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GM’s New Patent Application Showcases Blockchain as a Solution for Autonomous Vehicles

It has often been said that Hollywood usually precedes reality when it comes to predicting the future. We have seen countless movies predict the landings on Mars and space travel; we have been warned on the dangers of artificial intelligence in the Terminator series of movies; and we have also seen autonomous vehicles in famous blockbusters such as Minority Report and I Am Robot.

GM’s New Patent Application Showcases Blockchain as a Solution for Autonomous Vehicles

It is with this background and recent developments in blockchain technology that the American giant car maker of General Motors, has filed a patent application with the US Patent and Trademark Office, that shows the possibility of using a blockchain  database for data exchange between vehicles and entities.

The patent application by GM Global Technology Operations LLC (Detroit, Michigan), is available online and explains as follows how blockchain can be used to distribute event information relevant to the decision making of autonomous vehicles.

Blockchain technology while associated with use in the financial sector has applicability to the non-financial sector and in this case, for use with autonomous and non-autonomous vehicle technologies..

[The] method and system [uses] blockchains for distributing event information related to vehicle operation between a plurality of entities.

The method includes executing blockchain agreements between the plurality of entities participating in a blockchain exchange for distributing event information related to the vehicle operation, where the blockchain exchange includes a plurality of databases having blockchains of data blocks for storing the event information.

A Brief History of Self Driving Cars

With the the continual technical advancements evident in the accuracy of GPS (Global Positioning Systems), we have seen numerous car manufacturing companies, private research institutions/companies, universities and even individuals attempt to solve the question that is safe and accurate autonomous vehicles.

Back in May, we saw MIT reveal a self-driving car that relies solely on GPS and sensor data. In the case of the Tesla brand of electric vehicles, they have a ‘summon’ feature that allow owners to call on their vehicle using their phones, but for short distances. Google has also been working on self driving vehicles through Waymo. Apple is also working on its own version of a self driving car. Ford has also collaborated with Domino’s to have pizzas delivered by self driving cars.

Looking at blockchain projects, we have seen IOTA partnering with Porsche through the German Startup, Autobahn. The partnership is meant to explore the future of smart and autonomous vehicles.

What are your thoughts on GM’s new patent application that cites the usage of a blockchain database to distribute information between autonomous vehicles? Please let us know in the comments section below. 

[Image courtesy of Pys.org]

The post GM’s New Patent Application Showcases Blockchain as a Solution for Autonomous Vehicles appeared first on Ethereum World News.

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IOTA (MIOTA) Expands Industrial Partnerships with VW, Bosch and Fujistsu

Many crypto enthusiasts believe that blockchain projects with a use case in real life problem solving, will be the ones to stick around in the long run. It is therefore not surprising that IOTA (MIOTA) fans are still enthusiastic about the project and the numerous possibilities it holds in revolutionizing the Internet of Things.

2018 will indeed prove to be one of the best years for the IOTA project for the foundation wants to expand on three major industrial partnerships with Bosch, Volkswagen and Fujitsu. The numerous applications of IOTA through its three partners has been demonstrated on numerous occasions at various fairs and events across the globe.

Bosch

Bosch describes the Internet of Things as:

The magic quality of the IoT is the connected world it makes possible: a world that’s getting bigger as the technologies linking devices become smaller, cheaper and faster.

At the end of last year, Bosch introduced its new sensor XDK or Cross Domain Development Kit which takes automation and its interaction with the IOTA tangle t a whole new level.

Volkswagen

On the other hand, VW, in conjunction with IOTA, presented a new proof of concept at the CEBIT 2018 event. VW wants to integrate the technology into its products to make sure all the cars get the data they need to run certain updates and functions as we advance into the future of technology.

With the future of driver-less cars not that far away, the transmission of data and software over radiowaves to vehicles on the IOTA tangle will be core to maintaining order on the roads.

Fujitsu

Fujitsu wants to offer its IOTA test project to its customers in the manufacturing and automotive industries. The company already sees IOTA as the new protocol standard in IT services and manufacturing IT products. Smart factories powered by the IOTA tangle, can make the manufacturing process more efficient.

