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September 17, 2019, 09:30:13 PM |
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HSN has unique advantages in big data management, security, transparency, and P2P transactions, which enables collaboration on equipment for autopilots, unmanned vehicles, and in other IoV fields.
Since 5G supports direct communication between devices and builds a D2D (Device-to-Device) network, the result is that all kinds of IoT applications will be rapidly popularized. The first game changing ‘killer application’ is the Internet of Vehicles (IoV).
HSN will be used in the whole motor vehicle value chain: from supply chain management and vehicle hardware manufacturing to autopilot, vehicle life cycle data tracking, and provision of data for autopilot. It can also save costs and optimize the operating process. After vehicle data is uploaded to the blockchain through the PoT module, when an accident occurs in the future, HSN will ensure timely data collection via real-time IoT data transmission. HSN will complete such financial scenarios as insurance compensation and second-hand car dealing.
In the IoV scenario, HSN supports Self-sovereign Identity: when an original identification label is stored on HSN, a unique identification label is created. Besides these, with the help of the programmable logic (smart contract) controller mechanism for devices, blockchains provides an encryption interface for chips, thus ensuring system security in the decentralized environment.
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