Today IoT and blockchain firm RIDDLE&CODE unveiled Drive&Stake, a new solution to share data for cars, including ride-sharing, car sharing or using autonomous cars. Partners in the project are Ocean Protocol which uses blockchain to monetize data, ELOOP, the Austrian electric vehicle car sharing solution, and EFS Consulting.
The big question is, what does this new solution do? To answer that, one needs to consider who would find mobility data useful. Think car manufacturers to monitor car performance, fleet managers, insurance companies to assess your driving behavior, and leasing companies. There are also ESG applications where ELOOP records C02 savings and mileage of electric vehicles.
In 2019 we wrote about a RIDDLE&CODE application for Daimler where an in-car IoT device assigns the car a Vehicle identity (VID). The device ensures data provenance and also provides a means for settlement for car or ride sharing.
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