Info
Info

Major automakers, startups, technology companies and others launch Mobility Open Blockchain Initiative (MOBI)

News

MOBI, the Mobility Open Blockchain Initiative, announced its formation to explore blockchain for use in a new digital mobility ecosystem that could make transportation safer, more affordable, and more widely accessible.

Info

MOBI is actively working with companies accounting for over 70% of global vehicle production in terms of market share. MOBI and partners, including, BMW, Bosch, Ford, General Motors, Groupe Renault, ZF, Aioi Nissay Dowa Insurance Services USA and others seek to foster an ecosystem where businesses and consumers have security and sovereignty over their driving data, manage ride-share and car-share transactions, and store vehicle identity and usage information.

Blockchain technology operates by distributing information to a network of independent computers, ensuring that transactions are secure and data privacy, ownership rights, and integrity are protected. Working in a consortium allows MOBI and partners to create transparency and trust among users, reduce risk of fraud, and reduce frictions and transaction costs in mobility, such as fees or surcharges applied by third-parties.

Chris Ballinger, former Chief Financial Officer and Director of Mobility Services at Toyota Research Institute, joined MOBI as Chairman and CEO to coordinate this initiative and create a more open platform where users, owners, mobility service companies, and infrastructure providers can better control and monetize their assets, including their data.

"Blockchain and related trust enhancing technologies are poised to redefine the automotiveindustry and how consumers purchase, insure and use vehicles," said Ballinger. "By bringing together automakers, suppliers, startups, and government agencies, we can accelerate adoption for the benefit of businesses, consumers and communities."

Through an open-source approach to blockchain software tools and standards, the MOBI consortium hopes to stimulate more rapid and scalable adoption of the technology by other companies developing autonomous vehicle and mobility services. MOBI is pleased to connect global mobility providers with blockchain innovators as well as government and non-government agencies, and institutions to collaborate on the development of blockchain-enabled vehicle data and mobility services applications.

Initially, MOBI will be working with its partners on projects related to:

  • Vehicle identity, history and data tracking
  • Supply chain tracking, transparency, and efficiency
  • Autonomous machine and vehicle payments
  • Secure mobility ecosystem commerce

  • Data markets for autonomous and human driving
  • Car sharing and ride hailing
  • Usage-based mobility pricing and payments for vehicles, insurance, energy, congestion, pollution, infrastructure, etc.

MOBI's partners include: Accenture, Aioi Nissay Dowa Insurance Services USA, Beyond Protocol Inc, BigchainDB, Blockchain at Berkeley, BMW, Bosch, Chronicled, ConsenSys Systems, Context Labs, Crypto Valley Association, Dashride, Deon Digital AG, Digital Twin Labs, DOVU, Fetch.ai, FOAM, Ford, General Motors, Hyperledger, IBM, the IOTA Foundation, Luxoft, MotionWerk, NuCypher, Oaken Innovations, Ocean Protocol, Outlier Ventures, Groupe Renault, Ride Austin, Shareing, Shift, Spherical Analytics, the Trusted IoT Alliance, VeChain, Xain, and ZF Friedrichshafen AG.


The Latest News, Brought To You By
Major automakers, startups, technology companies and others launch Mobility Open Blockchain Initiative (MOBI)
Modified on Friday 11th May 2018
Find all articles related to:
Major automakers, startups, technology companies and others launch Mobility Open Blockchain Initiative (MOBI)
TaaS Technology Magazine


Tuesday 9th - Wednesday 10th July 2019 @ The National Motorcycle Museum

Transportation-as-a-Service (TaaS) Technology will evolve in 2019 from the inaugural conference which took place in 2018, into two co-located conferences plus a shared exhibition. As per 2018 TaaS Technology will cover Connected and Autonomous Vehicles (CAVs) and Future Mobility. The new co-located conference will look at 'Energising Future Mobility' and will focus on the key topics surrounding Electric Vehicles (EVs), Battery/Energy Technology and Infrastructure.

Places will be limited, so register your place today: https://taas.technology
Info
Volkswagen Brand China And FAW-Volkswagen Establish New JV For Connected Services
Car Sharing Platform Modo Adds Fuel Cell Powered Hyundai Nexo To Its Fleet
ZF Acquires Mobility Provider 2getthere
Toyota To Build Hydrogen Refuelling Station At Its Altona Plant In Australia
Cognata Teams Up With NVIDIA For Autonomous Vehicle Simulation
Renault-Nissan-Mitsubishi Launches Alliance Intelligent Cloud On Microsoft Azure
Karma Automotive Teases The 2020 Revero Luxury EV
AGC Opens An Anechoic Chamber In Belgium For Development Of Automotive On-glass Antennas
Kia Teams Up With Amazon To Provide One-stop EV Charging Solutions
Škoda To Install Nearly 7,000 EV Charging Points At Its Czech Factories
Velodyne CEO Wins Alliance Of Automobile Manufacturers’ Autos2050 Award
BVRLA Members Are Delivering The Future Of Urban Mobility
Fortum Charge & Drive Completes The High-power Charging Corridor Between Helsinki, Stockholm And Oslo
JLR Installs UK’s Largest Smart EV Charging Facility
Hyundai Mobis To Partner With Yandex For Developing AI Based Autonomous Vehicle Platform
Molex Joins Networking For Autonomous Vehicles (NAV) Alliance
Chinese Automotive Tier 1 VIE Licenses WiTricity Wireless EV Charging Technology
Hyundai And Kia Invest $300 Million In Indian Ride Hailing Platform, Ola
Endesa And Galp Jointly Inaugurate Five Quick Charge Points In Spain
SoundHound Unveils Hybrid Voice AI And Natural Language Understanding System For Cars
Velodyne Demonstrates LiDAR Solution For Collecting Rich Perception Data On NVIDIA DRIVE Platform
WeRide To Demonstrate Pre-commercial Level 4 Autonomous Driving Solutions
Arcimoto Announces The Deliverator, A Three-wheel All Electric Delivery Vehicle
Geotab To Roll Out Telematics Technology In Over 200,000 US Government Vehicles
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info