How Blockchain Allows Car Manufacturers to Create Digital Passports. The Renault Group recently partnered with Microsoft and VISEO to create a car passport system that stores data securely and transparently. The current way to store information about cars is across many different systems, but Renault is looking to consolidate information by using Blockchain technology. Blockchain technology has an open and transparent architecture, making it an ideal choice for this purpose.
MG’s partnership with Koinearth
KoineArth is a blockchain-based platform that connects various parties in the automotive industry. Its digital passport technology makes it possible for vehicle owners to track and manage their driving data. As a car owner, you can control access to this information and share it with third parties with your consent.
This new technology is being used by MG to record driving data in the MG Astor SUV, which will soon be commercialized in India. It will allow drivers to keep track of their mileage and speed, and it will also record maintenance and repair data. With digital passport technology, MG will be able to track the data and store it in an immutable digital format.
This new digital passport will be the first of its kind for an automaker in India. However, similar technologies have been used in other countries. In July, Allianz, one of the largest insurers in Europe, announced that it was deploying an enterprise blockchain platform to simplify insurance claims across different legal entities. It is planning to use the technology in 23 of its subsidiaries in Europe.
MG’s new CAAP technology is a major step forward for the MG brand. The software includes a variety of in-car services, including Jio connectivity, MapMyIndia subscriptions, and the KoineArth Blockchain-protected digital passport for vehicles. The technology will also allow owners to enjoy a music streaming service through the JioSaavn app.
Daimler’s partnership with Arianee
Digitalization has fundamentally changed the retail and luxury industries. The rise of e-commerce and second-hand platforms have brought about new consumer expectations and demands. To meet these demands, brands must find ways to innovate to stay relevant. One such way is Arianee’s solution, which allows brands to create a digital passport for products, which will serve as a guarantee of authenticity. This solution will also allow brands to maintain a history of transactions.
Arianee is a Paris-based digital certification specialist. It has recently raised EUR8 million in seed funding and aims to become a leading partner in the luxury industry. Its platform uses blockchain technology to issue encrypted digital passports. It is available as open source under French law and will enable brands to provide customised, personalised experiences to their customers.
Daimler is partnering with Arianee to create digital passport solutions for its luxury brand. These digital passports will help the brand offer enhanced customer service and protect owners from unauthorized counterfeits. The passports will feature digital authentication and a digital certificate that can be easily transferred in case of a resale. They will also include insurance for theft and loss.
BMW Group’s partnership with Koinearth
In order to improve its supply chain and ensure that its cars are manufactured in the most environmentally friendly way possible, the BMW Group has partnered with Koinearth, a blockchain-based start-up. The two companies will collaborate to develop a new connected vehicle reporting system. The system will be based on the Qualcomm Car-2-Cloud services platform and will be integrated into BMW vehicles.
Using blockchain, the BMW Group plans to roll out its PartChain solution to at least 10 suppliers by the end of 2019. The system is designed to provide traceability and transparency for components, including raw materials. As the automotive industry is a complex ecosystem, supply chains can change rapidly as the availability of raw materials and specific components fluctuates.
Renault’s partnership with Koinearth
In an effort to keep up with the fast-changing world of technology, Renault has been focusing on the use of Blockchain. The company believes that blockchain technology is well suited for supply chains. The auto manufacturing industry is no exception, so it makes sense to use blockchain technology in this ecosystem. Odile Panciatici, Renault’s Vice President for Blockchain Projects, recognized the potential of the technology, especially with new regulations in Europe looming over its supply chain ecosystem. Using blockchain to manage the supply chain would help ensure real-time compliance.
Renault is also working with Geely, a South Korean car manufacturer, on a hybrid vehicle. The vehicles are expected to be assembled in Busan, South Korea. The partnership also aims to create a digital identity for cars. Users will be able to view this identity and decide who they want to share the data with.
The partnership is expected to last a number of years. The Renault Group will hold a 40% reference stake in the combustion engine unit, while the electric arm will be set up in France. The French company also plans to set up manufacturing plants overseas, including in Asia and Europe. The French automaker also plans to seek collaboration with Nissan and other automotive groups, and long-term investors. It is also planning a visit to Japan in the coming months.
The partnership has also made possible the creation of a new global platform for vehicle certification. The blockchain solution, known as XCEED, allows vehicle manufacturers to verify compliance across the entire production chain. It is based on Hyperledger Fabric blockchain technology and has been deployed in partnership with IBM.
Hyundai MOBIS’s partnership with Koinearth
Hyundai Mobis is investing in deep learning, an advanced artificial intelligence, to develop technology that can analyze facial expressions and behaviors of drivers. This technology will enable cars to recognize drivers and unlock their doors when the driver is identified. As more electronic devices are integrated into cars, interest in vehicle security is increasing. In order to protect against hackers, the industry is introducing multiple authentication methods, including fingerprint recognition with near-field communication. The Hyundai Mobis’s partnership with Deep Glint will also enable personalized connected services based on driver information and behavior.
As the global EV market is rapidly expanding, Hyundai MOBIS is strengthening its technological capabilities by forming strategic partnerships with technology innovators. The company has made investments in the Chinese startup Deep Glint and announced an equity investment to form a strategic partnership with it. The two companies share key technologies in artificial intelligence, object recognition, and behavior pattern analysis. The companies are also exploring new and innovative applications for their technologies.
The two companies will develop technologies to support autonomous driving. The two companies will jointly develop 6G communication standards that will help drive the development of the new autonomous driving technology. This is important because the emergence of self-driving vehicles requires a stable and high-speed communication network. As a result, the automotive industry is aggressively seeking partnerships with leading telecommunications companies.
Hyundai Mobis is committed to becoming a lifelong technology partner for vehicles. The company is a leader in sensor fusion, software development for safety control, and other areas. It employs more than 30,000 people around the world, including four technology centers in China, Germany, and India.