It will culminate in a public demonstration of selected technologies at an event hosted by the BMW Group next year
MOBI, the Mobility Open Blockchain Initiative, and TIoTA, the Trusted IoT Alliance, are launching the three-year MOBI Grand Challenge (MGC) series to find potential uses of blockchain for coordinating vehicle movement and improving transportation in urban environments.
It will culminate in a public demonstration of selected technologies at an event hosted by the BMW Group, MOBI community member, in Munich, Germany on 15 February 2019.
Ocean Protocol, a blockchain enabled data exchange protocol, has committed one million dollars’ worth of token prize to the three-year MOBI Grand Challenge series to enable the data-sharing needed for developers, data and artificial intelligence (AI) specialists to offer the world an autonomous and better mobility solution.
Beyond Protocol, a Silicon Valley-based distributed ledger technology company creating the new internet and the ethical language of machines, has committed to $250,000 worth of tokens to be used on the Beyond Protocol network.
“Today, many pieces of the smart mobility future are already in place and there are no fundamental roadblocks to realising the full benefits of blockchain connected vehicles,” said MOBI’s CEO and co-founder Chris Ballinger.
“Through the MGC, MOBI and TIoTA aim to spark corporate, government and academic cooperation, connect developers with key stakeholders to drive progress, and fully exploit the potential of blockchain technology.”
Blockchains and distributed consensus protocols offer new solutions for urban mobility. They enable vehicles to autonomously verify identity, enforce complex rules, negotiate with other vehicles and infrastructure, and bind behaviour, creating a safer, more efficient, and greener future.
“Today, many pieces of the smart mobility future are already in place and there are no fundamental roadblocks to realising the full benefits of blockchain connected vehicles"
“Mobility is a breakout IoT industry vertical for blockchain,” said Zaki Manian, executive director of the Trusted IoT Alliance and a member of MOBI’s board of advisors. “Only a small percentage of companies have completed end-to-end proof of concepts in this area and our intent is to fill this gap.
"With this collaboration, we will further the viability of applications of blockchain for smart contract enabled IoT devices.”
MOBI and TIoTA are already collaborating on two essential use cases: roadside infrastructure and autonomous vehicles and supply chain. For the MGC, TIoTA will support participants in building out and testing automotive and mobility solutions on the open TIoTA Testnet.
Winners of this first challenge will receive $350,000 worth of awards in several categories, including:
● $250,000 worth of tokens awarded by Beyond Protocol, to be used on the Beyond Protocol network
● $100,000 worth of tokens awarded by Ocean Protocol, to be used on the Ocean Protocol network for data exchange and AI advances.
Participants in this first challenge will be expected to demonstrate how distributed consensus, blockchains and related technologies can coordinate behaviour to solve specific problems in urban mobility, including machine identity, position, collective sensor fusion, obstacle mapping, path planning, and micro payments.
Learnings uncovered in this first tournament will be used to create the next series of the three-year challenge. The ultimate goal of the MGC is to develop the first viable decentralised, ad hoc, network of blockchain connected vehicles and infrastructure that can reliably share data, coordinate behaviour, and improve urban mobility.
Winners from this first challenge will be chosen and announced at a collaborative and public event hosted by the BMW Group in Munich, Germany.
If you like this, you might be interested in the following:
Blockchain: Hype, hope and growing up in public
A recent Smart Cities World event looked at where things currently stand with blockchain for smarter cities and how we proceed from here.
Blockchain mobility protocol for smart cities
iomob and Centrality have announced a joint venture to develop a decentralised protocol for urban mobility
Moving towards the Internet of Transportation
The future of transport that we’ve been promised for decades is closer than we think, says John Frazer, CCO at DAV, a blockchain-based transportation platform.