How Do Automakers Make Blockchain Technologies?

bmw, Ford, General Motors and Renault are planning to bring Blockchain technology into the automotive industry. The four major carmakers were grouped together in a team and formed the Mobility Bloc (MOBI) Consortium to focus on blockchain, controlling and managing automotive information through blockade technology.

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According to the CNBC news network, in addition to the four largest automakers in the world, there are 30 MOBI member companies, including Bush and ZF, both of which are active in automotive parts production.

* The MOBI Group is committed to speeding up the use of blockchain technology in cars and achieving common standards in this regard.

According to Chris Blinger, president of the MOBI Consortium, the consortium seeks to establish common standards and APIs to ensure the payment and exchange of all information between cars and vehicles. This will make a big difference in the automotive industry and how to drive.

He recalls that representatives of the automotive industry were interested in the distribution register system. For example: Audi tested blockchain in the relocation of unauthorized materials and supplies, Toyota continued its research, Renault joined the R3 Research Consortium, Daimler joined the Hyperledge block under the supervision of the Linux Foundation, and Porsche began testing and reviewing it. Technology.

Hyperladger is a umbrella project. It's a breakthrough in open source blockbuster and related tools launched by the Linux Foundation in December 2015 to take advantage of the blockbuster development.

Blinger continues:

"However, to move forward, it is necessary to apply common standards and use a decentralized business network. Otherwise, we will have the fate of the Babylonian tower, that is, after a while, we will be dispersed from one another and we will not have a common language. It begins by forming groups and projects that are looking for platform-based solutions to address the problems of the automobile, transportation, customer payments and insurance. "

Linger believes that by combining automakers, suppliers, executives, and government agencies, technology can be expanded to provide consumers with modern, safety-related, quality requirements.

Porsche has carried out various tests and tests for adapting blockchain technology to automotive industry. According to a Porsche press release, he has worked hard to adapt blockchain technology to his cars.

Porsche is currently collaborating with Berlin's XAIN Corporation and is currently testing blockchain applications directly on vehicles. This has made Porsche Zuffenhausen the first car to be recognized and implemented on the car.

* XAIN is a research company that provides new ways to protect privacy and automate human-centered processes.

In these reviews, the speed of transaction processing has increased, as well as testing applications such as locking and unlocking a vehicle through the program, temporary access permissions, and encrypting data, all these can be effective in improving the performance of your car, and therefore Develop.

blockchain is a decentralized protocol for the transfer of information between business partners based on Bitcoin, Cripto Carnesi and Eduard. According to Oliver Daring, director of Porsche's financial strategy:

"We can use blockchain for faster and more secure data transfer, which will make our customers more relaxed in the future. For example, when they want to charge or park their car, and even when they want to know where their car is. In fact, we translate the technology of the day directly into the benefit of our customers. "

Blackchain-based services are fast and secure. The car is part of a cryptographic chained block, which allows direct online connection through a server.

The process of opening and closing a car through the program will be six times faster and will reach 1.6 seconds. In addition, efficient encryption is also provided. This process ensures that all activities are documented in blockchain to prevent them from being modified and viewed using an application. For example, access permissions can be digitally and securely distributed, which can be monitored at any time by the owner of the vehicle remotely.

In addition, blockchain technology allows the temporary access permission for a vehicle to be carried out in a safe and efficient manner. A protected data connection and vehicle capabilities can be created using blockchain.

Porsche is also working on block diagrams based on new business models: "By controlling data processed locally in a block distributed and encrypted, the user is in control of the data. The user decides on how to use them when considering the conditions. All activities in blockchain are documented and the information is cleared out.

Using these bases, the future of self-propelled cars will affect more. For example, local data can be shared securely with other vehicles and the user can use protected routine data.