Internet-of-Things (IoT) blockchain IOTA and car company Volkswagen announced Digital Car Pass, new blockchain platform for cars that will launch in 2019

Briefing

Internet-of-Things (IoT) blockchain IOTA and car company Volkswagen announced Digital Car Pass, new blockchain platform for cars that will launch in 2019

September 3, 2018

Briefing

  • Digital Car Pass – IoT blockchain IOTA and car manufacturer Volkswagen (VW) announced Digital Car Pass, new blockchain platform to be released in 2019 that will track performance of Volkswagen vehicles
  • Benefits – Will enable consumers to see and share performance data of cars to mechanic for repair, and allow manufacturers to have real-time information on cars and identify areas for improvement, leading to timely recall and diagnosis
  • Services Creation – Can also enable new blockchain-based car services to be created and allow customers to pay for those services automatically
  • Other VW Blockchain Initiatives – Include identity solution allowing multiple individuals to share vehicle access, open ledger that will track supply chain of vehicle parts from manufacturer to customer, and Ethereum-based charging protocol

Accelerator

Sector

Transportation and Logistics

Organization

IOTA Foundation, Volkswagen AG

Source

Original Publication Date

September 2, 2018

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