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20171218 blockchain at daimler trucks


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CryptoMonday | Blockchain Stuttgart

Blockchain on Tour mit Daimler Trucks!

Published in: Technology
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20171218 blockchain at daimler trucks

  1. 1. Blockchain on Tour December 18th, 2017 Corinna Hofmann, Daimler Trucks Best Finance Martin Schindele, Special projects Daimler Trucks
  2. 2. / • Private Blockchain • Ethereum • Proof of authority Digital payment Automated contract operation Enable sanctions Process payments, crypto currencies Use Case: Cross-border truck financing Motivation: • Build up Blockchain knowledge • Basis for further use cases and enabler for new business models Digital asset/IoTSmart contract Page 2 1 32 Truck/Asset Periodic repayment Supplier's credit to end customers Usage of truck Enforce sanctions in case of payment default Daimler Trucks Customer December 18th, 2017
  3. 3. / Use Case Truck: Major learning areas Page 3 • Digital, programmed contract • Creation, change, processing and completion of smart contracts • User interface with basic role concept • Reporting: Visualization of contract- and performance history in user interface • Approval processes: 4-eyes-principle • Creation of Digital asset (digital ID) • Prototype: RC-Truck1:14 with communication chip linked to smart contract • Enabling sanctions • Payment with crypto/digital currencies (e.g. bitcoin) and EUR possible • Payment integrator converting crypto/digital currencies to EUR • Transfer of payment information (SEPA or Bitcoin) into smart contract Smart contracts Internet of things – digital asset Payment & crypto currencies Blockchain December 18th, 2017
  4. 4. / Use Case Truck: Underlying components Payment: 3 modules Smart contract: 6 modules IoT: 2 modules Infrastructure: 1 module Page 4December 18th, 2017
  5. 5. / Use Case Truck: Benefits and challenges of Blockchain technology Page 5 Benefits Transparency & Trust Challenges Uncertain regulatory status Scalability (speed vs size of transactions) Volatility of transaction cost Lack of required skills Data protection Wide spread adoption Faster processes Reducing costs Reliable process Smart contracts Fraud avoidance December 18th, 2017
  6. 6. / Contact Page 6 Martin Schindele Special Projects Daimler Trucks Mail: Mobil: +49 176 309 306 40 December 18th, 2017 Corinna Hofmann Daimler Trucks Best Finance Mail: Mobil: +49 151 586 046 38