Over the last few years, breakthroughs in blockchain tech have infused some of the most revolutionary and exceptional upgrades to processes across various industries. This growing impact of blockchain on different industries has risen the confidence of stakeholders and in turn egging them on to focus on use cases that seemed complex before. Spotting the potential of blockchain and opportunities it opens up, legacy auto majors have begun adopting this emerging tech to remain competitive as well as relevant in future market scenarios.
Current blockchain solutions for the automotive industry range from mobility services to data monetization. Among these solutions, BC seeks to answer challenges posed in the insurance, the marketplace economy as well as the vehicle autonomy spaces to further bridge the ever narrowing distance between consumers and producers.
This report includes a comprehensive analysis of the adoption of blockchain tech in the auto industry and also highlights the major trends and opportunities across the ecosystem.
To purchase the full report, write to us at info@netscribes.com
Visit www.netscribes.com
Introductory presentation I gave at Genivi's all member meeting in Birmingham. First part is a blockchain explainer and second part introduces some use-cases.
THE METAVERSE IS POTENTIALLY AN $8 TRILLION TO $13 TRILLION OPPORTUNITY (Citibank):
We believe the Metaverse may be the next generation of the
internet — combining the physical and digital world in a persistent
and immersive manner — and not purely a Virtual Reality world.
A device-agnostic Metaverse accessible via PCs, game consoles, and
smartphones could result in a very large ecosystem. Based on our
definition, we estimate the total addressable market for the Metaverse
economy could grow to between $8 trillion and $13 trillion by 2030.
METAVERSE USE CASES:
Gaming is viewed as a key Metaverse use case for the next several years due to the immersive and multi-player
experience of the space currently. But we believe that the Metaverse will eventually help us find new enhanced ways to
do all of our current activities, including commerce, entertainment and media, education and training, manufacturing and
enterprise in general. Enterprise use cases of the Metaverse in the coming years will likely include internal collaboration,
client contact, sales and marketing, advertising, events and conferences, engineering and design, and workforce train
METAVERSE INFRASTRUCTURE BUILDING:
the current state, the internet infrastructure is unsuitable for building a fully-immersive content streaming Metaverse
environment, that enables users to go seamlessly from one experience to another. To make the vision of Metaverse a reality, we
expect significant investment in a confluence of technology. Low latency — the time it takes a data signal to travel from one point
on the internet to another point and then come back — is critical to building a more realistic user experience.
MONEY IN THE METAVERSE:
We expect the next generation of the internet, i.e., the Metaverse, would encapsulate a range of form factors of money, including
the existing/traditional forms of money and also upcoming/digitally-native forms — cryptocurrency, stablecoins, central bank
digital currencies (CBDCs) — that were out of scope in a pre-blockchain virtual world
This document is the copyright of its respective holders. It is freely available on the Internet to anyone who searches for it independently. It is provided here under the "Fair Use Doctrine of U.S. Copyright Law."
The best smart contract platforms in 2021OliviaJune1
The smart contract has become a game-changer in the industry. Contract delivery and payout have both changed dramatically as a result. Only Ethereum was once considered to be the only platform for creating smart contracts
A hardware and software platform, which turns a smartphone into a powerful payment, loyalty and identification tool:
- All-in-one,
- Simple authentication & authorization,
- P2P transfers,
- Pay by QR code,
- Pay by NFC,
- Pay by cards linked to an account,
- Mobile acquiring,
- Invoices,
- Loans,
- E-policies,
- Consolidation of loyalty programs,
- Discounts and promotions,
- Ticketing.
White Label - under Your Brand in 2-3 months!
The Covid-19 pandemic necessitated the payments industry undergo a facelift, sparked by novel approaches from new-age players, fostered by industry consolidation, and customers’ demand for end-to-end experience. Crossing the threshold, the industry is entering a new era – Payments 4.X, where payments are embedded and invisible, and an enabling function to provide frictionless customer experience. As customers make a permanent shift to next-gen payment methods, Digital IDs are critical for a seamless payment experience. The B2B payments segment is witnessing rapid digitization. BigTechs, PayTechs, and industry newcomers are ready to jump in with newfangled solutions to help underserved small to medium-sized businesses (SMBs).
As incumbents struggle with profits, new-age firms are forging ahead to take the lead in the Payments 4.X era by riding the success of non-card products and services. The new era demands collaboration, platformification, and firms can unleash full market potential only by embracing API-based business models and open ecosystems. Data prowess and enhanced payment processing capabilities are inevitable to thrive ahead. The clock is ticking for banks and traditional payments firms because the competitive advantage is not guaranteed forever. As industry players seek economies of scale, consolidations loom, and non-banks explore new territories to threaten incumbents’ market share. While all these 2022 trends are at play, central bank digital currency (CBDC) is emerging globally and might open a new chapter in the current payments landscape.
Health care: blockchain for provider data managementEY
For years, the health care industry has struggled to maintain accurate and consistent provider data as a result of physicians moving locations, joining new networks and adjusting care offerings. Learn how blockchain technology can be used to support a new kind of master data management system for provider data.
Introductory presentation I gave at Genivi's all member meeting in Birmingham. First part is a blockchain explainer and second part introduces some use-cases.
THE METAVERSE IS POTENTIALLY AN $8 TRILLION TO $13 TRILLION OPPORTUNITY (Citibank):
We believe the Metaverse may be the next generation of the
internet — combining the physical and digital world in a persistent
and immersive manner — and not purely a Virtual Reality world.
A device-agnostic Metaverse accessible via PCs, game consoles, and
smartphones could result in a very large ecosystem. Based on our
definition, we estimate the total addressable market for the Metaverse
economy could grow to between $8 trillion and $13 trillion by 2030.
METAVERSE USE CASES:
Gaming is viewed as a key Metaverse use case for the next several years due to the immersive and multi-player
experience of the space currently. But we believe that the Metaverse will eventually help us find new enhanced ways to
do all of our current activities, including commerce, entertainment and media, education and training, manufacturing and
enterprise in general. Enterprise use cases of the Metaverse in the coming years will likely include internal collaboration,
client contact, sales and marketing, advertising, events and conferences, engineering and design, and workforce train
METAVERSE INFRASTRUCTURE BUILDING:
the current state, the internet infrastructure is unsuitable for building a fully-immersive content streaming Metaverse
environment, that enables users to go seamlessly from one experience to another. To make the vision of Metaverse a reality, we
expect significant investment in a confluence of technology. Low latency — the time it takes a data signal to travel from one point
on the internet to another point and then come back — is critical to building a more realistic user experience.
MONEY IN THE METAVERSE:
We expect the next generation of the internet, i.e., the Metaverse, would encapsulate a range of form factors of money, including
the existing/traditional forms of money and also upcoming/digitally-native forms — cryptocurrency, stablecoins, central bank
digital currencies (CBDCs) — that were out of scope in a pre-blockchain virtual world
This document is the copyright of its respective holders. It is freely available on the Internet to anyone who searches for it independently. It is provided here under the "Fair Use Doctrine of U.S. Copyright Law."
The best smart contract platforms in 2021OliviaJune1
The smart contract has become a game-changer in the industry. Contract delivery and payout have both changed dramatically as a result. Only Ethereum was once considered to be the only platform for creating smart contracts
A hardware and software platform, which turns a smartphone into a powerful payment, loyalty and identification tool:
- All-in-one,
- Simple authentication & authorization,
- P2P transfers,
- Pay by QR code,
- Pay by NFC,
- Pay by cards linked to an account,
- Mobile acquiring,
- Invoices,
- Loans,
- E-policies,
- Consolidation of loyalty programs,
- Discounts and promotions,
- Ticketing.
White Label - under Your Brand in 2-3 months!
