Claims:We Claim:
1) The system and method for tracking of transport vehicle performance history using blockchain technology comprising of components such as;
a) Blockchain application – for tracking of transport vehicle performance history
b) Any electronic computing device with active internet connection
c) Backend server – All data related to transport vehicle is stored in server
2) The system claimed in claim 1, smart contract is created between transport company and vehicle owner
3) The system claimed in claim 1, each and every record for changing any part of vehicle is added to application
4) The system claimed in claim 1, prevent any forge information of freight vehicle
, Description:FIELD OF THE INVENTION
The present invention discloses the system and method for tracking of transport vehicle performance history using blockchain technology. The field of the invention is transport sector. Invention mainly in the area of vehicle performance history with the help of blockchain technology.
BACKGROUND OF THE INVENTION
Freight shipping is the process of transporting commodities, goods and cargo by land, sea or air. Common types of freight shipping over the road include truckload, less than truckload (LTL) and intermodal. Freight itself can be defined as the goods transported by truck, train, ship or plane.
Performance history of any vehicle means its performance in past and also maintenance history of particular vehicle.
In transportation sector, it is very common to purchase second hand delivery vehicle. Mostly middleman like agent work as media between seller and buyer. The both parties have to keep believe on middleman for any information related transport vehicle.
Currently there is no such other system rather than middleman or agent. Both parties, seller and buyer have to accept terms and conditions regarding transport vehicle. And to estimate any parts life, or replacement of any part is not so particular.
The present disclosed invention solves the above problem.
It provides system and method for tracking transport vehicle performance history by using block chain technology.
Blockchain is a distributed ledger, which simply means that a ledger is spread across the network among all peers in the network, and each peer holds a copy of the complete ledge.
More specifically, Blockchain is essentially a way of keeping records and can be used in almost any product that uses some sort of record keeping or database management.
With the help of blockchain technology, the tracking of vehicle performance history can be done with transparency. No data could be forged. And monitoring can be done without any interference by others.
OBJECT OF THE INVENTION
The main object of the invention is, tracking of transport vehicle performance history using blockchain technology.
Another object of the invention is, it how many times the particular part of vehicle is changed.
Another object of the invention is, which part of vehicle is in good condition.
Another object of the invention is, can track maintenance record of vehicle.
Other object of the invention is, prevent fraud between reselling the second hand vehicle.
SUMMARY OF THE INVENTION
The present invention discloses a method, system or computer program for tracking of transport vehicle performance history using blockchain technology. The system and method for tracking of transport vehicle performance history is comprising of;
Blockchain application – for tracking of freight vehicle performance history
Backend server – All data related to performance and maintenance of freight vehicle is stored in server.
Any electronic device which has active internet connection- for connection of blockchain application of tracking of freight vehicle performance history.
User has to open the web application of tracking of freight vehicle performance history on any electronic device. And user can enter details of freight vehicle performance or maintenance to application. Data saved to server in cryptographic form. User can see any particular vehicles performance or maintenance data by just selecting the particular vehicle.
BRIEF DESCRIPTION OF THE DRAWINGS
Fig 1 shows flowchart of the method and computer program for this invention.
DETAILED DESCRIPTION OF THE INVENTION
The present invention discloses a method, system or computer program for tracking of transport vehicle performance history by using blockchain technology.
Blockchain is, in essence, a digital database (or ledger) distributed across a network of computers.
The records are protected by cryptography and are, therefore, protected against human error, editing and removal. The versatility of blockchain means it is being widely considered as a way to manage financial transactions, asset transfers and regulatory obligations. In particular, blockchain is now seen by many as the future of various industries due to its transparency.
The system and method for tracking of transport vehicle performance history is comprising of contents;
Blockchain application – for tracking of transport vehicle performance history
Backend server – All data related to transport vehicle is stored in server
Any electronic computing device with active internet connection
The system and method for tracking transport vehicle performance history by using blockchain technology is comprising of the steps are as;
Step 1) User has to open web application of tracking transport vehicle performance history application
Step 2) Click Add new button if user want to add new vehicle into application
Step 3) Click update button if user want to update previous record of existing vehicle
Step 4) Click save button, for saving the record of both Add new and update
Step 5) Data is saved in database in cryptographic form
Step 6) User can see any vehicle performance and maintenance record of particular vehicle
Backend server has to installed tracking transport vehicle performance history application at first. The database is created for storing the record for each freight vehicle. The record is stored in database in cryptographic form and new block is created for particular freight vehicle at first time. Hash is created for new block and attached to blockchain. A hash is unique identity.
The data on Blockchain is immutable, auditable and decentralized so cannot be changed by anyone except authority.
Any team member of transportation authority can see the status of particular freight vehicle about capacity monitoring. But no one can change the status. This is the unique feature of blockchain, that is, immutable and distributed.
Blockchain combined with modern technologies can create a transparent tracking transport vehicle performance history.
Blockchain’s distributed nature enables an implementation method which puts transport authority and team member in the same network. Any team member can easily get information regarding any freight vehicle performance and maintenance within a second without wasting time.
Take an example, suppose one small transport company want to purchase second hand freight vehicle. Currently there is agent who served between the two parties, I.e. seller and buyer. Agent tell buyer about vehicle performance and how it maintains throughout life. Currently buyer has to believe agent for this information.
But with the help of this invention, buyer can see the all performance history and maintenance history. And can make a decision of purchasing. Buyer can know how old is the vehicle, how many times any part is changed and all.
Another example, transport company owner wants to sell any old vehicle. With the help of this invention, owner can know how is the performance of vehicle, which parts of vehicle is changed and how many times it is changed, and all. So, owner can decide the value of vehicle for selling. And can show the all details of particular vehicle to buyer. No forge data is involved in this process, which helps to increase the transparency of deal.
Main advantage of the invention is that any person from transport chain can know the condition of vehicle as blockchain technology has distributed network. But no one can change the condition record of vehicle as blockchain technology is immutable structure.
It prevents any forge record of freight vehicle.
Blockchain acts as the backbone in transport industry as it offers transparency from the onset.