Abstract:
Secure MVR is developed to automate the process of motor vehicle registration to
reduce fraud around stealing vehicle as well as to transfer vehicle title or to issue/renew
vehicle registration, to remove the need of the middleman. Because the current system
is centralized in which the middleman plays a vital role which is the very complicated
and daunting process which entails a lot of paperwork, communication and in which
high-level risk will be involved. To overcome this problem, I propose this Secure
MVR idea. Which rely on a secure distributed ledger data structure; validates are an
integral part of such systems. Validators add records of past transactions to the
distributed ledger known as Blockchain, allowing users to reach a secure, robust
consensus for each transaction. Secure MVR lacks a central authority to mediate
transactions because they were designed as peer-to-peer systems. And this project will
use Block-chain technology to develop smart contracts which will automate this whole
process
