SHIFTMobility Inc. revealed its new blockchain-powered platform for the automotive industry. As modern vehicles continue their transformation into smart devices, today’s mobile-enabled world requires a platform able to connect to, understand and harness demand from the myriad of vehicle and supply chain apps, commerce channels, enhanced diagnostics and transportation logistics now and into the autonomous future.
By connecting drivers to vehicles, services and everything else, the platform satiates high consumer expectations while simultaneously liberating previously siloed data for proper use and meaningful intelligence, says the company. With SHIFTMobility, data from the driver to the car – including insurance, service visits, real-time condition and more – is merged into a single unbroken, secure, distributed and transferable data chain, like a fingerprint containing complete medical history but for a car.
“In an age of privacy concerns and rapid evolution in vehicle technology, our automotive blockchain platform will ensure the security and integrity of customer and vehicle information while maintaining the intrinsic benefits of a globally connected ecosystem. As pioneers in this field, all our solutions use blockchain to secure, distribute and validate transactions across all our constituents. We now look forward to offering the infrastructure necessary to drive blockchain adoption across the industry,” said Pavana Jain, co-founder and CEO of SHIFTMobility.
By eliminating remaining information barriers, security risk and costly IT infrastructure, any concern about massive transaction volumes from vehicle-generated demand can be relegated to the historical dustbin. All SHIFTMobility branded solutions are powered by its Automotive Cloud Platform.
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