Home Coins Ontology (ONT) Daimler Partners With Ontology To Leverage High-Performance Technologies and Transform the Driving...

Daimler Partners With Ontology To Leverage High-Performance Technologies and Transform the Driving Experience | by The Ontology Team | OntologyNetwork | Sep, 2020

With Ontology’s decentralized blockchain solutions, drivers can enjoy a suite of new, highly-secured digital driving services!

The Ontology Team

Singapore — 24 September 2020 — In a move that will transform the experience of drivers all over the world, the Daimler Mobility AG Blockchain Factory, which was set up to bring the benefits of blockchain innovation and application to the automotive finance and mobility industry, is partnering with Ontology, the high performance, open-source blockchain specializing in digital identity and data.

Today, at Daimler’s Startup Autobahn EXPO Day, a live event bringing together the most innovative minds in mobility solutions, the companies unveiled the fruits of their first collaboration — ‘Welcome Home’, a self-sovereign in-car personalization and management solution.

Daimler Mobility AG’s Blockchain Factory and Ontology have joined forces to develop MoveX, a first-of-its-kind blockchain-based mobility platform for the automotive and mobility industry. Utilizing ONT ID, Ontology’s decentralized identity framework, MoveX will empower user roaming, bundling, and sharing, as well as facilitate the integration of services across providers — one of the main barriers for adoption.

Welcome Home, the first product on the MoveX platform, solves the trade-off for users who want to have highly personalized experiences and diverse service integrations while also preserving their data privacy and control. The Welcome Home solution will not only be applicable to in-car experiences but to any smart device as they are becoming increasingly intelligent, connected and data-rich.

Commenting on the partnership, Andy Ji, Co-founder of Ontology stated, “In choosing to partner with Ontology, Daimler Mobility has demonstrated its commitment to innovation and to leveraging advanced emerging technologies such as ONT ID which deliver the best possible experience for drivers around the world. Our decentralized identity solution can offer a range of benefits that focus on security, verification, and trusted data management for not just drivers, but the entire automobile ecosystem.”

He continued, “To date, Daimler Mobility’s efforts to implement blockchain-based solutions have focused primarily on improving efficiencies in back-end departments and in the supply chain. However, what makes this partnership exciting is that Ontology’s ONT ID integration with Daimler Mobility on MoveX will open doors to allow for inherent interoperability that encompasses offline data like parking tickets or claims, but also digital data like access tokens or driving history.

The news comes as Ontology continues to strengthen ties with the German enterprise and moves forward with plans to open an office in Berlin.

Harry Behrens, Head of The Daimler Mobility AG Blockchain Factory, said, “Welcome Home combines mobility with social networking. By using Ontology’s unique framework for DID and highly secure data access we have combined usability with the highest standards for data sovereignty and privacy.”

Source link

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
474FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,550FollowersFollow
2,230SubscribersSubscribe
USD - United States Dollar
EUR
1.17
GBP
1.29
CHF
1.09
NOK
0.11
JPY
0.01
CAD
0.75
AUD
0.70

Most Popular

Cardano, Algorand, Compound Price Analysis: 31 October

Ethereum, the biggest of the altcoins, dropped beneath $400 and could signal further, marketwide losses while Bitcoin stayed well above $13,000. Cardano exhibited...

The evolution of crypto exchanges — What’s next for the industry

From what started as something of a “technological experiment” with Bitcoin (BTC) over a decade ago, the crypto asset industry has become a...
bitcoin
Bitcoin (BTC) $ 13,818.14
ethereum
Ethereum (ETH) $ 389.45
ripple
XRP (XRP) $ 0.240933
tether
Tether (USDT) $ 0.997747
bitcoin-cash
Bitcoin Cash (BCH) $ 264.13
bitcoin-cash-sv
Bitcoin SV (BSV) $ 165.39
litecoin
Litecoin (LTC) $ 55.98
eos
EOS (EOS) $ 2.54
binancecoin
Binance Coin (BNB) $ 28.58
okb
OKB (OKB) $ 4.50
tezos
Tezos (XTZ) $ 1.98
leo-token
LEO Token (LEO) $ 1.26
cardano
Cardano (ADA) $ 0.094041
monero
Monero (XMR) $ 123.36
stellar
Stellar (XLM) $ 0.079083
chainlink
Chainlink (LINK) $ 11.30
huobi-token
Huobi Token (HT) $ 4.22
tron
TRON (TRX) $ 0.026084
usd-coin
USD Coin (USDC) $ 0.999701
dash
Dash (DASH) $ 71.69
neo
NEO (NEO) $ 15.01
iota
IOTA (MIOTA) $ 0.256113
nem
NEM (XEM) $ 0.096529
zcash
Zcash (ZEC) $ 58.88
maker
Maker (MKR) $ 525.71
paxos-standard
Paxos Standard (PAX) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 5.25
vechain
VeChain (VET) $ 0.010088
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 3.75
kucoin-shares
KuCoin Shares (KCS) $ 0.852351
waves
Waves (WAVES) $ 3.26