Dr. Rolf Werner, who joined the board of the IOTA Foundation, describes the major applications as follows:

The possibilities of decentralized and secured applications based on IOTA Tangle as a Distributed Ledger Technology are immense. They go far beyond machine-to-machine payment and include, for example, tamper-proof monitoring of the supply chain and secure identity management, just to name a few. I’m delighted to join the IOTA Foundation Supervisory Council to provide a journey that will be meaningful for lots of industry sectors worldwide.

In conclusion, the IOTA project has very exciting times ahead in terms of solving real life problems. With respect to the market performance of the digital asset, MIOTA, the current bear market has left it valued at $0.52 at the moment of writing this. The decline in value is not limited to MIOTA, but is on a crypto-wide level with many anxious to see a market rebound before the end of the year.

Disclaimer: This article is not meant to give financial advice. Any opinion herein should be taken as is. Please carry out your own research before investing in any of the numerous cryptocurrencies available.

The post IOTA (MIOTA) Expands Industrial Partnerships with VW, Bosch and Fujistsu appeared first on Ethereum World News.

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Volkswagen Group Member Of Staff Joins IOTA (MIOTA) As Project Manager

IOTA (MIOTA) has successful signed a Volkswagen Group worker Janine Härtel who from now on, will be working with IOTA’s Mobility & Automotive adoption team as a senior project manager.

Janine felt in love with IOTA Tangle sometimes back. With her colleagues at Volkswagen, she developed the idea of the “software over the air“ PoC using the IOTA Tangle, a statement by IOTA foundation stated.

“During this time she also learned about many other opportunities to adopt DLT to the automotive world, especially for autonomous vehicles and their business models in MaaS applications. Janine has also consulted on several strategic projects in the aerospace and transportation industry, with a strong focus on IT and Engineering.”

“Since her tender age, Janine has driven every car she could get her hands on, old or new, no matter which brand or model,” the statement indicated adding that “she also loves to watch Formula 1 and DTM”.

Janine applied her passion for automobile industry while working for MHP, a Porsche company and a subset of the Volkswagen group, especially on connected car mobility services and Over-the-Air (OTA) connectivity solutions.

She studied communication engineering with a major in mechanical engineering at the Research University RWTH located in Aachen.

According to the statement, “Janine started her career in a spin off company from The Institute for Industrial Management (FIR) at RWTH Aachen, in the field of production engineering.”

“The main focus was on developing an integration platform (myopenfactory) with a consortium of ERP providers, together with small and medium-sized and mechanical engineering companies, to reduce the complexity of intercorporate interoperability between ERP systems.”

Janine while showing enthusiasm towards her new appointment at IOTA said:

“I strongly believe in IOTA’s technology and the vision of a machine-to-machine ecosystem. Examples include vehicles paying for services on demand, such as in-car infotainment, delivery, parking onsite and offsite, driving though countries with toll roads, sharing electric power, and software updates. Most of these ideas are still at an early prototype stage, but I am proud to be part of this change.”

It is believed that her new appointment will help smoothen relationship between IOTA and Volkswagen, a company that is looking forward to applying some use cases presented by IOTA.

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“TWO” Is That Uncelebrated IOTA (MIOTA) Real World Use Case

Not every self-proclaimed blockchain innovation has dependable use cases. Talking about IOTA (MIOTA), the platform is invented to bring a revolution to the Internet of Things (IoT). Nevertheless, IOTA has applications beyond the IoT due to its scalability, fast and free-of-charge advantages.

When one looks around, it is no doubt that many people are talking about IOTA. The accolade won’t be outstanding if TWO is not mentioned.

TWO is an idea making use of the Tangle for their project to solve the waste management problems. TWO – IoT Waste Management is centered on making an “airport’s or a city’s waste management more efficient”.

TWO wants to “equip waste bins and containers with sensors which not only provide a real-time overview about the waste levels inside, but also “order” the truck fleet once they are full”.

