he engineering and technology company Bosch is at the head of a forthcoming, blockchain-based digital mobility project with backing from the German government, which was demoed live at IAA Mobility 2023 in Munich, Germany.
At the event, Bosch, alongside collaborators such as Mobix and Peaq Netowork, revealed a peer-to-peer parking and charging scheme utilizing moveIDs on the Peaq ecosystem.
MoveIDs act as self-sovereign identities (SSIs) built on the blockchain, permitting autonomous transactions between vehicles and connected infrastructure. The demonstration at IAA Mobility highlighted autonomous transactions between connected devices: a smart car, charging station and signal for parking.
Cointelegraph was on the ground in Munich and spoke with Peter Busch, project lead for moveID and product owner for Distributed Ledger Technologies Mobility — an automotive connectivity thinktank of Bosch — along with Leonard Dorlöchter, co-founder of Peaq Network, to better understand how blockchain is helping push forward the future of mobility.
When asked why mobility was the right sector to begin implementing SSI on a large scale, Dorlöchter highlighted that “with mobility especially, there’s a lot of fragmentation.”
When it comes to mobility, the goal for users is to move from one point to another. This is done via public transport, micro-mobility scooters and car sharing or personal cars, which need parking spots and charging.
“There are many players involved and always requiring sign-ups with new accounts, new cards, etc. If this is happening on the blockchain, an open ecosystem, then everyone can have a seamless experience and also find the best services, best parking and charging spots.”
According to Busch, decentralized identities of items on open blockchain networks are the “most promising technology:”
SOURCE: COINTELEGRAPH
