Promise

A contender to solve this problem is XAIN. What makes XAIN interesting is its unique combination of reinforcement learning and a novel two-fold consensus mechanism (Practical Proof of Kernel).

Why do we care? We care because this combination could result in significant energy reductions and network democratisation that directly includes mobile low-power devices, like ECUs in machines or connected cars.

Use cases fall into two categories:

Data Logging: Record traffic data over the blockchain, in direct communication with other vehicles.

Record traffic data over the blockchain, in direct communication with other vehicles. Keyless Access: Lock/unlock your vehicle, faster and more secure. Grant somebody else temporary access to your Porsche and receive real-time notifications about who/when/where accessed your Porsche, such as delivery services.

More specifically, Porsche gains direct benefits on the basis of data access, including:

Data Logging: An increased trust in vehicle data, entirely audited and usable for reports, certificates and especially the access of local data for predictive maintenance and autonomous driving.

An increased trust in vehicle data, entirely audited and usable for reports, certificates and especially the access of local data for predictive maintenance and autonomous driving. Security: Better than conventional systems at protecting vehicles from hackers.

Better than conventional systems at protecting vehicles from hackers. Collaboration: The XAIN blockchain functions as a distributed, lightweight and trusted ‘app store’ for fast integrations of third party software, such as DHL.

The XAIN blockchain functions as a distributed, lightweight and trusted ‘app store’ for fast integrations of third party software, such as DHL. GDPR: Increased customer trust, while meeting GDPR compliance requirements for data usage.

Increased customer trust, while meeting GDPR compliance requirements for data usage. Autonomous Vehicles: The potential training of distributed machine learning to achieve better local models for autonomous driving, compared to sending large amounts of data.

“We can use blockchain to transfer data more quickly and securely, giving our customers more peace of mind in the future, whether they are charging, parking or need to give a third party, such as a parcel delivery agent, temporary access to the vehicle.” said Oliver Döring, Financial Strategist at Porsche.

How It Works