How It Works

According to Hello IOTA, TWO indicates that it aims at saving lots of funds and giving the waste management service the avenue to provide a complete ledger of their contract, from clearing the bin until the drop-off at the landfill facility.

“Every waste bin will be equipped with a sensor which everyone is probably familiar with: a vehicle reverse sensor (the thing which normally warns you before you bump against a wall with your car)”.

The sensor however, has a WIFI transceiver aboard and a Lithium ion battery that has 3 years of longevity. TWO will have its first client to be an airport. For example, the airport has a smart contract with a waste management company.

It is this contract that settles the payments for trucks that take away the garbage. In this wise, the airport will have a “tangle-based monitoring and analytics platform” that acts the moment garbage can is full. The truck is notified and then picks up the waste and takes it away.

What TWO does
it is possible that some waste managers collect empty bins and still demand money for this service.

Nonetheless, with TWO, for the fact that data stored on the Tangle is tamper-proof, you do not require lawyers to settle this issue.

The smart contract being made use of won’t approve the transaction because it will “see” that the bin was not empty. This guard against fraud and result in cost-effective services.

The most interesting thing is that IOTA Tangle which is to be used offers fee-less transactions of data and value.

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IOTA (MIOTA) Digital CarPass Is On Its Way, Here Are What You Need To Know

Digital CarPass, a project that Volkswagen and IOTA (MIOTA) are working on is near completion and will soon be unveiled for the public use.

Digital CarPass is a practicable application of IOTA for vehicles telematics data. It gives the vehicle the advantage to tell its story: where it went, what it did and how it was treated. It provides tamper-proof mileage history, and guard against odometer fraud in second hand vehicles. It is like a report sheet for vehicles have distributed ledger to ensure data such as mileage is reliable.

In a publication by Calcalist Tech, Benjamin Sinram, head of blockchain at Volkswagen, said in Tel Aviv, that CarPass will be launched in early 2019.

He spoke on how Volkswagen is exploring distributed ledgers and cryptocurrencies together with groups like Iota and Energy Web Foundation.

He made known that Volkswagen’s vision is also focusing on autonomous cars carrying out transactions on behalf of their owners using cryptocurrency wallets.

“We want to enable our autonomous cars to (provide) services for you and pay autonomously for these services with their own money,”

Sinram’s team is working on an open ledger which can be used to track the supply chain of cars from manufacturer to customer.

They are also working on “charging protocol”. This protocol, however, runs on the Ethereum network.

Earlier in Berlin, the innogy Innovation Hub presented its physical prototypes and its vision for Industry 4.0 in the “Blockchain, Tangle and Beyond”, they made it known that a number of disruptive Industry 4.0 technologies are now about to be unleashed.

Among what they mentioned was the Digital Twins & CarPass, an idea that enables a vehicle to tell its story audibly. The solution according to them provides an auditable and tamper-proof mileage, trips, environmental, and maintenance data and stores them immutable in the digital twin for private passenger, fleet or commercial vehicles.

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IOTA (MIOTA) Releases Public Beta Version Of Trinity Desktop Wallet

IOTA (MIOTA) Foundation has announced the long expected public beta release of the Trinity Desktop wallet app.

Earlier this year, Iota Foundation released the Trinity Mobile wallet, thereby solving a large number of usability issues of the standard GUI wallet.  Since then, the team behind the idea have been working to achieve a full mobile wallet.

At the moment, the Trinity mobile wallet’s UX has been optimized for desktop. The newly unveiled version deploys neat addition and maintained a familiar flow.

Before release, the app was confirmed secure. Owing to user feedback, the team have developed a new default theme for desktop and mobile, in essence, adding to its many themes.

A statement by IOTA indicated that to get a copy of the beta wallet, IOTA enthusiasts need to visit the Trinity website, where the download link for both desktop and mobile are gotten.

The statement reads: “Trinity Desktop on Windows is signed with the IOTA Foundation code-signing certificate, which needs to have a positive reputation in order to pass the Smart Screen filter. Microsoft establishes the reputation of an application based upon the number of installations worldwide of this application. Since Trinity Desktop has just been released (and therefore its reputation hasn’t yet been established), the Smart Screen will continue to flag the wallet.”

