On Wednesday, the China Association of Automobile Manufacturers (CAAM) held a meeting about security for connected vehicle data. Numerous global and Chinese auto manufacturers were in attendance. CAAM unveiled a new blockchain solution that aims to provide traceability and trust. The blockchain doesn’t store the data itself but instead stores hashes of data, which can prove that data has not been altered. It was offered to all participants.
Much of the meeting covered the need for a data trust system for connected cars, which involves the government, businesses and users. One of the challenges is the sheer volume of data produced. Another is the issue of data privacy.
Few additional details were shared apart from the attendees, which included 32 smart and connected-car related companies. International manufacturers in attendance were Tesla, Volkswagen, Daimler, BMW, Audi, and Geely (owns Volvo), as well as Bosch and the German Automobile Manufacturers Association.
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