Today Hewlett Packard Enterprise (HPE) and Continental
announced a new blockchain initiative for sharing data with autonomous vehicles. Data sharing between automotive brands is needed to warn cars about road hazards, calculate optimal routes, and identify available parking.
To date, proposed solutions involve an intermediary. HPE and Continental are instead suggesting a decentralized solution that will enable auto brands to receive money for their data. In 2016 McKinsey published a
report on the topic in which it predicted that by 2030 the value of car data would reach $450 – $750 billion.
Car manufacturers will store their own data but if there’s a buyer for particular data sets the date will be shared once purchased. There will also be a built-in consent management system so that drivers have the option of opting-in.
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