All use cases

Blockchain & Automotive industry

There are signs of a significant change in the automotive sector. With smart vehicles embedded with more and more sensors, which can almost do anything, we are getting closer to the stage of autonomous cars. It is said that by 2025 approximately 8 million cars, which will be still driven by humans, but it will be able to put some safety-critical functions to the vehicle.

Why Blockchain?

The technology has the potential to transform the automotive industry as it possesses the ability to provide secure and reliable collecting and sharing data on vehicles, their owners, manufacturers and dealers. In addition, through its’ shared ledger, blockchain technology provides instant access by different businesses across the industry including manufacturers, dealers, auto finance providers, insurers, governments and more.

Use Cases

One of the main use cases of blockchain in the automotive sector is that it provides optimized communication across the supply chain and back office. Other applications include:

  • KYS (Know Your Supplier)
  • Events tracking on the supply chain
    • Order or sell, track and pay for goods once they arrive at their destination
    • Documentation would be created, updated, viewed or verified by parties on the blockchain
    • Payments could also be initiated seamlessly between parties throughout the process based upon agreements
    • Connected IoT sensors and smart devices could measure the condition of containers and other information that can be recorded on the blockchain and inform final settlements e.g. if goods have been damaged
  • Tracking of parts amortization using IoT and Blockchain
  • Monetization of the data
    • Collected data on drivers’ behaviour could be used by insurers and governments
    • Vehicle data would bring trust in the end-users and would increase the utilisation and selling unused space through car sharing
  • “Pay as you go” access for customers to mobility and cheaper insurance based on usage and accurate data
  • Cross-industry solution – peer-to-peer energy trading could utilise blockchain technology to record the transaction

Recent projects

view all
Messenger, Crypto wallet, and Web3 browser built with state of the art technology

Messenger, Crypto wallet, and Web3 browser built with state of the art technology

Status is a multi-purpose communication tool that combines a peer-to-peer messenger, decentralized crypto-wallet, and Web3 browser.

Read case study
The world’s first international real-estate marketplace

The world’s first international real-estate marketplace

Propy is a global real estate marketplace dedicated to solving the problems of purchasing property across borders. This is done by creating a novel unified property store and asset transfer platform for the global real estate industry. Propy allows buyers, sellers, brokers, and escrow/title agents/notaries to come together through the utilization of a suite of smart contracts on Blockchain to facilitate transactions.

Read case study
The first true digital certificate to automatically trace steel quality from origin to end product

The first true digital certificate to automatically trace steel quality from origin to end product

SteelTrace is a blockchain based platform for all companies, from steel production to installer to end client, that enables traceability of steel quality via the first true digital certificate.

Read case study
Blockchain-Powered Marketplace for Services

Blockchain-Powered Marketplace for Services

CanYa is an Australian blockchain company which provides an Ethereum-based services marketplace for freelancers and a funding platform for open-source software.

Read case study
Intelligent machines connected directly to the Blockchain

Intelligent machines connected directly to the Blockchain

Driven by Industry 4.0, ARXUM develops a worldwide production network for the Supply Chain. ARXUM is able to connect customers directly to production machines through carefully enabled Smart Contracts. Manufacturers connected by ARXUM's protocol benefit from robust and secure connectivity, worldwide accessibility, and standardized production order protocol with rich data exchange.

Read case study
The Future of IP Protection

The Future of IP Protection

Vaultitude is a platform which addresses the needs of intellectual property (IP) professionals, technology transfer managers, artists, scientists and inventors by establishing documented ownership of intellectual property.

Read case study