{"title":"Applying Ethereum blockchain and IPFS to construct a multi-party used-car trading and management system","authors":"Yi-Jen Su , Chao-Ho Chen , Tsong-Yi Chen , Chun-Wei Yeah","doi":"10.1016/j.icte.2023.12.007","DOIUrl":null,"url":null,"abstract":"<div><p>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.</p></div>","PeriodicalId":48526,"journal":{"name":"ICT Express","volume":"10 2","pages":"Pages 306-311"},"PeriodicalIF":4.1000,"publicationDate":"2024-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2405959523001650/pdfft?md5=7c7bf71e9033af2736bf244be1331e9f&pid=1-s2.0-S2405959523001650-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ICT Express","FirstCategoryId":"94","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2405959523001650","RegionNum":3,"RegionCategory":"计算机科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"COMPUTER SCIENCE, INFORMATION SYSTEMS","Score":null,"Total":0}
引用次数: 0
Abstract
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.
期刊介绍:
The ICT Express journal published by the Korean Institute of Communications and Information Sciences (KICS) is an international, peer-reviewed research publication covering all aspects of information and communication technology. The journal aims to publish research that helps advance the theoretical and practical understanding of ICT convergence, platform technologies, communication networks, and device technologies. The technology advancement in information and communication technology (ICT) sector enables portable devices to be always connected while supporting high data rate, resulting in the recent popularity of smartphones that have a considerable impact in economic and social development.