Bitcoin Big News, Ethereum, IOTA, Technical Analysis Chart 8/3/2018 by ChartGuys.com
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IOTA (MIOTA) Digital CarPass Is On Its Way, Here Are What You Need To Know
Digital CarPass Iota Ethereum , a project that Volkswagen and IOTA (MIOTA) are working on is near completion and will soon be unveiled for the public use.
Digital CarPass is a practicable application of IOTA for vehicles telematics data. It gives the vehicle the advantage to tell its story: where it went, what it did and how it was treated. It provides tamper-proof mileage history, and guard against odometer fraud in second hand vehicles. It is like a report sheet for vehicles have distributed ledger to ensure data such as mileage is reliable.
, Benjamin Sinram, head of blockchain at Volkswagen, said in Tel Aviv, that CarPass will be launched in early 2019.
He spoke on how Volkswagen is exploring distributed ledgers and cryptocurrencies together with groups like Iota and Energy Web Foundation.
He made known that Volkswagen’s vision is also focusing on autonomous cars carrying out transactions on behalf of their owners using cryptocurrency wallets.
“We want to enable our autonomous cars to (provide) services for you and pay autonomously for these services with their own money,”
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They are also working on “charging protocol”. This protocol, however, runs on the Ethereum network.
Earlier in Berlin, the innogy Innovation Hub presented its physical prototypes and its vision for Industry 4.0 in the “
”, they made it known that a number of disruptive Industry 4.0 technologies are now about to be unleashed.
, an idea that enables a vehicle to tell its story audibly. The solution according to them provides an auditable and tamper-proof mileage, trips, environmental, and maintenance data and stores them immutable in the digital twin for private passenger, fleet or commercial vehicles.
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Don't mind Yusuff when he speaks tough, there is possibility he means the opposite!
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