With the advancement of vehicle’s traffic information processing and communication capability in Internet of Vehicle (IoV) network widely used for the vehicle-to-infrastructure transportation communication. Firstly, the protection of the user’s (vehicles) privacy at the time of information sharing and secondly, users lack the motivation to share the traffic information with roadside units (RSUs) are two major concerns in the IoV networks. In this regard, we propose a novel adaptive neuro-fuzzy based payment using blockchain (ANFPB) transportation communication scheme that not only motivates users to take participate in the information sharing problems with the payment mechanism but also allows users to anonymously share the traffic information with RSU in the IoV network. Meanwhile, a smart contract is presented to generate pseudonyms to share the traffic information anonymously in a non-trustful IoV network. Also, an algorithm ANFPB is presented for the evaluation of payment based on location, timeline, and quality of information shared by the vehicles. Finally, the extensive simulation analysis shows that the proposed ANFPB is more efficient in terms of preserving privacy and computational costs as compared to state-of-the-art schemes.