Continental, Hewlett Packard Enterprise launch blockchain-based information monetization platform for sharing car information
Continental and Hewlett Packard Enterprise (HPE) introduced a brand new platform, anticipated to be accessible this 12 months, for sharing car information to allow new digital companies that enhance driver security and comfort. On the identical time, the platform will assist automobile producers monetize their information and differentiate their manufacturers.
Primarily based on blockchain know-how, the platform offers information sovereignty, safety, transparency, and effectivity to beat the limitations of sharing car information.
Enterprises throughout completely different industries have understood that they should discover methods to interrupt down information silos and allow a number of events to work collectively to extract the complete worth from their information. Within the case of linked and autonomous automobiles, information sharing throughout automotive manufacturers is essential to offering driver-assistance companies that assist drivers keep away from site visitors hazards and discover probably the most handy, sensible and environment friendly journey routes—for instance real-time site visitors warnings and finding accessible parking.
A number of present digital ecosystems allow information sharing based mostly on a intermediary mannequin, the place platform homeowners centrally coordinate the info flows and monetization. Making use of a complimentary strategy, HPE and Continental’s platform leverages a decentralized structure based mostly on blockchain applied sciences.
Members, equivalent to automobile producers, proceed storing the info in their very own information facilities and solely share particular information units upon buy instantly with the customer. This strategy provides information sovereignty to all contributors within the ecosystem, whereas on the identical time offering a extremely environment friendly and safe process for monetizing car information.
Sharing car information throughout distributors can clear up among the hardest site visitors issues and enhance driver expertise by leveraging the facility of swarm intelligence. Along with Continental, we offer the important thing to unlock the worth of this information treasure, not by taking management of the info ourselves, however by giving management to the drivers and automobile producers.—Phil Davis, President Hybrid IT, Chief Gross sales Officer, HPE
The info-monetization platform will allow automobile producers and different companions to commerce information with one another—both to enhance digital companies for his or her clients or to monetize car information. Nevertheless, buying and selling is simply possible upon a driver’s consent. Subsequently, the platform will combine a consent administration system and supply a straightforward to make use of opt-in and opt-out system for drivers.
HPE and Continental take information privateness critically to be compliant with GDPR and information safety laws in different international locations.
HPE and Continental say that they’ve already obtained overwhelmingly constructive suggestions on the brand new platform from automobile producers.
We’re positive that our platform cuts the Gordian knot of information sharing and information privateness. We invite automobile producers globally to hitch our platform and collaboratively form this rapidly rising ecosystem.—Helmut Matschi, Member of the Govt Board, Inside Division, Continental AG
As a part of a strategic partnership between HPE and Continental, the brand new platform was collectively designed by HPE Pointnext and Continental’s Inside division. HPE and Continental will present further companies to facilitate information buying and selling and the mixing of auto information into automobile producers’ backend techniques and companies.
The platform’s interface functionality will allow a number of ecosystems—each centralized or decentralized—to interconnect and to leverage new methods of information monetization. Moreover, the platform is compliant with the VDA NEVADA Share & Safe idea which was developed by the German automotive business to control the safe transmission and switch of auto generated information to 3rd events.