“You can manually check the certificate by right-clicking the application icon and opening “Properties”. Then on the “Digital Signatures” tab, you can find detailed information about the “IOTA Stiftung” signature.”

Now, IOTA is open sourcing all code for the mobile and desktop wallets and the code can be found on Github repo. The team behind the wallet are looking forward to partnering with IOTA’s developer community to improve the wallet further.

Around May, IOTA Foundation announced it has joined the leading Organizations in Consortium to Explore Distributed Ledger Technology for New Mobility Ecosystem.

The consortium features Bosch, Groupe Renault, BMW, Ford, General Motors, ZF, and other mobility and Distributed Ledger Technology (DLT), forming a new mobility industry organization fostering joint development of DLT standards, pilot projects, and open source software tools.

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Here Is How Bitcoin (BTC), ETH, XRP, LTC and more Would Look Like If They Were Cold Hard Cash

It is said that old habits are hard to break. Many of us are so used to the concept of carrying cold hard cash in our wallets, handbags and pockets that the concept of cryptocurrencies takes a while to fathom. For the proverbial newbie, it takes a while to grasp blockchain technology and cryptography. Then comes the task of blending the two concepts to create our favorite coins of Bitcoin (BTC), Ethereum (ETH), XRP and more.

So let us explore how our favorite cryptocurrencies would look like if they were cold hard cash.

1. Bitcoin (BTC)

Created in 2009 by the anonymous Satoshi Nakamoto, many of us did not get to consider Bitcoin (BTC) as an investment option up until mid last year when mainstream media was all over the place talking about it. To note is the golden color scheme of the note that correlates to how BTC is viewed as the digital gold of our times.

2. Ethereum (ETH)

Founded by Vitalik Buterin in 2015, the Ethereum (ETH) coin and platform has introduced us to Decentralized Applications and ICOs that have been made possible through the smart contract capability of the network. The name Ethereum was derived from the word ‘ether’ which refers to the hypothetical invisible medium that permeates the universe and allows light to travel.

3. XRP (XRP)

XRP was introduced to the cryptoverse in 2012 by Chris Larsen and Jed McCaleb. The digital asset was once referred to as Ripple due to the fact that it was created to power the Ripple ledger. But due to 3 pending lawsuits and SEC scrutiny, the Ripple company has decided to clarify that the two entities are entirely different. This design of its paper currency could then be a collectors edition.

4. Litecoin (LTC)

Sometimes referred to as ‘the little brother’ of Bitcoin, Litecoin (LTC) was created by Charlie Lee in 2011 to be a lighter and more efficient version of the King of Crypto. LTC is intended for smaller payments and faster transactions. The Litecoin Foundation has recently acquired a stake at Germany’s WEB Bank further pushing the possibility of LTC supported debit cards.

5. IOTA (MIOTA)

The IOTA Tangle plans on revolutionizing the Internet of Things as well as transactions on the blockchain since it has zero fees. IOTA was founded in 2015 by David Sonstebo, Sergey Ivancheglo, Dominik Schiener and Dr. Serguei Popov for the sole purpose of making IOTA the currency for the Internet of things.

6. Monero (XMR)

Founded in 2014 by a programmer with the online name of thankful_for_today – best known by the pseudonym Nicolas Van Saberhagen – Monero (XMR) has become the fan favorite for crypto-enthusiasts who value anonymity. It uses what is known as ring signatures to keep sender and recipient identities anonymous during a transaction. It has received some flack from governments who accuse it of being used for criminal activities. But privacy is a right in the many constitutions around the world.

7. Dash (DASH)

Dash is short for Digital Cash. The digital asset has faster transaction speeds and anonymity. It was created in 2014 by Evan Duffield.

