This week on #BlockchainCentral: In part three of our series on Digital Identity, we’re looking into the future of autonomous vehicles with the emergence of the Internet of Things IoT automotive industry and the subsequent autonomous car blockchain solutions being created on networks such as IOTA.
Digital identity blockchain backends have the potential to become the default solution for companies like Volkswagen, Jaguar and Ford as they discover ways to allow their #AutonomousVehicles to transact and engage with each other automatically via machine-to-machine (M2M) connections, just like the Internet of Things (IoT).
There are many companies forging partnerships with these car giants like #IOTA and Mobi. Specifically, IOTA partnerships are growing rapidly, with Volkswagen IOTA “Car Pass” and the Jaguar Land Rover Iota “Smart Wallet” project, allowing drivers to share road data to the network and then be rewarded for their data.
As always, proving ownership and ensuring all actors on a network are who they say they are is important and blockchain will help secure this future, so join us today to discover the IoT Automotive industry!
Sources:
https://en.wikipedia.org/wiki/Self-driving_car
https://www.theverge.com/transportation/2015/3/17/8232187/elon-musk-human-drivers-are-dangerous
https://www.insurancejournal.com/news/national/2017/05/23/451913.htm
https://blog.iota.org/earn-as-you-drive-with-jaguar-land-rover-and-iota-3c744d8c0cba
https://www.coindesk.com/gm-bmw-back-blockchain-data-sharing-for-self-driving-cars
https://dlt.mobi/
https://medium.com/blockworks-group/is-blockchain-better-than-a-database-d518743bdafa
https://hackernoon.com/databases-and-blockchains-the-difference-is-in-their-purpose-and-design-56ba6335778b
https://pdfs.semanticscholar.org/0bcd/45bbd12059d85a07bba4221fe900664994a8.pdf
https://www.coindesk.com/blockchain-move-self-driving-cars-fast-lane
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‘Blockchain Central’ is your #1 trusted source for everything crypto. Our host Blu will guide you through weekly news about the political, legal and financial sides of crypto currencies like Bitcoin and Ethereum as well as recent developments in Blockchain technology, Initial Coin Offerings (ICOs), Initial Exchange Offerings (IEOs), Security Token Offerings (STOs) and new coins/tokens.
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