Porsche is first to integrate blockchain technology in cars

[Jeffery Musk]

Porsche blockchain project might offer insights on how blockchain will be used for autonomous cars in the future. Volkswagen and IOTA are also working together on a blockchain project. The blockchain is also being apply to the improving supply chains by various companies.
Know More: Coinpedia

[bug.lady]

Porsche blockchain project might offer insights on how blockchain will be used for autonomous cars in the future. Volkswagen and IOTA are also working together on a blockchain project. The blockchain is also being apply to the improving supply chains by various companies.
Know More: Coinpedia

I just don't know. It all seems needless, unnecessarily complex and over-tech. It is like killing a fly with a cannon. You could do that, but why? For instance, have a closer look at this use-case:

Smart contracts and blockchain keys being use to allow certain parties access to the vehicle at specific times or locations

Well, I just handle my car keys to my spous and we are done with it. Will we now need a smart contract to do that? Luckily, we don't own Porsche.

[gua86402]

Block chain technology can realize local encryption processing in distributed block chain.

The authenticity of raw data can be verified at any time, and the service of block chain technology is improved.

[Derek86]

The whole point of this is autonomous cars do not hacked by hackers right? I'm not mechanical genius, so could anyone answer my question?

oh, and is this going to raise price of porsche?

[Kotone]

Porsche blockchain project might offer insights on how blockchain will be used for autonomous cars in the future. Volkswagen and IOTA are also working together on a blockchain project. The blockchain is also being apply to the improving supply chains by various companies.
Know More: Coinpedia

Some might say that this might be an overkill or an over splurge of a technology to an already technologically advanced car but ai do honestly think that this should pave a way not just for autonomous cars but also to the world that bitcoin and the cryptocurrency market is not just good but it is also feasible and profittable. THe whole point of this activity and the inclusion of blockchain is swell and all but ai think the maingoal is to put this into something that works and see what the result are

[Alopu]

The blockchain is a decentralized, incorruptible, public ledger of all cryptocurrency transactions and has many uses cases, depending on the industry. In cars its used to improve the tracking system of independent vehicles or the driving capacities of them. Porsche noticed one week after Volkswagen introduced their plan in partnership with IOTA.

[stompix]

Well, I just handle my car keys to my spous and we are done with it. Will we now need a smart contract to do that? Luckily, we don't own Porsche.

Because...blockchain...everything must be done with the blockchain
How will that prevent a valet from running with your car? Hilarious!!!
You're going to the police and they are going to say... but you had a contract, in order to file a complain you will net to open a smart contract with the police and send 10 police tokens to our officer :PPPPP
In two years you will need a smart contract to take your dog for a walk.

You realize right now what I was telling you in another thread, that this is overkill?

But the actual project running from VW that might get a chance has nothing to do with the real car,
It's about the supply chain for parts that will (maybe) implement a blockchain solution to keep track of those parts, where and when are they move across factories.
Essentially... a db.

[bug.lady]

Well, I just handle my car keys to my spous and we are done with it. Will we now need a smart contract to do that? Luckily, we don't own Porsche.

Because...blockchain...everything must be done with the blockchain
How will that prevent a valet from running with your car? Hilarious!!!
You're going to the police and they are going to say... but you had a contract, in order to file a complain you will net to open a smart contract with the police and send 10 police tokens to our officer :PPPPP
In two years you will need a smart contract to take your dog for a walk.

You realize right now what I was telling you in another thread, that this is overkill?

But the actual project running from VW that might get a chance has nothing to do with the real car,
It's about the supply chain for parts that will (maybe) implement a blockchain solution to keep track of those parts, where and when are they move across factories.
Essentially... a db.

Yes recently I entered a few discussions in a few threads with forum members on that particular subject of using a blockchain to track stuff, exactly a database use-case for me. They were arguing that you don't need a token, but I am not convinced. Without a token it is just a database.

With a token, on the other hand, you at least have additional level of cryptographic credibility behind your data, what may add additional value to your database and to your clients. I recently thought of meat or grocery manufacturing and trading supply-chain blockchain, where clients could scan the qr-code on the piece of meat they are about to buy. They would know what farm the particular piece of meat came from, the date and time the cow was butchered, well, they could even track the life events of the cow! Or the transport temperature of the piece of meat! There, I will argue, I can see the added value of the immutable blockchain. But only if it is immutable, i.e. the manufacturer cannot easily prolong the shelf life of a piece of meat by claiming the cow was butchered later (by doing an update on a database or a blockchain).

Sorry to have deviated from the Porsche blockchain so much...

[Hellas Fos]

Porsche is one of the most innovative companies in the world and always ahead of the game.
Of course, they will integrate blockchain technology.

[stompix]

Well, I just handle my car keys to my spous and we are done with it. Will we now need a smart contract to do that? Luckily, we don't own Porsche.

Because...blockchain...everything must be done with the blockchain
How will that prevent a valet from running with your car? Hilarious!!!
You're going to the police and they are going to say... but you had a contract, in order to file a complain you will net to open a smart contract with the police and send 10 police tokens to our officer :PPPPP
In two years you will need a smart contract to take your dog for a walk.

You realize right now what I was telling you in another thread, that this is overkill?

But the actual project running from VW that might get a chance has nothing to do with the real car,
It's about the supply chain for parts that will (maybe) implement a blockchain solution to keep track of those parts, where and when are they move across factories.
Essentially... a db.

Yes recently I entered a few discussions in a few threads with forum members on that particular subject of using a blockchain to track stuff, exactly a database use-case for me. They were arguing that you don't need a token, but I am not convinced. Without a token it is just a database.

