The automotive industry has a new leader in terms of blockchain adoption. UNA, the blockchain subsidiary of Hopium, is now working to offer sustainability, scalability and transparency to an industry that requires constant innovation and cutting-edge technology.
UNA: Working on a Blockchain and Intelligent Future
Hopium, one of the most advanced car manufacturers in the world and leaders in terms of high-end hydrogen cars, has launched a new blockchain ecosystem called UNA. By leveraging its connections with IBM Hyperledger, UNA is moving forward to fulfil its vision.
Blockchain technology became one of the most promising technologies around the world, and of course, the automotive industry couldn’t be left behind. The last few years have been very important for companies to develop new solutions and projects; however, few of them are using distributed ledger technology.
Thanks to Hopium and its recent Initial Public Offering (IPO), UNA is ready to use some of the most advanced technologies such as Internet-of-Things (IoT) to deploy a set of services and solutions that would help them understand car consumption, environmental impact and security, among other things.
Handling Data and Making Decisions
Companies around the world are moving towards a strategic plan in which data becomes an advantage over competition. Having the necessary tools to collect advanced data from cars and drivers could help improve not only the way we use cars but also how we use them.
By releasing a blockchain network and IoT hardware, UNA will measure emissions and reduce the impact vehicles have on the environment. We have recently seen how Tesla decided to stop accepting Bitcoin (BTC) for its cars citing environmental concerns. Thus, UNA has an advantage over other networks that could help improve the entire automotive industry.
It is also clear that security plays an important role in terms of how firms handle data. This is where blockchain technology helps protect the information gathered and makes it possible for analysts to process this information to get more accurate data and make even better decisions.
Comfort and Ergonomics
Focusing on how drivers feel while driving their cars is also very important. They could create their own “digital passport” that would register users’ preferences. Everything will be kept secure using blockchain technology.
How could this help the automotive industry? Every single time we change cars we need to set up all the previous settings that we had on our previous vehicle. This could take time. Moreover, we do not adapt to new cars in just a few hours, we need days until we know how the car moves, how it goes and what its features are, among other things.
By using this information, individuals will be able to switch cars without even having to set up their preferences over and over again. Everything will be seamless and instant. They would not have to be worried about renting a car with completely different settings.
At the same time, security becomes an important matter for the UNA ecosystem. Individuals can manage a wide range of profiles to use the car. If you have a family, different members will get the possibility to have their own profiles and get access to the car. Additionally, it is possible to get access as a ‘guest’ for just some hours or periods of time.
Emissions, Digital Passport, Supply Chain and Security
Basically, UNA focuses on four pillars: emissions, digital passport, security and supply chain. Every single part of these pillars is interconnected with the other and play a very important role towards the success of this blockchain project.
The usage of a vehicle can easily be registered on the blockchain. That means that a real reduction in emissions can be verified, analysed and eventually used to improve future vehicles and cars.
At the same time, this information is linked to specific vehicles and drivers making it easy to communicate with the ledger throughout its lifetime. In this way, car manufacturers are able to understand the environmental impact.
As we mentioned before, users can drive different vehicles without having to give up on their preferences or setting them up every single time they get into a vehicle. By pulling the previously-stored profile from the ledger, the driver would feel he is driving a car without having to be worried about whether it is a rental car or not.
Furthermore, with the information gathered about the specifications and preferences of each driver, it is possible to better understand what the needs of the drivers are.
It is worth pointing out that vehicles are able to reject unauthorized drivers. This can be achieved thanks to the creation of users’ profiles, as described in the article. Moreover, this could have a positive impact in terms of reducing the number of malicious individuals using and entering the car.
Finally, UNA starts working with car manufacturers even before the creation of the car. UNA tracks parts throughout the whole supply chain making sure that the suppliers follow environmentally-friendly approaches in terms of processes.
Furthermore, it is possible to use this blockchain network to be sure the parts used are genuine and use high-quality materials.