blockchain networks such as Ethereum have the foundations to record and satisfy the transaction that has happened between the machines. A permissioned Ethereum blockchain the smart contract is used for recording each every transaction that come off between the car and electric station. An algorithm is proposed to recharge the autonomous electric vehicles as a case study.
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