Digital Twin Based Remote Resource Sharing in Internet of Vehicles using Consortium Blockchain

Published: 01 Jan 2021, Last Modified: 15 May 2025VTC Fall 2021EveryoneRevisionsBibTeXCC BY-SA 4.0
Abstract: With the evolving Internet of Vehicles (IoVs), the onboard resources of vehicles in computing and communication are experiencing fast growth. The sharing of road information and computing results among vehicles in proximity can effectively improve the utility of IoVs. However, remote inter-vehicular resource sharing, e.g., information and computing resource sharing, remains an under-explored issue. Motivated by this, we propose a novel digital twin based fair trading platform built upon consortium blockchain to enable city-wide vehicular resource sharing. Specifically, we first develop a digital twin based vehicular platform to enable vehicular resource sharing in the cloud. To track and secure the resource sharing among digital twins, the consortium blockchain is deployed, which is enforced by the designed smart contracts with an efficient Proof-of-Stake (PoS) consensus algorithm. In addition, an innovative incentive mechanism is devised to motivate the city-wide resource sharing for vehicles, which can maximize the profits of task publishers. Using extensive evaluations, we show the effectiveness of the proposed system.
Loading