US giant auto-maker, General Motors (GM) is on the verge of developing a blockchain platform to manage data from future fleets of automated cars.
This was revealed in a patent application published by the U.S. Patent and Trademark Office.
In the application, details of a process by which self-driving cars would be able to store data on a distributed ledger were revealed. More so, the document, produced by GM Global Technology Operations LLC, further notes that any data stored could be easily shared among the blockchain’s users.
One of the uses indicated, is the blockchain-based data, which the firm suggested a role in navigation
It said “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.”
More so, sharing data between different independent platforms was proposed in the application.
According to a blockchain exchange for municipalities, local authorities and public facilities such as airports, train stations etc could determine the “validity of permits and licenses to operate as hacks, taxis, or other for-hire services.”
Furthermore, it said if a vehicle is booked, the ticket information could be shared with a blockchain run by the relevant authority.
Tying payments into the system would allow cars to maintain balances to cover charges related to tolls, parking and other fee based service, the application noted.
However, having spent time and effort developing such autonomous vehicles, GM it would be recalled confirmed in March that it would begin production of their autonomous vehicles in 2019. It also said it has started making effort in exploring blockchain technology.
In addition, the auto-maker with other automotive companies formed the Mobility Open Blockchain Initiative (MOBI), in a bid to push innovation in the blockchain-auto space.