The Covid-19 pandemic necessitated the payments industry undergo a facelift, sparked by novel approaches from new-age players, fostered by industry consolidation, and customers’ demand for end-to-end experience. Crossing the threshold, the industry is entering a new era – Payments 4.X, where payments are embedded and invisible, and an enabling function to provide frictionless customer experience. As customers make a permanent shift to next-gen payment methods, Digital IDs are critical for a seamless payment experience. The B2B payments segment is witnessing rapid digitization. BigTechs, PayTechs, and industry newcomers are ready to jump in with newfangled solutions to help underserved small to medium-sized businesses (SMBs).
As incumbents struggle with profits, new-age firms are forging ahead to take the lead in the Payments 4.X era by riding the success of non-card products and services. The new era demands collaboration, platformification, and firms can unleash full market potential only by embracing API-based business models and open ecosystems. Data prowess and enhanced payment processing capabilities are inevitable to thrive ahead. The clock is ticking for banks and traditional payments firms because the competitive advantage is not guaranteed forever. As industry players seek economies of scale, consolidations loom, and non-banks explore new territories to threaten incumbents’ market share. While all these 2022 trends are at play, central bank digital currency (CBDC) is emerging globally and might open a new chapter in the current payments landscape.
Health care: blockchain for provider data managementEY
For years, the health care industry has struggled to maintain accurate and consistent provider data as a result of physicians moving locations, joining new networks and adjusting care offerings. Learn how blockchain technology can be used to support a new kind of master data management system for provider data.
IoT Analytics Company Presentation 2022IoTAnalytics
This is the official company presentation of IoT Analytics GmbH, a leading global provider of market insights and strategic business intelligence for the IoT, AI, Cloud, Edge, and Industry 4.0.
Profit and market value is migrating away from hardware, but few product companies are prepared and executing the required digital transformation. High tech companies need to invest in digital growth strategies, reinvigorate business models and create new revenue streams. Find out how to harness disruption to grow your business.
Independent of industry, BCG Green Ventures believes in 12 concrete opportunities the world needs to get to net zero. These are the 12 levers available for any given corporate to participate in the decarbonization economy, which we are treating as a massive value creation opportunity.
Nick Meyne Enterprise Architect - Capgemini
At Global Architecture Week 2015, we covered ‘Digital Currencies and Cash’ and their relevance to Tax and Welfare Authorities, concluding with the message: “It’s not about Bitcoin, it’s about the Blockchain”. Blockchain technology has the potential to enable a new mutually trusted, transparent way of sharing and transacting. In the UK Public Sector, Sir Mark Walport’s report Distributed Ledger Technology: beyond blockchain encouraged Government to assess its early use and potential. Meanwhile in the private sector, Blockchain FinTech excitement among start-ups and venture capitalists remained strong for a technology promised to be “like a whole new internet for value exchange”. But where are the real world use cases today? What is it that makes a use case more likely to succeed? In this talk, we will share and discuss a number of Capgemini examples.
Introducing r3 corda™ a distributed ledger designed for financial servicesRazi Rais
Slides from NYC MS Cloud group event on Corda.
Tom Menner, Director and Solutions Architect at R3 covered following topics:
· Understand what Corda is and how it differs from blockchain platforms such as Ethereum and Hyperledger Fabric;
· Use cases of Corda
· Corda on Azure and R3’s partnership with Microsoft
Financial services is under profound pressure to transform: legislative catalysts, heightened customer expectations and new fintech entrants are forcing banks and credit unions to re-consider their role in the banking value chain. Leading organizations are responding by moving from traditional paradigms of branch banking, to Banking-as-a-Service, where the bank becomes a platform of capabilities that can be accessed and monetized via APIs, to both internal and external consumers alike. Attend this session to learn how Coast Capital, Canada's largest credit union, is making this vision a reality.
In 8 years time cryptoeconomy will exceed 10 trillion dollars. Cryptobanks will become a cornerstone in the relations between decentralized economy and future daily life by expanding payment infrastructure and possibilities, making new cryptocurrency payments scenarios and lowering interest rates. Crypterium is a cryptobank creating such future, today.
Crypterium is aiming on provision of comprehensive vertical integrated services, considering collaboration with other cryptocurrency solutions and teams of blockchain enthusiasts.
Mobile Cryptobank
A combination of factors such as demographic changes, evolving consumer preferences, and desire to become operationally efficient were already spurring changes in the life insurance industry. Enter 2020 – the COVID-19 pandemic is having a significant impact on the industry.
At the peak of disruption, the focus was on ensuring business continuity, but new initiatives are cropping up to tackle the challenges as the industry is adapting to the new normal.
Furthermore, COVID-19 has acted as a catalyst, pushing life insurers to prioritize their efforts on improving customer centricity, developing go-to-market agility, making processes intelligent, building business resilience, and embracing the open ecosystem.
Read our Life Insurance Top Trends 2021 report to explore the strategies insurers are adopting to manage the changing market dynamics.
Blockchain became a popular technology trend because of cryptocurrencies. But, this technology has its applications beyond the Bitcoin and other cryptocurrencies.
Stablecoin is a different type of cryptocurrency. These coins always have a stable price. As the prices of cryptocurrencies are highly volatile, stablecoin is a solution to this problem. Typically, the volatile nature of cryptocurrencies makes it impossible for companies to utilize them as an alternative to paper-based money. Thus, stablecoins can help out in that regard.
Typically, there are 4 types of stablecoin – Fiat-Backed Stablecoin, Commodity-Backed Stablecoin, Cryptocurrency-Backed Stablecoin, and Seigniorage-Style/Non-collateralized Stablecoin. All of these four types have different architecture and use cases behind them.
Even though there are many top stablecoins on the market, many tend to deal with lots of hurdles. For example, centralized nature, trust issues, regulations, and unstable nature are a few of the limitations.
If you are thinking about utilizing the power of stablecoins in your company or project, then we recommend starting with a solid blockchain course on the topic. 101 Blockchains is one of the leading educational networks where we offer the best of the best materials for your needs.
We have an array of masterclasses and courses on the topic, that you should definitely check out. Stablecoin Fundamentals Masterclass
https://academy.101blockchains.com/courses/stablecoin-masteclass
Blockchain in Finance Masterclass
https://academy.101blockchains.com/courses/blockchain-in-finance
Central Bank Digital Currency (CBDC) Masterclass
https://academy.101blockchains.com/courses/central-bank-digital-currency
Check out our certification courses from here ->
Certified Enterprise Blockchain Professional (CEBP) course
https://academy.101blockchains.com/courses/blockchain-expert-certification
Certified Enterprise Blockchain Architect (CEBA) course
https://academy.101blockchains.com/courses/certified-enterprise-blockchain-architect
Certified Blockchain Security Expert (CBSE) course
https://academy.101blockchains.com/courses/certified-blockchain-security-expert
Check out our full guides on this topic from here ->
https://101blockchains.com/stablecoins/
https://101blockchains.com/stablecoin-vs-bitcoin/
https://101blockchains.com/list-of-stablecoins/
Digital disruption and the future of the automotive industryPeter Tutty
Digital services centered on increasingly empowered consumers will bring disruption to the automotive industry.
Economic value within this industry and across adjacent markets will be forever altered. In a world where the future is far from certain, automotive companies will need to develop new core capabilities to survive.
What is going to happen next and how to respond? Download the report or explore the infographic, below.
IoT Analytics Company Presentation 2022IoTAnalytics
This is the official company presentation of IoT Analytics GmbH, a leading global provider of market insights and strategic business intelligence for the IoT, AI, Cloud, Edge, and Industry 4.0.
Profit and market value is migrating away from hardware, but few product companies are prepared and executing the required digital transformation. High tech companies need to invest in digital growth strategies, reinvigorate business models and create new revenue streams. Find out how to harness disruption to grow your business.
