Cyber-Physical Chain (CPChain) has partnered with Mobility Open Blockchain Initiative (MOBI).
MOBI is a nonprofit organization that works on accelerating adoption of blockchain and related technologies. It is actively working with companies accounting for over 70 percent of global vehicle production in terms of market share.
Some of the partners of MOBI are BMW, Bosch, Ford, General Motors, Groupe Renault, ZF, Aioi Nissay Dowa Insurance Services USA etc.
CPChain is the full-scale decentralized data infrastructure for the next generation of IoT systems. The company had recently launched a solution PDash–Parallel Distributed Architecture for Data Storage and Sharing— that serves to improve efficiency, security, privacy and cost associated with the current Internet of Things (IoT) infrastructure.
The platform incentivizes users to share information and assure the quality of data listed in the marketplace without the need to enlist costly, third-party support from data miners, which is in line with MOBI’s mission to foster an ecosystem where businesses and consumers have security and sovereignty over their driving data.
Through an open-source approach to blockchain software tools and standards, the MOBI consortium hopes to stimulate more rapid and scalable adoption of the technology by other companies developing autonomous vehicle and mobility services.
In conjunction with the partnership announcement, CPChain has announced that it is now listed on KuCoin, an international blockchain assets exchange.