Blockchain-Based On-Demand Computing Resource Trading in IoV-Assisted Smart City

Xi Lin, Jun Wu*, Shahid Mumtaz, Sahil Garg, Jianhua Li, Mohsen Guizani

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

158 Citations (Scopus)


In a smart city, Mobile Edge Computing (MEC) are generally deployed in static fashion in base stations (BSs). While moving vehicles with advanced on-board equipment can be regarded as dynamic computing resource transporters ignoring geographical limitations. Thus Internet of Vehicle (IoV) could assist the smart city to achieve flexible computing resource demand response (DR) via paid sharing the idle vehicle computing resources. Motivated by this, we propose a Peer-to-Peer (P2P) computing resource trading system to balance computing resource spatio-temporal dynamic demands in IoV-assisted smart city. On one hand, to guarantee transaction security and privacy-preserving in our system, we employ a consortium blockchain approach and demonstrate the process of secure computing resource trading without involving a centralized trusted third-party. On the other hand, to encourage individual smart vehicles to participate in our system, we construct a two-stage Stackelberg game jointly optimizing the utilities of buyers and sellers. And we also derive the optimal computing pricing and trading amount strategies in this proposed game. Finally, security analysis shows the security performance of our system and numerical simulations show that our strategies can encourage the collaboration between the buyer and smart vehicles.

Original languageEnglish
Pages (from-to)1373-1385
Number of pages13
JournalIEEE Transactions on Emerging Topics in Computing
Issue number3
Publication statusPublished - 2021
Externally publishedYes


  • Consortium blockchain
  • Internet of Vehicles
  • mobile edge computing
  • smart city

ASJC Scopus subject areas

  • Computer Science (miscellaneous)
  • Information Systems
  • Human-Computer Interaction
  • Computer Science Applications


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