Independent of industry, BCG Green Ventures believes in 12 concrete opportunities the world needs to get to net zero. These are the 12 levers available for any given corporate to participate in the decarbonization economy, which we are treating as a massive value creation opportunity.
Nick Meyne Enterprise Architect - Capgemini
At Global Architecture Week 2015, we covered ‘Digital Currencies and Cash’ and their relevance to Tax and Welfare Authorities, concluding with the message: “It’s not about Bitcoin, it’s about the Blockchain”. Blockchain technology has the potential to enable a new mutually trusted, transparent way of sharing and transacting. In the UK Public Sector, Sir Mark Walport’s report Distributed Ledger Technology: beyond blockchain encouraged Government to assess its early use and potential. Meanwhile in the private sector, Blockchain FinTech excitement among start-ups and venture capitalists remained strong for a technology promised to be “like a whole new internet for value exchange”. But where are the real world use cases today? What is it that makes a use case more likely to succeed? In this talk, we will share and discuss a number of Capgemini examples.
Introducing r3 corda™ a distributed ledger designed for financial servicesRazi Rais
Slides from NYC MS Cloud group event on Corda.
Tom Menner, Director and Solutions Architect at R3 covered following topics:
· Understand what Corda is and how it differs from blockchain platforms such as Ethereum and Hyperledger Fabric;
· Use cases of Corda
· Corda on Azure and R3’s partnership with Microsoft
Financial services is under profound pressure to transform: legislative catalysts, heightened customer expectations and new fintech entrants are forcing banks and credit unions to re-consider their role in the banking value chain. Leading organizations are responding by moving from traditional paradigms of branch banking, to Banking-as-a-Service, where the bank becomes a platform of capabilities that can be accessed and monetized via APIs, to both internal and external consumers alike. Attend this session to learn how Coast Capital, Canada's largest credit union, is making this vision a reality.
In 8 years time cryptoeconomy will exceed 10 trillion dollars. Cryptobanks will become a cornerstone in the relations between decentralized economy and future daily life by expanding payment infrastructure and possibilities, making new cryptocurrency payments scenarios and lowering interest rates. Crypterium is a cryptobank creating such future, today.
Crypterium is aiming on provision of comprehensive vertical integrated services, considering collaboration with other cryptocurrency solutions and teams of blockchain enthusiasts.
Mobile Cryptobank
A combination of factors such as demographic changes, evolving consumer preferences, and desire to become operationally efficient were already spurring changes in the life insurance industry. Enter 2020 – the COVID-19 pandemic is having a significant impact on the industry.
At the peak of disruption, the focus was on ensuring business continuity, but new initiatives are cropping up to tackle the challenges as the industry is adapting to the new normal.
Furthermore, COVID-19 has acted as a catalyst, pushing life insurers to prioritize their efforts on improving customer centricity, developing go-to-market agility, making processes intelligent, building business resilience, and embracing the open ecosystem.
Read our Life Insurance Top Trends 2021 report to explore the strategies insurers are adopting to manage the changing market dynamics.
Blockchain became a popular technology trend because of cryptocurrencies. But, this technology has its applications beyond the Bitcoin and other cryptocurrencies.
Stablecoin is a different type of cryptocurrency. These coins always have a stable price. As the prices of cryptocurrencies are highly volatile, stablecoin is a solution to this problem. Typically, the volatile nature of cryptocurrencies makes it impossible for companies to utilize them as an alternative to paper-based money. Thus, stablecoins can help out in that regard.
Typically, there are 4 types of stablecoin – Fiat-Backed Stablecoin, Commodity-Backed Stablecoin, Cryptocurrency-Backed Stablecoin, and Seigniorage-Style/Non-collateralized Stablecoin. All of these four types have different architecture and use cases behind them.
Even though there are many top stablecoins on the market, many tend to deal with lots of hurdles. For example, centralized nature, trust issues, regulations, and unstable nature are a few of the limitations.
If you are thinking about utilizing the power of stablecoins in your company or project, then we recommend starting with a solid blockchain course on the topic. 101 Blockchains is one of the leading educational networks where we offer the best of the best materials for your needs.
We have an array of masterclasses and courses on the topic, that you should definitely check out. Stablecoin Fundamentals Masterclass
https://academy.101blockchains.com/courses/stablecoin-masteclass
Blockchain in Finance Masterclass
https://academy.101blockchains.com/courses/blockchain-in-finance
Central Bank Digital Currency (CBDC) Masterclass
https://academy.101blockchains.com/courses/central-bank-digital-currency
Check out our certification courses from here ->
Certified Enterprise Blockchain Professional (CEBP) course
https://academy.101blockchains.com/courses/blockchain-expert-certification
Certified Enterprise Blockchain Architect (CEBA) course
https://academy.101blockchains.com/courses/certified-enterprise-blockchain-architect
Certified Blockchain Security Expert (CBSE) course
https://academy.101blockchains.com/courses/certified-blockchain-security-expert
Check out our full guides on this topic from here ->
https://101blockchains.com/stablecoins/
https://101blockchains.com/stablecoin-vs-bitcoin/
https://101blockchains.com/list-of-stablecoins/
Digital disruption and the future of the automotive industryPeter Tutty
Digital services centered on increasingly empowered consumers will bring disruption to the automotive industry.
Economic value within this industry and across adjacent markets will be forever altered. In a world where the future is far from certain, automotive companies will need to develop new core capabilities to survive.
What is going to happen next and how to respond? Download the report or explore the infographic, below.
Digital disruption and the future of the automotive industryPeter Tutty
Digital services centered on increasingly empowered consumers will bring disruption to the automotive industry.
Economic value within this industry and across adjacent markets will be forever altered. In a world where the future is far from certain, automotive companies will need to develop new core capabilities to survive.
What is going to happen next and how to respond? Download the report or explore the infographic, below.
Today's highly competitive market automotive environment is characterized by fierce cost pressure competition, increasing customer demands, technological advancements, and supply chain complexities. Tomorrow's original equipment manufacturers (OEMs) will need to transform into highly agile and innovative mobility providers to stay relevant in the evolving automotive market.
Cars with access to the Internet, also known as connected cars, are gaining popularity in the automobile industry. Download the Special Report by Aranca here!
Connected cars a rising trend in the global automobile sectorAranca
Connected cars a rising trend in the global automobile sector.Find special reports on industries, latest innovations & technology trends, business analysis, intellectual property & patent industry & other knowledge reports created by Aranca, a global provider of outsourced research & analytics services firm & a trusted research partner for various global clients.
Get Automotive Smart - Automotive Futuresemmersons1
The automotive industry is ramping up to a period of transformation. But what does the future look like, and what do the predicted changes mean for existing players?
Disruptive Trends That Will Transform The Automotive IndustryStradablog
Technology-driven trends will revolutionize how industry players respond to changing consumer behavior, develop partnerships, and drive transformational change.
This Deloitte publication describes three major success factors that can help automotive CIOs future-proof their IT organizations to cope with current macro technology and automotive megatrends as well as the specific challenges of COVID-19.
