Throughput-Efficient Blockchain for Internet-of-Vehicles

Abstract

Internet-of-Vehicle (IoV) is empowering smart vehicles with data collection and sharing capabilities, and blockchains have been introduced to manage the IoV data due to many advantages, including decentralization, security, reliability, and scalability. Nevertheless, existing IoV blockchain models suffer from poor security against collusion attacks instigated by malicious blockchain miners typically represented by roadside units (RSUs). To address this problem, additional block verifiers, e.g., vehicles, can be recruited during block verification, which enhances security but also can lead to the reduced throughput. Therefore, in this paper, we propose a resource management scheme for IoV blockchains to enhance the system security while maximizing the throughput by optimizing contributed computing resources from RSUs and recruited vehicles. We show that the optimal strategies of RSUs and vehicles can be found through the Karush-Kuhn-Tucker (KKT) conditions and verify (using simulations) that our scheme achieves the higher throughput with enhanced security compared to the existing IoV blockchains.