8. Dogecoin (DOGE)

Dogecoin (DOGE) started off as ‘an internet joke’ and has gained mainstream popularity and acceptance. The coin has its roots in the ‘Doge’ Internet meme and has the Shiba Inu breed of dog as its mascot. Developed in 2013 by programmer Billy Markus and marketer Jackson Palmer, DOGE has appealed to a lot of crypto-enthusiasts and is primarily used for tipping on the internet.

9. Stellar (XLM) 

Developed in 2014 by Jed McCaleb and Joyce Kim, the Stellar foundation is run as a non-profit and aims at connecting banks, payment systems and people in a manner that accelerates the movement of money in a fast, reliable and cheap manner. One of its chief goals is to fight poverty and develop individual potential around the world.

10. ZCash (ZEC)

Zcash was created in 2016 and is also known for its privacy characteristic. Users have two choices when making transactions: to use the public blockchain or to make the transaction anonymous. ZCash has been popularized by Edward Snowden who admitted to being a user as well as the Winklevoss Twins who added ZEC to their Gemini exchange.

In conclusion, it is good to muse about the possibilities of our favorite digital assets being cold hard cash. The designs featured herein are a tip of the iceberg for the crypto-community is bound to come up with more wonderful designs that would probably undergo a voting process before any minting. This is due to the decentralized nature of the crypto-verse.

Disclaimer: This article is not meant to give financial advice. It is an opinion piece. The opinion herein should be taken as is. Please carry out your own research before investing in any of the numerous cryptocurrencies available

[All images courtesy of neomam.com]

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FogNet: Where IOTA (MIOTA) Cryptocurrency Combines With Bluetooth.

IOTA (MIOTA) –A lot of people who are familiar with technology, miniaturization and advancement are not always tired of listening to IOTA’s awesome technology.

One important use case of IOTA is FogNet. The idea which won the first position at an IOTA Hackaton sometimes back.

FogNet is regarded as an alternative to internet. It uses Bluetooth and the IOTA protocol to serve internet connectivity instead of relying on service providers.

As a decentralized network which transfers data, it depends on p2p data transfer using the FogNet “routers” made up of an Arduino device coupled with a Bluetooth Low-Energy device. This routers can connect to a neighborhood mesh of other FogNet routers.

Through it, you can seek web contents, videos, and so on from neighbours who depends on that routers as well.

Since Bluetooth is enabled on nearly all devices today, the technological innovation can be used on any computer, smartphone or any other Bluetooth enabled devices.

A Distinct Solution To Rural Internet.

Today, FogNet should be seen as a unique solution to hurdles faced in remote areas where internet exist in low quality or does not exist at all.

At the moment, FogNet serves contents through regular internet, but there may be improvement on the idea in the nearest future.

Audi Think Tank & IOTA Foundation explore Tangle-based mobility use cases

On the July 25th, the IOTA Foundation announced a one week Google Design Sprint with Audi Denkwerkstatt to build a permissionless mobility ecosystem. Audi Denkwerkstatt is Audi’s Think Tank based in Berlin. The two firms will be exploring Tangle-based use cases, build a low level prototype and to gather customer’s feedback.

IOTA said in a statement:

“The Audi Denkwerkstatt team consists of seven Audi employees who support 15 colleagues from all business areas, levels and age groups in generating, validating and implementing ideas about premium mobility within six months. The aim is to establish business models independently or in cooperation with others.”

The joint effort will pave way for IOTA to be integrated into a new mobility solution with expertise from Audi.

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+CityxChange and IOTA Join Forces on a Massive Project Funded by the EU

The European Commission formally invited the +CityxChange team to be part of the Smart Cities and Communities Project. The project in question belongs to the EU Research and Innovation Programme Horizon 2020.

+CityxChange team

The +CityxChange project uses IOTA to facilitate connectivity between devices as a means of promoting “climate-friendly and sustainable urban environments.” Such a large-scale implementation leads to what the team refer to as “Smart Cities”.

The +CityxChange team explains the concept of Smart cities on its official website. The long-term prospects are quite promising, possibly explaining the European Union’s interest in its research and development:

“In the future, municipalities must handle a completely different complexity in society. In order to have well-functioning cities, cities must improve how they utilise their resources and how they engage with technologies in different ways. A smart city will use digital technologies to enhance performance and wellbeing, to reduce costs and resource consumption and to engage more effectively and actively with its citizens.”