Ey semiconductor-supplies-hitting-vehicle-salesEYIndia1
How Supply Chain challenges can be effectively managed through Digital Technology & Solutions for planning
URL:- https://assets.ey.com/content/dam/ey-sites/ey-com/en_in/news/2021/03/ey-semiconductor-supplies-hitting-vehicle-sales.pdf
1Project One Executive SummaryCole Staats.docxrobert345678
1
Project One: Executive Summary
Cole Staats
Southern New Hampshire University
BUS 225: Critical Business Skills for Success
Jennyfer Puentes
November 14, 2022
Project One: Executive SummaryProblem
With the restricted economic activity expected because of the COVID-19 outbreak, and the rise in inflation the revenue for the automobile engine and parts manufacturing industry has been adjusted to decline by 10.9% by the end of 2022 (Pantalon, 2022). Based on the current challenges the automotive industry faces, we must diversify our engine manufacturing and its operations to expand our revenue. In this presentation, I will be using qualitative and quantitative data to explain why I think our company should rapidly explore the ever-evolving and growing popularity of the electric car industry and develop electric motors. I will show the qualitative data which will focus on the industry reports of engine manufacturing inside the automotive industry. The quantitative data that I will provide will estimate the projections for future operations and provide fact-checked historical data on the automotive industry. Automotive Manufacturing Industry
After conducting extensive research into the current automotive industry status, where I focused on the performance and expectations for the industry's future, the 2021 measured revenue of the US car and automobile manufacturing was $75 billion. This is compared to previous years, such as 2020 $69 billion, and in 2019 and 2018 $92 billion (MarketLine 2021). Although we saw a rise from 2020 to 2021 in revenue the automobile manufacturing industry revenue will continue to not keep pace with previous years. As the domestic demand for new vehicles trends higher, three automotive hubs are expected to gain greater traction over the next few years. With that said the US automotive industry is heavily established in the Great Lakes region. This region represents just over 36% of the automobile manufacturers in the US. Some of the most successful automobile making are located here which include the Ford Motor Company, General Motors, and Fiat Chrysler. All these manufacturers are in Michigan which makes up 15% of all automobile manufacturing revenue in the US. With that said there are 2 more regions where automobile manufacturers operate that make up 50% of all us manufacturers' locations. The Regions are the West Region, making up 25.4% of the industry locations, and the Southeast Region, making up 24.6% of the industry locations. After conducting research, the consumer's current mindset is shifting towards a “greener” option for the automobile. This option would have a smaller carbon footprint, providing an increase in producing vehicles that are more environmentally friendly. As a result of this new stance on a “greener” option by the consumer the hybrid and the electric car are gaining popularity and are expected to multiply over the next five years (MarketLine 2018). “In 2025 the North American hybri.
Automotive Revolution Perspective Towards 2030Stradablog
McKinsey & Company’s comprehensive research into the disruptions most likely to affect the automotive space through 2030 identifies eight key trends that could trigger an industry revolution. From innovative mobility plays to new industry entrants, these trends signal a changing of the guard that could shatter current business models and ways of doing things.
Interview: What is the main security and privacy risks associated with the ad...Ersin KARA
worldautomotiveconference.co.uk
"The methods of artificial intelligence and augmented reality have always been the substance of rumination and speculation since very recently, where they’ve started to take very a central role in our lives.
Intelligent technologies today are computer-aided systems that completely control all industrial pipelines. They can operate autonomously and on this account all processes can be managed independently.
Today’s logistics do not resemble one-way storage of goods seen up to a few years ago. This is due to new web technologies that allow an entirely new level of interaction within the moving parts of a given logistics eco-system. As these technologies continue developing at a rapid pace, several partially and fully automated logistic frameworks are already readying for deployment."
"When we compare Industry 4.0 advantages and classic ERP programs advantages We see below points ;
- Space-efficient storage. This will save in warehouse areas and volumes. Ex. Kardex Remstar applications, vertical storage solutions
- ERP’s are integrated warehouse management software.
So the error will be absolutely minimal. Prevention of losses due to lack of communication in monolithic systems that have one point of failure.
- Automatic and controlled product circulation. This will allow for increased work safety and fewer work accidents. This will naturally result in risk reduction resulting from controllability, especially in hazardous material logistics.
- Line feed, standby modules. So perfect stock management, “0” inventory loss.
- Automatic finished product warehouses. This will allow for unmanned warehouses, fast vehicle loading and unloading systems that can work 24 hours a day, 365 days a year. Cellular transfer storage systems.
For distribution centers and warehouse management systems that implement Industry 4.0 technologies, data needs to be collected, analyzed, acted on, and secured in order to partake in the data driven decision-making Industry 4.0 advertises."
Virtual Digital Surrogates & Blockchain: The Path Ahead for the IoT in the Sh...Cognizant
As concepts such as digital twins and machine-to-blockchain-powered smart contracts emerge for IoT-based businesses across the industrial world, they open the possibility for new borderless and ownerless ecosystems that will be driven by seamless collaboration and operational outcomes.
Similar to Blockchain Adoption in the Automotive Industry (20)
Seamless onboarding and catalog support for a B2B marketplaceNetscribes
In the competitive B2B world, attracting & engaging the right sellers can be a challenge.
Discover how a Dubai-based marketplace onboarded Indian sellers with robust catalog support in our case study. https://www.netscribes.com/case-studies/onboarding-and-catalog-support/?utm_campaign=SlidesharePDF&utm_medium=pdf&utm_source=Slideshare
AI-driven healthcare: Unlocking the future of medical innovationNetscribes
Artificial Intelligence is transforming healthcare in unprecedented ways, from precision medicine to more efficient service delivery. Discover the potential of AI and how your healthcare business can drive effective growth moves: https://www.netscribes.com/insights/ai-driven-healthcare-unlocking-the-future-of-medical-innovation/
COVID-19 impact: Emerging trends in digital health - NetscribesNetscribes
Explore the emerging digital health trends spurred on by COVID-19 that will impact healthcare innovation and investment in the future.
https://www.netscribes.com/covid-19-impact-emerging-trends-in-digital-health/
5G-Enabled Personal Computers Competitive Intelligence Report Netscribes
A deep dive competitive analysis of the top manufacturers of 5G-enabled PCs and how they stack up
To purchase the full report, write to us at info@netscribes.com
https://www.netscribes.com/subscriptions/5g/5g-enabled-personal-computers-competitive-intelligence-report/
Event-Based Vision Systems – Technology and R&D Trends Analysis ReportNetscribes
Latest AI-driven advancements in computer vision focus on emulating the characteristics of the
human eye in a vision sensor system. Also known as a neuromorphic or event-based vision system,
or dynamic vision sensor (DVS) camera, the system can potentially transform the computer vision
landscape by ensuring reduced latency and lower power consumption for upcoming solutions. Its
potential application areas include autonomous vehicles (for lower latency, HDR object detection,
and low memory storage needs), robotics, IoT (for low power, always on devices), augmented
reality/virtual reality (AR/VR) (low power and low-latency tracking), and other industrial automation
use cases.
This report focuses on assessing the challenges involved in the adoption of event-based vision
systems, and the solutions and approaches that the active participants are developing for
introducing innovative products. The report combines a comprehensive analysis of patent filings,
companies active in the space, and R&D activities from universities and research labs across the
world, delivering key insights into the maturity and evolution of the technology.
To purchase the full report or for custom research on even-based vision systems, contact
info@netscribes.com.
https://www.netscribes.com/subscriptions/artificial-intelligence/event-based-vision-systems-technology-and-rd-trend-analysis/
Edge computing is redefining the cloud computing space. The growing de-emphasis on the cloud’s role in connected environments is expected to lead to smarter and faster autonomous solutions that have the potential to reshape the IoT landscape. Edge computing will transform the IoT landscape into a hyperconnected environment where the restrictions related to latency and computation capacity will be eliminated. Many companies are transforming their business models to attain edge computing capabilities necessary for offering end to end services.
The recent years have witnessed a number of mergers and acquisitions in the edge computing space for IoT services, with the increase in M&A activities representing the industry’s conundrum of cloud, edge, and hybrid architectures, and the race to achieve a considerable market share.
This report includes an analysis of approximately 60 deals, along with a detailed technology overview and the purpose of the acquisitions. The M&A analysis section offers a comprehensive view of the transactions around edge computing, covering different technology aspects including data center, AI, security, software-defined WAN (SD-WAN), analytics, interoperability, multi-access edge computing (MEC), and others.
