Teslas to incorporate Blockchain????

[bobsav2121]

WOAH. What if Teslas were nodes and each car were to talk to each other and record everything on a public blockchain? This article blew my mind:

https://cryptotradernews.com/technology/how-tesla-can-incorporate-blockchain-into-its-cars/


Thoughts???

[joniboini]

Hmm, so basically any data from the cars could be 'anchored' to a blockchain. You just need an active internet connection and not necessarily has to run your own node imo.

Lition or LTO would be able to fulfill their needs. They can run a service that would automatically record the data and anchor it to the blockchain, though I doubt blockchain is suitable if they want to store very detailed data on the condition of the car. IPFS or simple database should be enough for that, and blockchain could be used to maintain the integrity of the data by storing the hash.

Not really groundbreaking, but sure, interesting.

[LeGaulois]

Tesla isn't the first to use the blockchain. ATOS and Worldline were the first for the second market. As for Tesla:
Tracking maintenance and repairs yes it's a real use as for the other points it could be the same with a database secured enough, it's just the for the 'marketing' side.

They should focus on decrease the price instead, no way I would buy a car $50k they target the riches only

[Initscri]

I mean, i wouldn't necessarily call it groundbreaking. It would be cool, but many corporations already leverage the blockchain to simply save logs/info of their nodes/products&services.

[Beerwizzard]

WOAH. What if Teslas were nodes and each car were to talk to each other and record everything on a public blockchain? This article blew my mind:

And why can't they just record everything and store their data on a centralized server?
Elon Must already made a lot management mistakes while trying to automatize the production of Tesla cars. This bullshit is only leading to higher price with a lower quality. Considering that any Blockcgain development is expensive as fuck right now they will only repeat their previous mistake.

[CryptoBry]

Tesla isn't the first to use the blockchain. ATOS and Worldline were the first for the second market. As for Tesla: Tracking maintenance and repairs yes it's a real use as for the other points it could be the same with a database secured enough, it's just the for the 'marketing' side.
They should focus on decrease the price instead, no way I would buy a car $50k they target the riches only

Tesla is good for marketing and they how to sell their wares so this must be a step they are taking to stay more relevant in the face of the blockchain's appealing popularity. They also want the brand Tesla to be associated with the blockchain so that it can appear to be innovative and always on the loop with modern and new discoveries. However, if they can implement this idea, then it can be a good additional feature to the things they currently have on the menu. I am sure their targeted market (the rich and famous, of course) will love to ride a car connected to the blockchain. I am thinking maybe they should use the word blockchain with their car soon.

[vycl87]

WOAH. What if Teslas were nodes and each car were to talk to each other and record everything on a public blockchain? This article blew my mind:

https://cryptotradernews.com/technology/how-tesla-can-incorporate-blockchain-into-its-cars/


Thoughts???

Not just any blockchain network with Tesla, but also the technological structure of the multimedia operating system in Tesla. So there is no official partnership.

[YuginKadoya]

Many Company and industry not only in Automobiles and vehicles are now using blockchain, But That is also good quality and a good sign for blockchain technology to be well-known not only to the community but also nationwide, This is good with Automobiles that are now traceable using blockchain, And in rechargeable cars I really think this is great and when I saw this kind of idea I never imagine that it can be possible, And a possibility of a self-driving car? I am pretty amazed and speechless at the same time.

[dothebeats]

Useful applications for traffic advisory, road blocks, constructions and other things happening on the road to warn other people of what's ahead. While it's a great idea in automated cars, these things are not really new and exciting anymore. Blockchains for IoT devices have long been speculated, and it's not a secret anymore that such things can see useful applications for Man. It's just that the materialization of such concepts takes a long time, and we might not even live long to see such useful applications come to life.

[DdmrDdmr]

<…>

I’ve read the referenced article in the OP, and what I make of it is that the Blockchain usage cases provided within the article are the autor’s (Brandon Harville) hypothetical scenarios. I have not found these cases on other referenced articles of around the time (9 days ago), not even going back a month. Either I’m not searching too well, or we’re talking about what Tesla could do, not what it is going or even considering doing. Is it just me here?

On the other hand, