Honda Motor Co., Ltd.
SYSTEM AND METHOD FOR SECURING A VEHICLE TRANSACTION WITHIN BLOCKCHAIN

Abstract:

A system and method for securing a vehicle transaction within blockchain that include initiating a secure transaction between a vehicle and a sender of funds or a recipient of funds. The system and method also include processing a smart contract that is associated with the secure transaction. The system and method further includes communicating transaction data to complete the secure transaction using the blockchain to securely transfer funds from the sender to the vehicle or from the vehicle to the recipient.