To purchase the full report, write to us at info@netscribes.com
Artificial Intelligence In The Automotive Industry - M&A Trend AnalysisNetscribes
Artificial Intelligence (AI) is redefining the automotive industry. Organizations in the automotive industry are realizing the need to leverage advanced algorithms and computational structures, innovative testing and validation platforms, integrated cockpit solutions, and 5G network adoption and application deployment for building their next generation mobility services. As a result, mergers and acquisitions focused on acquiring AI capabilities is on the rise in auto sector.
The report provides a detailed analysis of more than 60 AI-focused deals in the auto sector over the last 10 years. Understand the specific AI technologies and capabilities that are high in demand, deal sizes, and the strategies driving those partnerships.
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Reinforcement learning is the next revolution in artificial intelligence (AI). As a feedback-driven and agent-based learning technology stack that is suitable for dynamic environments, reinforcement learning methodologies leverage self-learning capabilities and multi-agent potential to address issues that are unaddressed by other AI techniques. In contrast, other machine learning, AI techniques like supervised learning and unsupervised learning are limited to handling one task at a given time.
With the advent of Artificial General Intelligence (AGI), reinforcement learning becomes important in addressing other challenges like multi-tasking of intelligent applications across different ecosystems. The technology appears set to drive the adoption of AGI technologies, with companies futureproofing their AGI roadmaps by leveraging reinforcement learning techniques.
This report provides an analysis of the startups focused on reinforcement learning techniques across industries. To purchase the complete report visit https://www.researchonglobalmarkets.com/reinforcement-learning-startup-ecosystem-analysis.html.
Netscribes offers customizations to this report depending on your specific needs. To request a customized report, contact info@netscribes.com.
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Blockchain in Healthcare – Industry Adoption Analysis Netscribes
In the face of rising medical costs, data breaches, claims-related frauds, and counterfeit drugs, a number of organizations are betting on blockchain to bring greater transparency and cost-effectiveness to the healthcare industry. Blockchain startups, technology leaders as well as healthcare solution providers have joined forces to address age-old challenges and are creating new business models in the process. While governmental stance on the use of blockchain-enabled healthcare solutions is largely unclear in most countries, policies on health insurance, medicaid expansion, health information exchange (HIE), among others, have been favorable in this direction.
At present, a majority of market players are focused on developing blockchain solutions in segments like medical and health records, supply chain management, clinical trials, and billing and claims management. As tech companies continue to innovate healthcare-specific blockchain solutions, the industry is expected to witness significant development of decentralized patient records as a platform (dApp), which will offer ease of access and universal identities to patients.
This report takes a closer look at the uses cases, startups, pilot projects, and innovation trends to understand where the industry lies in the blockchain adoption life cycle and what changes to expect by 2028-30.
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Artificial Intelligence in Telecom – Industry Adoption AnalysisNetscribes
The telecom industry is at the forefront of Artificial intelligence (AI) innovation and adoption. AI offers tremendous opportunities for operators to overcome network management and optimization complexities, traditional hardware dependencies, and to reduce costs. By automating decisions around resource allocation, virtualization, traffic management, and network maintenance, AI can enable more intelligent network planning. In addition, AI will be instrumental in helping operators capitalize on 5G through better planning and network capacity utilization. Given the exploding demand for speedier and more efficient data connectivity, there’s no question that success in the telecom industry will belong to companies that best utilize the power of AI.
This report evaluates the state of AI adoption in the telecom industry, while revealing the companies that are leading the charge. By buying this report, you’ll obtain keen insights into the applications of AI in telecom, investment opportunities, market gaps, and emerging expectations from telecom companies and AI-based solution providers.
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The semiconductor industry is constantly confronted by design and device-integration challenges, since IoT applications and consumers demand small, portable, and multi-functional electronics. With hardware designing constantly evolving, a new class of designers is stepping up to take on these challenges, using various silicon implementations. The advantages of system-on-a-chip (SoC) over other silicon implementations make it the most suitable solution for intelligent edge computing in IoT applications.
The rise of IoT products and platforms has led to a number of challenges that need to be addressed to explore the full potential of IoT systems and their related emerging applications. This report includes a comprehensive analysis of the SoC-IoT space, highlighting the major trends and opportunities across the ecosystem.
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Satellite Communication for IoT Networks – Emerging TrendsNetscribes
The satellite IoT industry is undergoing a transformation with the emergence of NewSpace and the rising demand for global IoT connectivity. Exploration of innovative satellite solutions, adoption of robust and dynamic business models, and a growing shift in investments and research from public to private organizations are fast emerging as the key trends in the satellite IoT ecosystem.
Demand of IoT end-device connectivity is driving the need for innovative communication techniques. In addition to the terrestrial infrastructure, satellite communication appears set to play a key role in supporting IoT applications in diverse areas, including mining locations, deep sea, and remote sites where cellular connectivity is unavailable.
This report includes an overview of the emerging trends in satellite communication for IoT applications, highlighting the interest around the exploration of new orbits, development of nanosatellites, and impact of blockchain, AI and 5G for a connected satellite environment.
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Global IoT Managed Services – Competitive IntelligenceNetscribes
The rising proliferation of connected devices has unleashed a new breed managed service providers (MSPs) that handle the end-to-end deployment of IoT solutions. Full-service IoT MSPs act as a one-stop-shop to meet the technology integration, connectivity, regulatory, and infrastructural needs of large-scale IoT implementations. Typical features of global IoT MSPs include pre-integrated IoT infrastructure, sales enablement plans, regulatory approvals, flexible pricing models, global core as a service, among others. The key factor differentiating global IoT managed service providers from other IoT platforms is their ability to provide a complete portfolio of networks and technologies for global coverage via a SPOC approach.
This report provides a detailed comparison of 11 global IoT MSPs and a look into other business models that exist in the IoT connectivity management market.
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Blockchain Investment And M&A Trend AnalysisNetscribes
After powering the meteoric rise of the cryptocurrencies, blockchain is set to drive disruption across industries globally. There has been a significant growth in the adoption of blockchain in digital enterprises and digital-intensive organizations. By offering disruptive solutions, startups have begun to lead the integration of blockchain into real business applications.
This report focuses on an M&A and investment analysis of blockchain startups to understand blockchain adoption across various industries.
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Blockchain in Agri-Food – Industry Adoption AnalysisNetscribes
With the ability to track every movement of food – from the farm to the customer’s basket – blockchain has the power to address numerous challenges plaguing the agri-food industry such as waste management, food fraud, and the lack of price transparency. So it stands to reason that tech firms, both startups and behemoths, are working towards transforming this age-old industry with innovative blockchain-enabled solutions and business models. With a steady stream of projects being undertaken across food farming, processing, transportation and distribution, this report looks under the hood to find answers to key questions, such as:
• What does the value chain of blockchain enabled solutions supporting the agri-food industry consist?
• How do major blockchain companies fit in the value chain and how they collaborate with each other to meet various blockchain-enabled solutions in agri-food?
• What is the state of blockchain adoption across global regions and various sectors in the industry?
• What has been the outcome of real-world blockchain implementations, including pilot projects?
• How does the startup landscape look like?
• What does the future of blockchain in the agri-food industry look like?
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Neuromorphic Chipsets - Industry Adoption AnalysisNetscribes
The concept of emulating neurons on a chip could enhance complex operations to make business decisions secure and cost-effective. Parallel connected neurons can boost AI verticals compared with the conventional processing systems. Non-stop learning and pattern recognition using this human brain architecture can help compute signals and data in the form of visual, speech, olfactory, etc., to perform real-time operations as well as predict outcomes based on detected patterns. Neuromorphic chipsets can also enhance performance owing to their low-power consumption to process AI algorithms.
Based on patent data, this report analyzes the ongoing R&D and investments in neuromorphic chipsets by major institutions across the globe to reveal the top innovators and technology leaders in this space.
