Skip to main content
https://www.highperformancecpmgate.com/rgeesizw1?key=a9d7b2ab045c91688419e8e18a006621

V2X Network gives developers the keys to in-vehicle data

Data is king. But if there isn’t a way to capture, sort and use it, then there it sits — an untapped resource.

V2X Network, a German-based startup presenting onstage Thursday during Startup Battlefield at TechCrunch Disrupt Berlin, sees opportunity in all the data produced in the modern car. And it’s a hefty sum. A fully connected and automated car loaded with sensors can produce up to 4 terabytes of data per day, the company says. As V2X Network puts it, “cars have basically become rolling data servers.”

This data can provide all kinds of insights, such as driving and road conditions and the locations of charging and fuel stations. Data produced from vehicles, if properly captured and organized, could be used to deliver services to consumers, such as helping to improve driving behavior or handing the information to city planners to better understand traffic patterns.

This isn’t a new opportunity. (After all, Intel calls data the new oil.) And V2X Network is not the first (or the last) company to see gold in the hills of data generated by connected vehicles.

V2X Network, which was founded earlier this year, is taking a carrot-first and blockchain-protected approach. The company, founded by CEO Ahsan Shamim, COO Holger Philipp and CTO Shumail Mohyuddin, has developed what it describes as a decentralized incentivized platform that gives developers access to in-vehicle data, which can be turned into a variety of different apps.

But there’s a moat, and it’s the driver. V2X Network doesn’t allow any application developer to access the data without the driver’s consent, and that can always be revoked, the company’s founders told TechCrunch. 

v2x network

Here’s how the founders, who have backgrounds in automotive and computer science, envision the system will work.

Giving developers access to in-vehicle data so they can turn it into all kinds of apps delivered to cities, automakers and drivers sounds like a winning idea. The problem is accessing that data. Why would anyone just give it away? And why would automakers hand it over?

V2X Network is taking a dual approach to getting access to that valuable data. The company is collaborating with automakers for direct access. (V2X Network couldn’t say who they were working with; only that they’re starting to work with two OEMs on a proof of concept basis.) The second data source is straight from the car owner through an OBD-II dongle solution used to collect data on older vehicles. A prototype of the V2X Network dongle, a blockchain node that starts sharing information with V2X Network once it’s plugged in, was shown at Disrupt Berlin.  

Once the data is collected, it’s made available to developers who use it to create valuable apps that could be used by drivers, cities and automakers, among others.

Incentivizing the car owner for producing the data lies at the center of the platform. V2X Network isn’t buying the data from the car owner. Instead, the company proposes charging data access fees from the service providers and sharing part of the revenue with the car owners or manufacturers.

The company sees a variety of possible applications developed from the data, from fleet management services and vehicle tracking to traffic congestion control, smart parking and driver coaching.

[gallery ids="1752153,1752159,1752156,1752154,1752157,1752155"]

Comments

Post a Comment

Popular posts from this blog

Uber co-founder Garrett Camp steps back from board director role

Uber co-founder Garrett Camp is relinquishing his role as a board director and switching to board observer — where he says he’ll focus on product strategy for the ride hailing giant. Camp made the announcement in a short Medium post in which he writes of his decade at Uber: “I’ve learned a lot, and realized that I’m most helpful when focused on product strategy & design, and this is where I’d like to focus going forward.” “I will continue to work with Dara [Khosrowshahi, Uber CEO] and the product and technology leadership teams to brainstorm new ideas, iterate on plans and designs, and continue to innovate at scale,” he adds. “We have a strong and diverse team in place, and I’m confident everyone will navigate well during these turbulent times.” The Canadian billionaire entrepreneur signs off by saying he’s looking forward to helping Uber “brainstorm the next big idea”. Camp hasn’t been short of ideas over his career in tech. He’s the co-founder of the web 2.0 recommendatio...
Post a Comment
Read more

Drone crash near kids leads Swiss Post and Matternet to suspend autonomous deliveries

A serious crash by a delivery drone in Switzerland have grounded the fleet and put a partnership on ice. Within a stone’s throw of a school, the incident raised grim possibilities for the possibilities of catastrophic failure of payload-bearing autonomous aerial vehicles. The drones were operated by Matternet as part of a partnership with the Swiss Post (i.e. the postal service), which was using the craft to dispatch lab samples from one medical center for priority cases. As far as potential applications of drone delivery, it’s a home run — but twice now the craft have crashed, first with a soft landing and the second time a very hard one. The first incident, in January, was the result of a GPS hardware error; the drone entered a planned failback state and deployed its emergency parachute, falling slowly to the ground. Measures were taken to improve the GPS systems. The second failure in May, however, led to the drone attempting to deploy its parachute again, only to sever the line...
Post a Comment
Read more

How the world’s largest cannabis dispensary avoids social media restrictions

Planet 13 is the world’s largest cannabis dispensary. Located in Las Vegas, blocks off the Strip, the facility is the size of a small Walmart. By design, it’s hard to miss. Planet 13 is upending the dispensary model. It’s big, loud and visitors are encouraged to photograph everything. As part of the cannabis industry, Planet 13 is heavily restricted on the type of content it can publish on Instagram, Facebook and other social media platforms. It’s not allowed to post pictures of buds or vapes on some sites. It can’t talk about pricing or product selection on others.   View this post on Instagram   A post shared by Morgan Celeste SF Blogger (@bayareabeautyblogger) on Jan 25, 2020 at 7:54pm PST Instead, Planet 13 encourages its thousands of visitors to take photos and videos. Starting with the entrance, the facility is full of surprises tailored for the ‘gram. As a business, Planet 13’s social media content is heavily restricted a...
3 comments
Read more