Vodafone’s Digital Asset Broker (DAB) subsidiary is partnering with the Aventus blockchain network to work on tracking cargo pods using IoT. While Vodafone still owns 80% of the ‘Economy of Things’ business, DAB was spun out as a join venture with Sumitomo Corporation earlier this year.
At the heart of DAB is a simple SIM card which is embedded in a device. It becomes a DAB SIM with the addition of a DAB IoT identity passport. In this particular use case, as a cargo pod moves around, data can be logged on the blockchain layer with Vodafone describing it as a blockchain of blockchains.
In yesterday’s announcement, one of the many blockchains with which DAB is integrating is the Aventus Network, a parachain on the public Polkadot network. Each parachain has its own validators, and Vodafone will become a validator on the Aventus network.
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