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Digital wallet service in india - NetscribesNetscribes
A digital wallet is a virtual web and mobile-based wallet where one can store cash for making mobile, online or offline payments
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Symptoms like intermittent starting and key recognition errors signal potential problems with your Mercedes’ EIS. Use diagnostic steps like error code checks and spare key tests. Professional diagnosis and solutions like EIS replacement ensure safe driving. Consult a qualified technician for accurate diagnosis and repair.
𝘼𝙣𝙩𝙞𝙦𝙪𝙚 𝙋𝙡𝙖𝙨𝙩𝙞𝙘 𝙏𝙧𝙖𝙙𝙚𝙧𝙨 𝙞𝙨 𝙫𝙚𝙧𝙮 𝙛𝙖𝙢𝙤𝙪𝙨 𝙛𝙤𝙧 𝙢𝙖𝙣𝙪𝙛𝙖𝙘𝙩𝙪𝙧𝙞𝙣𝙜 𝙩𝙝𝙚𝙞𝙧 𝙥𝙧𝙤𝙙𝙪𝙘𝙩𝙨. 𝙒𝙚 𝙝𝙖𝙫𝙚 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙥𝙡𝙖𝙨𝙩𝙞𝙘 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙪𝙨𝙚𝙙 𝙞𝙣 𝙖𝙪𝙩𝙤𝙢𝙤𝙩𝙞𝙫𝙚 𝙖𝙣𝙙 𝙖𝙪𝙩𝙤 𝙥𝙖𝙧𝙩𝙨 𝙖𝙣𝙙 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙛𝙖𝙢𝙤𝙪𝙨 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙗𝙪𝙮 𝙩𝙝𝙚 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙛𝙧𝙤𝙢 𝙪𝙨.
Over the 10 years, we have gained a strong foothold in the market due to our range's high quality, competitive prices, and time-lined delivery schedules.
In this presentation, we have discussed a very important feature of BMW X5 cars… the Comfort Access. Things that can significantly limit its functionality. And things that you can try to restore the functionality of such a convenient feature of your vehicle.
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Experiencing difficulty opening your BMW X3's hood? This guide explores potential issues like mechanical obstruction, hood release mechanism failure, electrical problems, and emergency release malfunctions. Troubleshooting tips include basic checks, clearing obstructions, applying pressure, and using the emergency release.
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5 Warning Signs Your BMW's Intelligent Battery Sensor Needs AttentionBertini's German Motors
IBS monitors and manages your BMW’s battery performance. If it malfunctions, you will have to deal with an array of electrical issues in your vehicle. Recognize warning signs like dimming headlights, frequent battery replacements, and electrical malfunctions to address potential IBS issues promptly.
Comprehensive program for Agricultural Finance, the Automotive Sector, and Empowerment . We will define the full scope and provide a detailed two-week plan for identifying strategic partners in each area within Limpopo, including target areas.:
1. Agricultural : Supporting Primary and Secondary Agriculture
• Scope: Provide support solutions to enhance agricultural productivity and sustainability.
• Target Areas: Polokwane, Tzaneen, Thohoyandou, Makhado, and Giyani.
2. Automotive Sector: Partnerships with Mechanics and Panel Beater Shops
• Scope: Develop collaborations with automotive service providers to improve service quality and business operations.
• Target Areas: Polokwane, Lephalale, Mokopane, Phalaborwa, and Bela-Bela.
3. Empowerment : Focusing on Women Empowerment
• Scope: Provide business support support and training to women-owned businesses, promoting economic inclusion.
• Target Areas: Polokwane, Thohoyandou, Musina, Burgersfort, and Louis Trichardt.
We will also prioritize Industrial Economic Zone areas and their priorities.
Sign up on https://profilesmes.online/welcome/
To be eligible:
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3. Sectors : Agriculture ( primary and secondary) and Automative
Women and Youth are encouraged to apply even if you don't fall in those sectors.
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What Does the PARKTRONIC Inoperative, See Owner's Manual Message Mean for You...Autohaus Service and Sales
Learn what "PARKTRONIC Inoperative, See Owner's Manual" means for your Mercedes-Benz. This message indicates a malfunction in the parking assistance system, potentially due to sensor issues or electrical faults. Prompt attention is crucial to ensure safety and functionality. Follow steps outlined for diagnosis and repair in the owner's manual.
"Trans Failsafe Prog" on your BMW X5 indicates potential transmission issues requiring immediate action. This safety feature activates in response to abnormalities like low fluid levels, leaks, faulty sensors, electrical or mechanical failures, and overheating.
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Upgrading the brakes of your car? Keep these things in mind before doing so. Additionally, start using an OBD 2 GPS tracker so that you never miss a vehicle maintenance appointment. On top of this, a car GPS tracker will also let you master good driving habits that will let you increase the operational life of your car’s brakes.
2. Industry Overview 6
Global Automotive Industry 7
Key Trends that are Shaping the
Global Automotive Sector 8
Executive Summary 4
Mobility Services 18
Supply Chain Services 23
Electric Vehicle Charging 28
Vehicle Autonomy 34
Data Monetization and History Data 36
Insurance 43
Marketplace 49
Loyalty 53
Other Solutions 55
Blockchain Technology Solutions 17
Raw Material Suppliers 12
Component Suppliers 13
Car Manufacturers/OEMs 14
Utility Providers/Energy Companies 14
Service Centers and Chains 15
Dealers and Distributors 16
Key Value Chain Stakeholders &
Participant 11
BLOCKCHAIN: Adoption in Automotive Industry
3. Blockchain Setup 58
Consortium-linked Approach 59
Startups 61
Automotive Companies 62
Others: Technology Player: IBM 64
State of Blockchain Adoption in the
Automotive Industry 66
Immediate Opportunities 67
Long Term Opportunities 72
Financial Backing 75
Conclusion 77
References 78
BLOCKCHAIN: Adoption in Automotive Industry
4. 4
Globally, automobile manufacturers are looking to leverage blockchain as one of the key
enablers for the realization of the potential of autonomous vehicles. Legacy auto majors
have started shifting their focus towards adopting this emerging technology to remain
competitive in their markets. The adoption of blockchain technology is further gaining in
momentum as an innovative solution for other industry stakeholders including dealers and
distributors, parts manufacturers, and car owners.
A majority of blockchain-enabled automotive industry pilot projects target untapped
markets and focus on ………………………………………. In the near future, the industry will
witness a significant increase in blockchain-based innovative service offerings including
mobility services,………………………………………………………….as the majority of blockchain
services providers have already commercialized these services.
Going forward, global startups have either already entered or plan to enter the
blockchain-enabled automotive industry through pilot projects to offer disruptive
solutions for all stakeholders, while also building a strong ecosystem simultaneously. For
instance, blockchain-based innovative services including………………….., which are complex
and require more advanced infrastructure, constitute the long-term focus of several
blockchain service providers.
Blockchain Adoption in the Automotive Sector
With USD 3 trillion in revenues and a 15 million
strong workforce, the global auto industry is a critical
component of socio-economic development. The
industry is in the midst of a digital transformation for
effectively addressing growing regulatory norms and
safety standards. Further, auto companies must
adopt to a set of disruptive trends including the rise
of connected vehicles, introduction of autonomous
driving technologies, growth of mobility as a service,
and the spread of electric vehicles.
The industry is set for a marked technological
transformation and is witnessing a significant
increase in the adoption of innovative technologies
such as IoT (Internet of Things), AI (Artificial
Intelligence), ML (Machine Learning), and blockchain
(BC).
BLOCKCHAIN: Adoption in Automotive Industry
Executive
Summary
6. 6
With over USD 3 trillion in annual revenue, the automotive industry is one of the largest
industries globally Second only to the energy and utility industries, the automotive
industry includes a wide range of stakeholders – from design, to development and
manufacturing, to the marketing and sales of these vehicles.
