B-FICA: BlockChain based Framework for Auto-insurance Claim and Adjudication
This addresses the need for secure and efficient insurance claim processing for CAVs, though it appears incremental as it builds on existing blockchain concepts for a specific domain.
The paper tackles the problem of auto-insurance claims and adjudication for connected and autonomous vehicles (CAVs) by proposing B-FICA, a blockchain-based framework that tracks sensor data and entity interactions with two-sided verification. Simulations show it reduces processing time compared to state-of-the-art methods with negligible delay overhead and marginal security cost.
In this paper, we propose a partitioned BlockChain based Framework for Auto-insurance Claims and Adjudication (B-FICA) for CAVs that tracks both sensor data and entity interactions with two-sided verification. B-FICA uses permissioned BC with two partitions to share information on a need to know basis. It also uses multi-signed transactions for proof of execution of instructions, for reliability and auditability and also uses a dynamic lightweight consensus and validation protocol to prevent evidence alteration. Qualitative evaluation shows that B-FICA is resilient to several security attacks from potential liable entities. Finally, simulations show that compared to the state of the art, B-FICA reduces processing time and its delay overhead is negligible for practical scenarios and at marginal security cost.