An Energy-Efficient Transaction Model for the Blockchain-Enabled Internet of Vehicles (IoV)

Vishal Sharma*

*Corresponding author for this work

Research output: Contribution to journalArticle

26 Citations (Scopus)

Abstract

The blockchain is a safe, reliable, and innovative mechanism for managing numerous vehicles seeking connectivity. However, following the principles of the blockchain, the number of transactions required to update ledgers poses serious issues for vehicles as these may consume the maximum available energy. To resolve this, an efficient model is presented in this letter, which is capable of handling the energy demands of the blockchain-enabled Internet of Vehicles by optimally controlling the number of transactions through distributed clustering. Numerical results suggest that the proposed approach is 40.16% better in terms of energy conservation and 82.06% better in terms of the number of transactions required to share the entire blockchain data compared with the traditional blockchain.

Original languageEnglish
Article number8548560
Pages (from-to)246-249
JournalIEEE Communications Letters
Volume23
Issue number2
Early online date27 Nov 2018
DOIs
Publication statusPublished - 01 Feb 2019
Externally publishedYes

Keywords

  • Blockchain
  • energy-efficiency
  • IoT
  • IoV

ASJC Scopus subject areas

  • Modelling and Simulation
  • Computer Science Applications
  • Electrical and Electronic Engineering

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