Currently, the automotive industry accounts for around 100 million cars (annually), vans,
buses, and trucks, and employs over 15 million people globally. Europe, Japan, South
Korea, and the US have emerged as the key manufacturing hubs for this highly
competitive industry (Figure 1).
BLOCKCHAIN: Adoption in Automotive Industry
Global Automotive Industry
Top Exporter of Automotive Products
(World - USD XX)
Figure 1: Top Exporter of Automotive Products
7. 7
Key Trends - Shaping the Global Automotive Sector
Traditionally, the automotive industry is considered as being stable. It is characterized by
high costs of investment, labour intensive processes, and an overall low ROI. However,
over the last couple of years, the industry has been increasingly facing disruptive threats
including the rise of connected vehicles, introduction of autonomous driving technology,
the concept of mobility as a service, and the spread of electric vehicles. These threats
have been increasing additional margin pressure on legacy vehicle manufacturers.
Additionally, the industry is witnessing an inflow of new entrants with the adoption of
new age technologies, which have started becoming an integral part of the automotive
value chain by assimilating auxiliary industries.
Recently, the automotive industry has been driven towards innovation with respect to
addressing issues ranging from margin pressures to even evolving safety and emission
norms. The industry has been witnessing huge investment inflow in R&D to support the
cost reduction measures of auto OEM’s. While there has been a considerable increase in
the number of industry stakeholders focusing on this rising demand for innovative
solutions. In summary, the industry as a whole is heading towards technological
transformation and as a result had been witnessing a significant increase in adoption of
innovative technologies such as IoT, AI, ML, and blockchain to remain more competitive.
Regulatory Pressures Driving Focus on Alternative
Technologies
Over the past couple of years, the automotive industry has been facing increased
pressure of regulatory norms and safety standards, which is expected to increase cost
and complexities for the companies in the sector. Globally, the CO2 emission norms look
likely to tighten. Most markets such as Europe and the USA have already redefined their
CO2 emissions norms and other major automobile markets are expected to follow suit.
Regional regulatory bodies have also started to increase safety norms. These
developments are shifting the auto OEM’s focus towards developing alternative
technologies for lower-emission vehicles. The growing number of new entrants has also
resulted in a serious threat for legacy auto manufacturers. These pressures are expected
to push OEMs to invest more in alternative technologies to meet future emissions targets
in the backdrop of more recent scandals and creating space for blockchain and related
platforms or solutions.
BLOCKCHAIN: Adoption in Automotive Industry
8
8. 8
Changing Role of the Legacy Industry Stakeholders
The entry of innovative and high-tech companies into the automotive space has changed
the business dynamics for the legacy auto manufacturers and suppliers. Despite spending
millions in R&D investments (Figure 3), the primary industry stakeholders are yet to
feature among the 10 most innovative enterprises, however, new entrants like XX have
de-facto featured in the top 10 innovative companies in the world at present. The
transition ushered in through the dramatic shift in the digital space has shaken the
elementary structure and the attitudes of the primary stakeholders shifting their focus to
offer customer-oriented innovations and treading away from a purely optimized
assembly-line outlook. The R&D investments of the primary stakeholders are now
concentrated on electric vehicles that is the future turf where they expect to face-off
against competition. Additionally, this transformation has also drastically changed the role
of primary industry stakeholders, for instance, legacy auto manufacturers have started
focusing on flexible production models, end-user driven innovations, unprecedented
collaborations with technology companies, overhaul of the drive system, etc.
Volkswagen AG Toyota General Motors Ford Motor Daimler AG
R&D Expenses of Top Automotive Industry Players
(USD Bn)
2014 2,015 2016 2017 2,018
BLOCKCHAIN: Adoption in Automotive Industry
Figure 3: R&D Expenses of Top Automotive Industry Players
10. 10
Car Manufacturers/OEMs
At automotive plants, automated production audits that help reduce overhead costs and
leverage smart contract features of blockchain solutions are gaining popularity. This is
evident from the collaborative efforts undertaken by XX, in partnership with XX, for the
development of a supply chain blockchain solution that sits on top of the existing XX in
XX.
Utility Providers/Energy Companies
With the rise of electric vehicles (EV), automotive companies and utility providers have
been working more closely than ever before. The search for cleaner sources of fuel that
could be traced to originate from green sources of hydroelectric, wind or solar instead of
coal or fossil fuels is another reason behind this emerging trend.
A subsidiary of the XX energy company XX, XX, through its e-mobility startup venture XX,
has launched a chain of blockchain-powered EV charging stations in XX. Their app is a
marquee e-mobility community platform that lets users access charging stations set up by
the company as well as existing charging points by making digital payments in XX.
We can expect the emergence of battery charging (or recharging) and the need for smart
grid and smart city infrastructure to enhance the opportunities for digital economies. The
emergence of these economies would further increase the penetration of technologies
such as blockchain on the back of explosive growth in the spaces of identity creation,
digital payments and the IoT ecosystem.
The utility providers facilitating charging of EVs will also leverage XX and smart blockchain
XX extensively, besides enabling XX platforms for valid XX energy transactions, and
unifying XX solutions and blockchain transactions for helping tackle the challenges of
energy XX and XX.
BLOCKCHAIN: Adoption in Automotive Industry
Stakeholders & Participants
With smart manufacturing being the new norm, the ability to control inbound plant
logistics increases efficiency and transparency in automobile manufacturing operations.
The combination of permissioned blockchain solutions that provide access to XX, along
with product quantity, status, and other information, helps ensure enhanced coordination
with participants of the inbound chain and ensure timely delivery of parts. Such
blockchain solutions also enable XX to schedule production and achieve a streamlined
flow of goods. At the part or component suppliers’ end, the introduction of BC-backed
solutions leads to improved inventory optimization, accurate order mapping and
matching, and optimal XX outcomes.2
12. 12
The authenticity of the product is a major concern for consumers and supply chain
participants alike. Consumers want to know how their product was handled throughout
its lifecycle, and brands want to prove the authenticity of their data. With blockchain,
which provides a distributed ledger that adds information based on a majority consensus
mechanism, the authenticity of the data is assured. As the data is immutable and time
stamped, it provides an added layer of security. Hence, solutions leveraging blockchain
technology find wide application in supply chain services across industries.
BLOCKCHAIN: Adoption in Automotive Industry
Supply Chain Services
Solutions
Cables Airbags
Filters
Radiators
Break PadsMaster Cylinders
Alloy Rims
Tail Lights
Common Counterfeit Spare Parts
In the automotive industry, this includes track and trace to locate the source of each part
of a car. This tackles supply chain visibility, addresses counterfeit parts and product recalls
(vehicle or parts). Sofocle is leveraging Blockchain for track and trace solutions.14
The larger picture is USD XX and USD XX is lost by the legitimate automotive parts
industry to counterfeit tyre sales and battery sales respectively, i.e., XX% and XX% of the
corresponding sales of these sectors.15 Figure 6 highlights the most commonly
counterfeited automotive spare parts.16
Figure 6: Common Counterfeit Spare Parts
13. 13
Startup Ecosystem
This section of the report summarizes the startup ecosystem as well the top industry
players currently leveraging BC solutions is provided in Table 3.
No. of
Startups
Funding Range
(Million USD)
Notable traction Events -
Industry Leaders
Stakeholders
XX XX-XX XX is involved in the XX
consortium as well has etched
partnerships across its partners
to influence the entire
automotive supply chain
including XX to XX.22 23 24
XX partnering with XX as a part
of digitalizing the automotive
supply chain and connecting XX
to build XX and quickly.
