Bitcoin Forum
November 08, 2024, 03:00:15 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Dubai’s RTA working on a blockchain-based vehicle tracking project  (Read 119 times)
Jeffery Musk (OP)
Jr. Member
*
Offline Offline

Activity: 56
Merit: 1


View Profile
March 01, 2018, 12:37:23 PM
 #1

Dubai is now setting the world’s first vehicle history blockchain database. It allows tracking each and every vehicle record. The project is undertaken by Dubai’s RTA (Road and Transport Authority).
Know More: Coinpedia
bug.lady
Member
**
Offline Offline

Activity: 196
Merit: 23

Large scale, green crypto mining ICO


View Profile
March 01, 2018, 01:09:43 PM
 #2

OK this is interesting news, but what token do they use to enforce the blockchain is cryptographically sound? The article is silent in that regard, and as far as I know, without a token you really cannot secure your blockchain's immutability.

stompix
Legendary
*
Offline Offline

Activity: 3066
Merit: 6627


Leading Crypto Sports Betting & Casino Platform


View Profile
March 01, 2018, 10:07:40 PM
 #3

OK this is interesting news, but what token do they use to enforce the blockchain is cryptographically sound? The article is silent in that regard, and as far as I know, without a token you really cannot secure your blockchain's immutability.

There is no need for a token.
What would a token represent, why would somebody transfer tokens?

It's simple, the block chain is held and maintained by the RTA, instead of transactions is stores vehicle data.
You don't check the balance in an address, you check the the vehicle history.
No real mining, no chance of a 51%, a Sybil or a spam attack.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Sudarmoon
Newbie
*
Offline Offline

Activity: 90
Merit: 0


View Profile
March 02, 2018, 12:06:14 AM
 #4

Dumai is a very advanced and rich country in the world, I think with the existence of such projects or blocking vehicles is good enough to apply, hopefully I am many countries that follow the good step dubai country.
buytheeffinD
Full Member
***
Offline Offline

Activity: 266
Merit: 101


The revolutionary AI gaming ecosystem


View Profile WWW
March 02, 2018, 12:48:10 AM
 #5

Finally some real world innovation and it doesn't have to get debated whether it will function or work because there are clearly cars in Dubai. Will want to hear more about it as it gets implemented, but a brilliant start.

btcCoincart
Newbie
*
Offline Offline

Activity: 308
Merit: 0


View Profile
March 02, 2018, 01:00:32 AM
 #6

Any more evidences? We need more to know
bug.lady
Member
**
Offline Offline

Activity: 196
Merit: 23

Large scale, green crypto mining ICO


View Profile
March 02, 2018, 09:21:30 AM
 #7

OK this is interesting news, but what token do they use to enforce the blockchain is cryptographically sound? The article is silent in that regard, and as far as I know, without a token you really cannot secure your blockchain's immutability.

There is no need for a token.
What would a token represent, why would somebody transfer tokens?

It's simple, the block chain is held and maintained by the RTA, instead of transactions is stores vehicle data.
You don't check the balance in an address, you check the the vehicle history.
No real mining, no chance of a 51%, a Sybil or a spam attack.
If it were so, then what would be the real benefit of this RTA-maintained blockchain over RTA-maintained database with publicly available API interface?

I thought the benefit of blockchains was that it was immutable and cryptographicaly secured. If it is neither of those two things, why not use a regular database instead?

YuginKadoya
Legendary
*
Offline Offline

Activity: 3038
Merit: 1169



View Profile
March 02, 2018, 09:56:33 AM
 #8

This can be very helpful for authorities and for the person owned the vehicle that have been put a tracker or should we call it blockchain tracker, This will have a positive and even a negative effects for the owners this could affect their privacy but for just knowing the locations of the vehicle, But the biggest picture would be for the security purpose,
stompix
Legendary
*
Offline Offline

Activity: 3066
Merit: 6627


Leading Crypto Sports Betting & Casino Platform


View Profile
March 02, 2018, 02:34:58 PM
 #9

OK this is interesting news, but what token do they use to enforce the blockchain is cryptographically sound? The article is silent in that regard, and as far as I know, without a token you really cannot secure your blockchain's immutability.

There is no need for a token.
What would a token represent, why would somebody transfer tokens?

It's simple, the block chain is held and maintained by the RTA, instead of transactions is stores vehicle data.
You don't check the balance in an address, you check the the vehicle history.
No real mining, no chance of a 51%, a Sybil or a spam attack.
If it were so, then what would be the real benefit of this RTA-maintained blockchain over RTA-maintained database with publicly available API interface?

I thought the benefit of blockchains was that it was immutable and cryptographicaly secured. If it is neither of those two things, why not use a regular database instead?

The only benefit would be a mirrored database and more security since the chain can be hosted in different places and have checkpoints. Instead of back-ups you rely on nodes (probably in this case car dealerships and car services) and they will also be the only ones that can insert info in the chain.
In terms of costs it could be an advantage, since you pass most of them to others.
Besides, just because some thing is being developed it doesn't mean it's actually going to work or it's better than what we have.

Now, asking you a question...
Why would you need a token for this and what would the purpose of trading it?


..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!