Ride Sharing with Privacy, Trust and Fair Payment by using Blockchain

Abstract

Abstract: The idea of sharing economy provides rise to distinctive concepts and develops innovative businesses. This text aims to relate the good town concept by introducing the good transport system and explores the opportunities of adopting blockchain technology in ridesharing services. Blockchain technology could be a distributed, suburbanized public ledger that allows peer-topeer transactions in a very secure means with no third party. This proposes a blockchain-based framework from the prevailing centralized framework for a ride-sharing service and implements a similar as a suburbanized application (DApp) primarily based on good contracts on Ethereum Blockchain. exploitation good contracts facilitate the users with automated transactions, removes the intermediaries, and allows varied activities to be carried out safely and firmly. Implementation of good contracts is finished exploitation of the Solidity programming language. This DApp uses the min matching algorithmic program to match riders requesting rideshare to avoid wasting total travel distance. With the overwhelming growth in the usage of crypto currencies, good contracts usage in applications as projected during this paper will rework the sharing economy.