ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Tuesday Dec 11th 2018
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Contact Us

GM Seeks To Patent Blockchain Solutions For Self-Driving Cars

By

Nicholas

Ruggieri

WriterETHNews.com

The patent would allow for connectivity between autonomous vehicles, the world around them, and the various charges they may incur while out on the road.

Can a self-driving car operating on a blockchain honk at you, or does it need to enter into an EDCC (aka smart contract) before initiating that kind of action?

All cheekiness aside, the Patent and Trademark Office recently published US car manufacturer General Motors' (GM) filed patent application, which details the process by which self-driving cars would be able to manage and store data on a distributed ledger.

The patent application notes that a blockchain "enabl[es] a distributed consensus of trust where all transactions can be verified in the future by participants of the blockchain exchange without compromising privacy," making it a suitable system for autonomous vehicles that require "high degrees of integrity of the temporal event data for vehicle operations."

The application outlines a distributed ledger system that would store data generated by autonomous vehicles and make that data accessible only to the users of the blockchain. Highlighting the technology's use in navigation, it explains: "It is desirable to provide locations information and densities of vehicles in regions in an online blockchain ledger for interoperable information sharing between vehicles of participants for use in navigating routes."

Beyond route navigation, the patent proposes several types of information that can be shared via a blockchain system, including the availability of charging or refueling stations. The system can also connect municipalities, regional authorities, and public facilities to determine the "validity of permits and licenses to operate as hacks, taxis, or other for-hire services."

Furthermore, sharing data between the different independent platforms would allow for, say, a ticketed car's information to be shared on a blockchain run by that specific authority, or maintaining a balance for charges related to "tolls, parking, car washes, and access to other fee based services."

GM has shown interest in blockchain tech before. In May 2018, ETHNews covered the announcement of the Mobility Open Blockchain Initiative, unveiled by GM, BMW, and Ford. The organization seeks to devise and promote standards for integrating blockchain technology into automotive travel.

Nicholas Ruggieri

Nicholas Ruggieri studied English with an emphasis in creative writing at the University of Nevada, Reno. When he’s not quoting Vines at anyone who’s willing to listen, you’ll find him listening to too many podcasts, reading too many books, and crocheting too many sweaters for his dogs, RT and Peterman.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest GM, patent application or other Ethereum application news.