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by Peter Chawaga, Jun 21, 2017

Driving the Future of Blockchains: A Four-Part Series


Gem Auto Preview

The future of autonomous driving is no longer a theoretical point in the distance. It’s here.

The car, which was for so long simply the sum of its parts — a combustion engine, chassis, wheels — has become so much more. It can now be thought of as limitless points of data, collected by the automobile itself, fed through onboard computers and external devices, making the act of driving more efficient, safer and a whole new experience entirely.

And none of this would be possible without the advent of blockchain technology. With distributed ledgers enabling the collection, storage and interpretation of a new avalanche of data, they will be an indispensable tool in the future of automobiles.

A few pioneers have been leading this charge. There are automakers like Tesla, which have changed the way we think about our cars and reintroduced them as super computers that get us from point a to point b. There are traditional companies in the space like Toyota that, through its Toyota Research Institute, are reexamining the data their products can collect. And there are companies like Gem, which are taking their expertise in the blockchain technology space and tailoring applications for the automotive and insurance industries.

Distributed’s four-part “Driving the Future of Blockchains” series, to be presented here in the coming weeks, will take a deep dive into the present and future of blockchain disruption for the automobile industry. Stay tuned to this space for more.

The “Driving the Future of Blockchains” series is presented by Gem, a sponsor of Distributed.com.