Autonomous Vehicles and Blockchain Technology Are Shaping the Future of Transportation

In this paper, the possibility of using the autonomous vehicles with the contribution of Blockchain technology as part of a service is examined. As a first step a short Literature review of Autonomous Vehicles as well as Blockchain technology is provided. Blockchain is another newly established technology and its main purpose is to facilitate secure online transactions. Furthermore, through this paper it is explained that together Autonomous vehicles and Blockchain technology could provide the end user with cleaner, more economical and efficient transportation. In addition, a publicly owned system is described, where the two technologies combine, and the autonomous vehicle will provide the user the most convenient route based on real-time traffic information, while Blockchain will make the economic transaction easier since it could allow peer-to-peer carsharing and eliminate the need for banks. Moreover, in order to fully understand this system, the rising concerns regarding these technologies are mentioned. This paper aims to examine such a possible service using autonomous vehicles and Blockchain technology, since they essential could become the future of transportation.