Sony Bets on Blockchain to Reshape the Future of Public Transport
Sony Bets on Blockchain to Reshape the Hereafter of Public Transport
Sony has developed a blockchain system for rationalizing services such equally trains, buses, taxis, car-sharing and on-need rental bicycles.
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While many nations remain at a about-standstill due to the COVID-19 pandemic, major players in tech are continuing to develop innovative infrastructure for when nosotros get moving over again.
Sony announced on April 23 that it has successfully developed a new blockchain system for integrating data and service provision across different forms of transportation — whether information technology exist trains, buses, taxis, car-sharing or on-demand rental bicycles.
This arroyo to transport — referred to as MaaS (Mobility every bit a Service) — aims to provide people with data regarding optimal routes to their desired destinations.
The system aims to supplant a siloed, type-specific interface for each segment of the sector, whereby users pay and choose their means of transport in isolation from the wider urban transportation organisation — for example, by using a specific taxi-hailing app or paying for a local charabanc.
Sony'due south new Blockchain Common Database (BCBD) for MaaS can ostensibly process data from 7 million users per mean solar day and record, clarify and share their anonymized travel history and revenue allocation.
Information technology is the simply successful project chosen from an initiative by kingdom of the netherlands Ministry of Infrastructure and Water Management last year, which appealed to developers to advise blockchain solutions for MaaS development.
Sony notes that BCDB is not express to MaaS, and could be used in various applications for smart cities, where large-scale sensor data needs to be transparently and securely shared across a decentralized network.
Every bit Cointelegraph has previously reported, recent data suggests that Sony — alongside 34 other multinationals that include Microsoft, Walmart, Mastercard and Intel — had applied for a full of 212 blockchain patents by the end of March 2022.
In its annunciation today, Sony pointed to its evolution of digital currency hardware wallet technology and the utilize of blockchain for digital content rights management, alongside other blockchain projects in the pipeline.
Source: https://cointelegraph.com/news/sony-bets-on-blockchain-to-reshape-the-future-of-public-transport
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