The Project has evolved satisfactorily and the experts have positively evaluated it. It not only attracts the attention of technology enthusiasts but has also received significant support from high-level policy makers, universities, enterprises, SMEs, Non-Profit Organizations, etc.

+CityxChange and IOTA: A Great Team For a Better Life

IOTA NonProfit CurrencyThe IOTA team is enthusiastic to see how their network can contribute to the successful development of the +CityxChange project. On the official IOTA blog, the satisfaction of its Head of Business Development, Wilfried Pimienta, is evident:

“Smart cities is one of the fastest growing cross-sectoral arenas of innovation for IOTA. Building on our work and partnerships across mobility, energy or data marketplace, these smart city ecosystems bring it all together. The +CityxChange consortium gathers many public and private partners around an ambitious open innovation and co-creation initiative.”

The consortium project will receive initial funding of 20 million Euros from the European Research and Innovation programme Horizon 2020; however, it is important to stress that this will not be the only source of income for the project.

It is estimated that around 10 million euros could be received immediately from partners interested in the rapid development of such solutions. The project is expected to start on January 1, 2019.

Additionally, The cities chosen for implementation are: Trondheim, Limerick, Alba Iulia, Pisek, Sestao, Smolyan, and Voru.

The chosen cities interconect 7 countries across Europe

It is also important to take into consideration that the project interconects 7 countries all around Europe. It is possible to envision global interconection as IOT evolves into a massive phenomenon just as communications did decades ago.

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Bitcoin Climbs to Two-Week High as Cryptocurrency Market Recovery Continues

Bitcoin appears to have started enjoying the summer period. The top-ranked cryptocurrency has been slowly recovering over the last week. This positive price movement comes after a tumultuous June where it twice fell below $6,000 setting consecutive 2018 lows in the same month.

Bitcoin Clocks Two-Week High in a Five-Minute Spike

Bitcoin has broken the $6,700 mark after a few days of hovering above the $6,500 mark. This price level is particularly significant given that it was the first drop level after the 10 percent dip in mid-June 2018. Many analysts had identified $6,700 and $6,900 as crucial resistance points in the march towards $7,000.

BTC began the day trading just above the $6,500 mark before spiking to $6,700 in a little under five minutes. This figure represents a two-week high for the much-beleaguered top-ranked cryptocurrency. By jumping ten percent today (July 4, 2018), BTC has now brought its seven-day price gain up by ten percent.

Since the spike, BTC has experienced a minor price pull-back. However, it is still holding steady above the $6,700 mark. Bitcoin enthusiasts will be hoping for another significant price spike in the hopes of crossing the $7,000 threshold.

Top Ten Cryptocurrencies Posting Positive Price Movements

BTC isn’t the only positive gainer in the market today. All but one of the top ten cryptocurrencies based on market capitalization have all recorded positive 24-hour price movements. IOTA, ranked number ten is the biggest gainer in the group, jumping more than five percent in the last 24 hours.

Outside the top ten, NEO is also having an excellent trading day – up by almost 6 percent. The price spike has been linked to a mysterious NEO tweet posted yesterday (July 3, 2018).

Relief Rally or Sustained Bull Run?

The big question now is whether the recent gains in the cryptocurrency market signal the start of a sustained bull run or it is only a relief rally as some analysts have claimed. The cryptocurrency market has endured a tough 2018 declining by more than 50 percent of its all-time high set in last days of 2017.

The slow pace of adoption, as well as crippling regulatory provisions, have stifled the growth of the market. Incessant cryptocurrency exchange platform hacks haven’t also helped the situation. The coming days and weeks may provide some insight into what the second half of the year holds for cryptocurrencies.

Do you think this is the start of the BTC price bull run? What is your third quarter price prediction for the top-ranked cryptocurrency? Keep the conversation going in the comment section below

Image courtesy of CoinMarketCap.

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