Trust-driven vehicle product-service system: A blockchain approach

Xingzhi Wang; Yuchen Wang; Ang Liu

doi:10.1016/j.procir.2020.04.149

Trust-driven vehicle product-service system: A blockchain approach

Xingzhi Wang^*, Yuchen Wang, Ang Liu

^*Corresponding author for this work

University of New South Wales

Research output: Contribution to journal › Conference article › peer-review

10 Citations (Scopus)

Abstract

For the automotive industry, promoting more value-adding services in usage stage is a long-standing challenge for global manufacturers. As many cars have an unknown history, it is proven difficult, if not impossible, to prevent scams and frauds when offering car services. As an emerging technology, blockchain is characterized by high immutability, transparency, security, and traceability. Such characteristics make blockchain a highly promising empowering technology to maintain mutual trust among stakeholders in vehicle product-service system (PSS). This paper presents a blockchain-based PSS framework, which is intended to address the trust issue vehicle PSS.

Original language	English
Pages (from-to)	593-598
Number of pages	6
Journal	Procedia CIRP
Volume	93
DOIs	https://doi.org/10.1016/j.procir.2020.04.149
Publication status	Published - 2020
Externally published	Yes
Event	53rd CIRP Conference on Manufacturing Systems, CMS 2020 - Chicago, United States Duration: 1 Jul 2020 → 3 Jul 2020

Keywords

Blockchain
Business model
Product service system

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10.1016/j.procir.2020.04.149

Cite this

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title = "Trust-driven vehicle product-service system: A blockchain approach",

abstract = "For the automotive industry, promoting more value-adding services in usage stage is a long-standing challenge for global manufacturers. As many cars have an unknown history, it is proven difficult, if not impossible, to prevent scams and frauds when offering car services. As an emerging technology, blockchain is characterized by high immutability, transparency, security, and traceability. Such characteristics make blockchain a highly promising empowering technology to maintain mutual trust among stakeholders in vehicle product-service system (PSS). This paper presents a blockchain-based PSS framework, which is intended to address the trust issue vehicle PSS.",

keywords = "Blockchain, Business model, Product service system",

author = "Xingzhi Wang and Yuchen Wang and Ang Liu",

note = "Publisher Copyright: {\textcopyright} 2020 The Authors.; 53rd CIRP Conference on Manufacturing Systems, CMS 2020 ; Conference date: 01-07-2020 Through 03-07-2020",

year = "2020",

doi = "10.1016/j.procir.2020.04.149",

language = "English",

volume = "93",

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T2 - 53rd CIRP Conference on Manufacturing Systems, CMS 2020

AU - Wang, Xingzhi

AU - Wang, Yuchen

AU - Liu, Ang

PY - 2020

Y1 - 2020

N2 - For the automotive industry, promoting more value-adding services in usage stage is a long-standing challenge for global manufacturers. As many cars have an unknown history, it is proven difficult, if not impossible, to prevent scams and frauds when offering car services. As an emerging technology, blockchain is characterized by high immutability, transparency, security, and traceability. Such characteristics make blockchain a highly promising empowering technology to maintain mutual trust among stakeholders in vehicle product-service system (PSS). This paper presents a blockchain-based PSS framework, which is intended to address the trust issue vehicle PSS.

AB - For the automotive industry, promoting more value-adding services in usage stage is a long-standing challenge for global manufacturers. As many cars have an unknown history, it is proven difficult, if not impossible, to prevent scams and frauds when offering car services. As an emerging technology, blockchain is characterized by high immutability, transparency, security, and traceability. Such characteristics make blockchain a highly promising empowering technology to maintain mutual trust among stakeholders in vehicle product-service system (PSS). This paper presents a blockchain-based PSS framework, which is intended to address the trust issue vehicle PSS.

KW - Blockchain

KW - Business model

KW - Product service system

UR - http://www.scopus.com/inward/record.url?scp=85092438004&partnerID=8YFLogxK

U2 - 10.1016/j.procir.2020.04.149

DO - 10.1016/j.procir.2020.04.149

M3 - Conference article

AN - SCOPUS:85092438004

SN - 2212-8271

VL - 93

SP - 593

EP - 598

JO - Procedia CIRP

JF - Procedia CIRP

Y2 - 1 July 2020 through 3 July 2020

ER -

Trust-driven vehicle product-service system: A blockchain approach

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Keywords

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