A Review on Blockchain Technologies for an Advanced and Cyber-Resilient Automotive Industry

Paula Fraga-Lamas, Tiago M. Fernandez-Carames
2019 IEEE Access  
In the last century the automotive industry has arguably transformed society, being one of the most complex, sophisticated and technologically advanced industries, with innovations ranging from hybrid, electric and self-driving smart cars to the development of IoT-connected cars. Due to its complexity, it requires the involvement of many Industry 4.0 technologies, like robotics, advanced manufacturing systems, cyber-physical systems or augmented reality. One of the latest technologies that can
more » ... enefit the automotive industry is blockchain, which can enhance its data security, privacy, anonymity, traceability, accountability, integrity, robustness, transparency, trustworthiness and authentication, as well as provide long-term sustainability and a higher operational efficiency to the whole industry. This review analyzes the great potential of applying blockchain technologies to the automotive industry emphasizing its cybersecurity features. Thus, the applicability of blockchain is evaluated after examining the state-of-the-art and devising the main stakeholders' current challenges. Furthermore, the article describes the most relevant use cases, since the broad adoption of blockchain unlocks a wide area of short- and medium-term promising automotive applications that can create new business models and even disrupt the car-sharing economy as we know it. Finally, after a Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis, some recommendations are enumerated with the aim of guiding researchers and companies in future cyber-resilient automotive industry developments.
doi:10.1109/access.2019.2895302 fatcat:ahttlwt3tvaqvkzepupm4dgpdi