With a token, on the other hand, you at least have additional level of cryptographic credibility behind your data, what may add additional value to your database and to your clients. I recently thought of meat or grocery manufacturing and trading supply-chain blockchain, where clients could scan the qr-code on the piece of meat they are about to buy. They would know what farm the particular piece of meat came from, the date and time the cow was butchered, well, they could even track the life events of the cow! Or the transport temperature of the piece of meat! There, I will argue, I can see the added value of the immutable blockchain. But only if it is immutable, i.e. the manufacturer cannot easily prolong the shelf life of a piece of meat by claiming the cow was butchered later (by doing an update on a database or a blockchain).

Sorry to have deviated from the Porsche blockchain so much...

It's a discussion about the implementation of the blockchain, we don't have to stop at Porsche

Your example just reminded me of another ICO that claims it will combat fake drugs.

The blockchain can't do that. Neither can it prevent rotten meat from entering the supply store.
The qr code will be provided by the guy that packs the meat or produces the drugs.
Just like the official stamp now from the veterinary or that stamp that is added to cigar packs.
If it's fake it can be fake now and it will be fake even with an address in the chain.
They will just print another qr code and put it on the packet...how are you going to know it's real or not.

But coming back to the Porsche I really don't see any use in it...
A simple app that would allow you to ask for the fingerprint of the guy that gets to drive your car is overkill enough.
Tokens is paranoia

[bug.lady]

Well, I just handle my car keys to my spous and we are done with it. Will we now need a smart contract to do that? Luckily, we don't own Porsche.

Because...blockchain...everything must be done with the blockchain
How will that prevent a valet from running with your car? Hilarious!!!
You're going to the police and they are going to say... but you had a contract, in order to file a complain you will net to open a smart contract with the police and send 10 police tokens to our officer :PPPPP
In two years you will need a smart contract to take your dog for a walk.

You realize right now what I was telling you in another thread, that this is overkill?

But the actual project running from VW that might get a chance has nothing to do with the real car,
It's about the supply chain for parts that will (maybe) implement a blockchain solution to keep track of those parts, where and when are they move across factories.
Essentially... a db.

Yes recently I entered a few discussions in a few threads with forum members on that particular subject of using a blockchain to track stuff, exactly a database use-case for me. They were arguing that you don't need a token, but I am not convinced. Without a token it is just a database.

With a token, on the other hand, you at least have additional level of cryptographic credibility behind your data, what may add additional value to your database and to your clients. I recently thought of meat or grocery manufacturing and trading supply-chain blockchain, where clients could scan the qr-code on the piece of meat they are about to buy. They would know what farm the particular piece of meat came from, the date and time the cow was butchered, well, they could even track the life events of the cow! Or the transport temperature of the piece of meat! There, I will argue, I can see the added value of the immutable blockchain. But only if it is immutable, i.e. the manufacturer cannot easily prolong the shelf life of a piece of meat by claiming the cow was butchered later (by doing an update on a database or a blockchain).

Sorry to have deviated from the Porsche blockchain so much...

It's a discussion about the implementation of the blockchain, we don't have to stop at Porsche

Your example just reminded me of another ICO that claims it will combat fake drugs.

The blockchain can't do that. Neither can it prevent rotten meat from entering the supply store.
The qr code will be provided by the guy that packs the meat or produces the drugs.
Just like the official stamp now from the veterinary or that stamp that is added to cigar packs.
If it's fake it can be fake now and it will be fake even with an address in the chain.
They will just print another qr code and put it on the packet...how are you going to know it's real or not.

But coming back to the Porsche I really don't see any use in it...
A simple app that would allow you to ask for the fingerprint of the guy that gets to drive your car is overkill enough.
Tokens is paranoia

After having thought some more on the issue of fake stamps and the like I have to agree with you that it will be possible to cheat the system. But again, it may be marginally harder, if some independent body audits from time to time  the blockchains maintained by the manufacturer.

But again, even if they find any discrepancies, they will not make it public, just like in my country they have recently found that a few brands of probiotic intestinal bacteria supplements contain harmful bacteria strains and they WOULDN'T tell publicly which products, with the excuse they didn't want to harm the manufacturers, can you imagine?

[stompix]

~

After having thought some more on the issue of fake stamps and the like I have to agree with you that it will be possible to cheat the system. But again, it may be marginally harder, if some independent body audits from time to time  the blockchains maintained by the manufacturer.

But again, even if they find any discrepancies, they will not make it public, just like in my country they have recently found that a few brands of probiotic intestinal bacteria supplements contain harmful bacteria strains and they WOULDN'T tell publicly which products, with the excuse they didn't want to harm the manufacturers, can you imagine?

As long as the blockchain can't really exist in reality, there is no way a real product is tied with the same security as a transaction for example, it is going to be abused.
Controls are happening even now, nothing will change. They fake these labels why wouldn't they be able to fake one matching the blockchain? This is the weak link, and it is going to remain weak no matter what.

Second, if you have a stupid law (most countries have it not only yours), that unless it is proved by court that the products were dangerous, the manufacturer or the reseller can indeed sue the state.
In a really rotten country, this has also some good parts.
Imagine the competition paying a few thousands to some health inspectors and driving you out of business...

[MrCrank]

Porsche blockchain project might offer insights on how blockchain will be used for autonomous cars in the future. Volkswagen and IOTA are also working together on a blockchain project. The blockchain is also being apply to the improving supply chains by various companies.
Know More: Coinpedia

I don't understand how can possible apply blockchain technology in cars..
because it's different markets.