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    Driving Innovations in the Mobility Sector with Blockchain-powered Solutions

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    Driving Innovations in the Mobility Sector with Blockchain-powered Solutions

automotive Challenges

blockedge-advantage

Complex Payment Systems

Fragmented data

Complex Supply Chains

Data Privacy

Counterfeit Car Parts

Regulatory Compliance

Insurance Claim Management

Energy & Utilities

Manufactures/OEMs

  • Eliminates fake auto parts
  • Enhance automotive supply chain efficiency
  • Vehicle safety & data security
  • Unmanipubale and transparent logging of data
  • Authentic blackbox records
Government & Public Sector

Vehicle Owners

  • True vehicle ownership and maintenance history
  • Increased trust in used-car market
  • Improved customer experience
  • Smart contracts eliminates middle men in transactions
Aviation

Insurers

  • Enable usage-based insurance
  • Tamper-prooof and authentic records
Healthcare & Life Sciences

Mobility Services

  • Reliable vehicle sharing
  • Autonomous vehicles
  • Automated payments

Why Blockedge?

Building smart contracts

Assured automotive industry-specific compliance

Tailored App development

Plug-and-play blockchain-as-a-service solutions

Integration with existing IT systems

Zero-coding deployment and network management

Domain-specific compliance

Highly scalable architecture

Secure deployment

24X7 blockchain network operations support

Why Blockedge?

Building smart contracts

Assured automotive industry-specific compliance

Tailored App development

Plug-and-play blockchain-as-a-service solutions

Integration with existing IT systems

Zero-coding deployment and network management

Domain-specific compliance

Highly scalable
architecture

Secure deployment

24X7 blockchain network operations support

Blockedge joins MOBI consortium to advance blockchain adoption across the mobility landscape

The strategic association enables Blockedge to be a part of MOBI’s decision making and drive common blockchain standards

blockchain experts

Discover potential use cases that could redefine the mobility of the future

Enhanced multi-party collaboration

Automotive Supply Chain Management

Automotive parts are sourced worldwide, making the supply chain process more complex. However, by documenting each step of a supply chain in blockchain, the risk of counterfeit parts can be eliminated. The transparency provided by the decentralized ledger helps automotive companies to efficiently manage the entire supply chain process and easily verify the provenance of parts. Moreover, integrating IoT sensors and RFID tags to the blockchain-based supply chain system helps enterprises in real-time tracking of shipments.

Improved data security and privacy

Targeted Vehicle Recalls

This specific use case can be significantly beneficial to OEMs. As against issuing recall notifications for thousands of vehicles, this blockchain application helps car manufacturers in identifying specific vehicles that hold defective parts, thereby issuing targeted recalls for such vehicles. Also, this blockchain-based solution reduces both the inconvenience caused and the total recall costs. In addition, this application can also be used to track the status of the recall.

Simplified audit traceability

Warranty Tracking

Blockchain technology proves to be a robust solution for effective warranty tracking. It enables to synchronize the vehicle service history with immutable records available in the distributed ledger, thereby making it easy to detect fraudulent claims. A blockchain-based warranty tracking system facilitates traceability and improves trust across the warranty value chain.

Enhanced multi-party collaboration

Usage-based Insurance and Leasing

Blockchain adoption can be a boon to insurance companies. The immutability and proof of provenance concept of blockchain technology help insurers to get tamper-proof and authentic records. Most of all, it helps create personalized insurance contracts based on the driving behavior and real car performance, allowing a driver with good driving scores to obtain lower insurance. Similarly, blockchain adoption helps vehicle leasing companies by storing and sharing the driving behavior events, based on which the lessor can calculate the lease rates.

Improved data security and privacy

Automated Payments

Every phase of the automotive lifecycle is underpinned by payments. A blockchain-powered payment system connects all parties involved in a secure and reliable environment, assuring transparent transactions. This application also simplifies vehicle sharing services by automatically settling transactions between owners and users through a single-source, usage-based payment system.

Discover potential use cases that could redefine the mobility of the future

The global automotive industry is waking up with new blockchain opportunities.