UCLA Cost Analysis for Blockchain Implementation Paper

slides(1 to 2 slides) for cost analysis of implementing blockchain in the public transit industry.

Here is our idea: When a municipal vehicle breaks down, serious consequences follow. It is currently hard to track using and maintenance history of vehicle parts, which decreases the transparency and accountability of the second-hand parts trading industry. Today’s part inventory system fails to provide reliable tracing and tracking of used parts history, poses serious threats to their authenticity, and can eventually lead to parts failure while municipal vehicles perform their routine jobs, which causes delay and inefficient work schedule. It will be better if use IBM costs.