South Korean car manufacturer Hyundai Motor Group will use blockchain in a new technology that allows smartphones to control certain functions of electronic vehicles. Hyundai reportedly is working on a performance-based adjustment technology that would allow users to customize primary functions of the car by using an app on a smartphone.
In this particular case the blockchain will be used to prevent security issues while users upload and share their custom settings to a server. It would provide anonymity by encrypting data. Unauthorized manipulation of the data will not be possible this way.
According to the report seven performance features can be altered by consumers: the maximum torque output of the motor, acceleration and deceleration abilities, regenerative breaking capacity, speed limits, responsiveness of the steering wheel and the energy use for climate control inside the car.
It’s not yet known with which company Hyundai is cooperating, but IBM is among the most likely partners. Hyundai Commercial, a subsidiary of the car manufacturer, recently partnered with the American tech giant to transform its business model with blockchain technology. On top of that, IBM recently was granted a patent that will allow blockchain tech to manage data and interactions for and between self-driving cars.
Also published on Medium.