Major Automakers, Startups, Technology Companies and Others Launch Mobility Open Blockchain Initiative (MOBI)
Future Blockchain Summit is taking place in Dubai (May 2 - 3). Chris Ballinger, CEO and Founder - MOBI - the Mobility Open Blockhain Initiative stated at the Panel Discussion:
“By bringing together automakers, suppliers, startups, and government agencies, we can accelerate adoption for the benefit of businesses, consumers and communities”.
MOBI declares its mission as promoting standards and accelerating adoption of blockchain, distributed ledger, and related technologies for the benefit of industry, consumers and communities. They aim to use blockchain and related technologies to make mobility safer, greener and more affordable, according to their web site.
“The time to innovate collaboratively is now. The full power of blockchain technology can only be harnessed when we work together toward common goals and a common vision for tomorrow", reckons Jonathan Manzi, Cofounder and CEO of Beyond Protocol, Inc.
The press release indicates that MOBI is actively working with companies accounting for over 70% of global vehicle production in terms of market share. MOBI and partners, including BMW, Bosch, Ford, General Motors, Groupe Renault, ZF, Aioi Nissay Dowa Insurance Services USA and others seek to foster an ecosystem where businesses and consumers have security and sovereignty over their driving data, manage ride-share and car-share transactions, and store vehicle identity and usage information.
Initially, MOBI will be working with its partners on projects related to:
- Vehicle identity, history and data tracking
- Supply chain tracking, transparency, and efficiency
- Autonomous machine and vehicle payments
- Secure mobility ecosystem commerce
- Data markets for autonomous and human driving
- Car sharing and ride hailing
- Usage-based mobility pricing and payments for vehicles, insurance, energy, congestion, pollution, infrastructure, etc.
By Nadya Astam