XX has developed its own in-
house blockchain based
solution to introduce XX in their
XX as well as their supply
chain.25
XX losing revenue and
reputation
Logistics/transporter
facing fraud, theft or even
geographic or logistical
challenges
Car manufacturer
suffering fraud and safety
issues due to
counterfeiting
Suppliers losing out
business to counterfeiters
and unauthorized agents
BLOCKCHAIN: Adoption in Automotive Industry
XX has partnered with blockchain provider XX, which provides data regarding the source
of XX, a raw material used in its batteries17. XX has always been associated with XX18, with
rising battery requirements (for mobile phones and electric vehicles), the need for
providing sourcing data regarding ethical mining of cobalt has become paramount.
Blockchain therefore helps unleash the potential of technology in automotive supply
chains, generating efficiencies, creating new business models, and building trust
ecosystems.19
Solutions
Table 3: Startup Ecosystem
14. 14
Notable Startups Profiling
A brief profiling of the most prominent startups, their product and service offerings,
business and revenue models with a stakeholder overview is provided in Table 4.
Startups Comments – Case Studies
Stakeholders - Overview
& Segmentation
SyncFab
XX
XX
XX
XX
XX
All the firms are focused on providing
traceability solutions for the automotive
value chain. Syncfab provides a marketplace
with transparent order tracking based on
the Ethereum Blockchain.
XX solution, used by XX, involves
provenance tracking of XX sourcing. XX has
also developed a blockchain protocol for XX.
It has partnered with XX to track their lead
supply chain.
XX product, XX, is a XX that is blockchain
agnostic to combine business workflow and
blockchain core functions. It is compatible
with XX.
XX has provided a blockchain based solution
for XX, that allow them to ensure global
sourcing and contracting practices.
Miners, Mineral sourcing
suppliers
Processors
Suppliers
Compliance Monitoring
Agencies
OEMs
Automobile
Manufacturers
Case Study: XX
XX provides a private and permissioned platform to XX provenance of XX used in the
downstream industries. The solution uses XX since it is an enterprise grade software. XX
has developed an application that can be used across mobiles and desktops – the mobile
app is for scanning and downloading documents, while the desktop version provides
supply chain visibility.
BLOCKCHAIN: Adoption in Automotive Industry
Solutions
Table 4: Industry Stakeholder Overview
15. 15
BLOCKCHAIN: Adoption in Automotive Industry
Business or Revenue Model
The solutions are provided by startups in this application are in a service (SaaS) based
format, wherein a steady transaction charge for each blockchain transaction generates
revenues for these startups. However, the stand-alone and enterprise specific
requirements in the sourcing or supply chain applications in the automotive domain have
led to business model such as that of XX that provide design and deployment services.
Provided in Figure 7 is an overview of the XX and a step-wise highlight of the business and
the revenue model.
Solutions
XX
A facial recognition system
called XX checks XX
XX tags check origin and refining
standards
XX
XX
XX
XX
Scan and Track components
facilitated by XX
XX
XX
Certification
XX
Track
S
O
L
U
T
I
O
N
Key Participants:
Car Manufacturers, Supply
chain participants such as
metal processors,
component
manufacturers, miners
The Solution:
The BC-enabled solution
provides a way to XX the
location, XX, duration and
operating conditions of a
metal processing.
Benefits:
XX
XX
XX
XX
Figure 7: The XX System
16. 16
Provided in Figure 8 is the business model most widely being adopted while integrating or
introducing Blockchain for the supply chain services segment of the automotive industry.
BLOCKCHAIN: Adoption in Automotive Industry
Solutions
Use Cases
▪ Track origin of raw Material
▪ Trace material across its
lifecycle
▪ Ethical Sourcing
▪ XX
▪ XX
▪ XX
BC Fabric providers
(BC-FP) – Ethereum, XX,
XX, XX, XX, XX, XX, XX, XX,
XX,XX
XX
XX, XX, XX, XX, XX, XX, XX,
XX
Stakeholders (FBS)
Car manufacturers, XX, XX
XX
How is BC being Accepted in the industry
Supply Chain Services
Key Takeaways
▪ XX is the most popular BC
fabric for this Service as it is
Enterprise Grade
▪ The segment is equally
dominated by XX and XX
solutions
▪ Most adopted business
model:
+
+
Figure 8: Blockchain adoption in Supply Chain Services
18. 18
As the automotive industry braces for falling revenues correlated to the dip in sales due to
slowing car ownership rate among millennials and the growing importance of the ride
sharing market, blockchain is poised to bolster automotive transformation. As a result, the
adoption of blockchain technology in the automotive industry is gaining momentum and
seeing a healthy growth in investments in the startup space.
In the blockchain-enabled automotive space, it is startups that are driving this highly
sought-after transformation by offering XX services to customers that have opened up XX,
XX, and XX. Each of these startups offer a wide variety of specific blockchain-enabled
services such as XX, XX, XX, XX, and XX, etc. Most startups are focusing on car data
management at some level as it offers the most promising future opportunities with
potential as it would integrate a number of cutting-edge technologies such as AI, Big Data
along with Blockchain among other disruptive technologies. According to a XX report, the
market for car-generated data is estimated to reach USD XX by 2030. At present, to
position themselves as ready to monetize
Startups
BLOCKCHAIN: Adoption in Automotive Industry
Figure 19: The MOBI Initiative
XX
XX
XX
XX
Vehicle identity
Supply chain tracking, transparency, and
efficiency
Autonomous machine and
vehicle payments
Secure mobile commerce
Data markets for autonomous
and human driving
Car sharing and ride hailing
Usage-based mobility pricing, and payment
for different industry stakeholders
19. 19
Going forward, startups are expected to play a vital role in helping the struggling
automotive industry and become an integral part of future automotive value chain and
therefore are critical cogs of the automotive industry value chain at this point.
Additionally, startup’s innovative services are likely to interconnect different industry
stakeholders to provide seamless customer services and future-proof stakeholders
businesses and revenues.
Over the years, numerous legacy auto manufacturers have been actively taking steps
towards implementing Connected, Autonomous, Shared, Electric (CASE) strategy by
focusing on using blockchain technology for offering seamless experiences to their
customers. Additionally, the legacy auto manufacturers have not shied away from
investing billions in the expansion of their electric feet through an interconnected network
of battery producers, auto suppliers, and customers. Furthermore, a few manufacturers
are focusing on supply chain management to improve transparency and sustainability into
their value chain.
Automotive Companies
BLOCKCHAIN: Adoption in Automotive Industry
these early opportunities, startups have started building the required capabilities and
partnerships.
20. 20
For automotive companies, another application area for blockchain solutions is in the XX,
XX, and XX. Furthermore, as a part of their CASE strategy, most automotive players are
choosing startups over XX to implement blockchain technologies which helps them to be
nimble, bring about speedy execution and enter the market rapidly and pip competition.
Also, in the long run, the legacy auto manufacturers are expected to heavily monetize
opportunities created by interconnecting vehicles.
Provided in Table 17 are the focus areas, services offered and execution strategy or case
example of the legacy auto currently focusing on blockchain technologies:
Automobile
Manufacturer
Focus Area Blockchain-enabled Service
Bosch
XX
Streamline XX process for drivers to find
a station, XX,
XX…………………………………………
Ford Motor
Company
Ensure XX
XX XX retrieval methods between XX and XX
Hyundai Smartphone-XX vehicle pairing
Toyota
Enable homes, businesses and XX
connected to the XX
Volkswagen
XX
XX
XX XX
Hyundai XX
General Motors –
Financial Arm
XX XX
Jaguar Land Rover XX XX
BLOCKCHAIN: Adoption in Automotive Industry
Table 17: OEMs Focusing on Blockchain Technologies
25. 25
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BLOCKCHAIN: Adoption in Automotive Industry
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26. 26
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BLOCKCHAIN: Adoption in Automotive Industry
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27. 27
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BLOCKCHAIN: Adoption in Automotive Industry
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