Applying Ethereum blockchain and IPFS to construct a multi-party used-car trading and management system

Yi-Jen Su; Chao-Ho Chen; Tsong-Yi Chen; Chun-Wei Yeah

ICT Express (Apr 2024)

Applying Ethereum blockchain and IPFS to construct a multi-party used-car trading and management system

Yi-Jen Su,
Chao-Ho Chen,
Tsong-Yi Chen,
Chun-Wei Yeah

Affiliations

Yi-Jen Su: Department of Computer Science and Information Engineering, National Penghu University of Science and Technology, Penghu, Taiwan; Corresponding author.
Chao-Ho Chen: Department of Electronic Engineering, National Kaohsiung University of Science and Technology, Kaohsiung City, Taiwan
Tsong-Yi Chen: Department of Electronic Engineering, National Kaohsiung University of Science and Technology, Kaohsiung City, Taiwan
Chun-Wei Yeah: Department of Electronic Engineering, National Kaohsiung University of Science and Technology, Kaohsiung City, Taiwan

Journal volume & issue: Vol. 10, no. 2
pp. 306 – 311

Abstract

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The main causes for the risks of used-car trading lie in the information asymmetry between buyers and sellers and the absence of a trust mechanism. This study proposed applying the Ethereum blockchain and InterPlanetary File System (IPFS) to construct a used-car trading and management information system that supports decentralized data storage services. This mechanism could support the permanent storage, immutability, and traceability of car maintenance data through the operation of smart contracts. Furthermore, car information is stored and managed by IPFS. Slither monitors the security of this system by detecting security bugs in the operation of smart contracts.

Published in ICT Express

ISSN: 2405-9595 (Online)
Publisher: Elsevier
Country of publisher: Netherlands
LCC subjects: Technology: Technology (General): Industrial engineering. Management engineering: Information technology
Website: http://www.journals.elsevier.com/ict-express/

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