Five of
the world's leading car manufacturers announced that they will begin testing a
Blockchain recognition system.
The
tests aim to test a new vehicle recognition system based on Blockchain. This
would allow drivers to automatically pay parking fees or highway tolls without
using cash or cards.
Car
manufacturers that will begin testing these in the United States include:
Renault, BMW, General Motors, Ford Motor and Honda Motor. The project will be
done under the Mobility Open Blockchain Initiative, an international consortium
that supports these projects.
Although
the proposal seems to be somewhat ambitious, the blockchain has already shown a
potential capable of withstanding tough tests and triumphing.
This
system assigns digital IDs to individual cars, linked to information such as
property and service histories. The data covering the life of the vehicle will
be used to recognize cars on the road, which will allow the owner to pay the
fees automatically without the need for the specialized labels required in the
current electronic toll collection systems.
The
group sees that, currently, the Blockchain-based system is used in different
areas of the industry. Already connected electric cars, with expenses such as
tolls, maintenance and even rest stops that are registered and then paid once
when the vehicle is plugged in to charge, are using this technology.
Innovation in the industry
The
automotive industry has been characterized by maintaining constant innovation
and updating. That is why with the arrival of the blockchain there was not so
much problem in conceiving a way of using technology within the industry.
In fact,
today the industry has one of the strongest Blockchain initiatives for
cooperation between companies, which is further proof of how open they are to
innovation.
In
addition to the blockchain, car manufacturers have also sought other
technologies that can meet the needs of their market. One of the most used is
Artificial Intelligence (AI).
For
example, BMW is using it to have the car detect when the driver is tired and
send warnings about the dangers of driving in these conditions.
The car
industry has remained at the forefront of technological advances in recent
years. This makes it the best example of the excellent benefits of
adopting so-called disruptive technologies, such as AI or Blockchain.
SOURCE: Criptotendencia
