Bitcoin Global News (BGN)

April 24, 2019 -- ADVFN Crypto NewsWire -- Autonomous vehicles are seemingly an inevitable part of the near future. Major car companies and many blockchain focused companies are developing systems to make the concept a reality. Last year in May a group of companies including BMW, GM, Ford, Bosch, ConsenSys Systems, IBM, IOTA, VeChain, Shift, Hyperledger and Groupe Renault formed the Mobile Open Blockchain Initiative to facilitate innovation in the niche application of blockchain technology.

Even years prior to this, Ford Motor Company was granted a patent for using a blockchain network as a means for transactions rather than for facilitating autonomous vehicles. However, the use-cases are still very closely related. Rather than using better and better technologies for reading the immediate environment physically with cameras and sensors, blockchain technology allows vehicles to be proactive instead of reactive. As a world leader in blockchain development, IBM continues to prove this as a leader in patents granted using blockchain as well.

 

Information Sharing Among Mobile Apparatus

IBM’s most recent patent “Information Sharing Among Mobile Apparatus” takes the processes involved in creating a cryptocurrency to a more general level of information sharing. In this way they hope it will facilitate increased viability of autonomous cars interacting with non-autonomous cars.One of the major issues with developing a network of autonomous cars is not how they operate, but instead their interaction with non-autonomous vehicles. But with this method for connecting all vehicles to a network, it could create a much safer environment for all vehicles.

“Connected objects can be sensed and/or controlled remotely across existing network infrastructure, integrating connected physical objects into computer-based systems. Connected physical objects are uniquely identifiable through their embedded computing system, allowing the connected physical objects to interoperate within the existing Internet infrastructure.”

It’s likely that these concepts will continue to progress by integrating even more of our current technology. Because although cars are not yet autonomous, many people are driving while using an assisting navigation system. Such routes could be connected to the same network as the autonomous vehicles to help the flow of traffic. All vehicles and drives could potentially be aware of the needs of others, and further, this could integrate the infrastructure of traffic signals for pedestrians as well.

 

 

By: BGN Editorial Staff

Bitcoin (COIN:BTCGBP)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Bitcoin Charts.
Bitcoin (COIN:BTCGBP)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Bitcoin Charts.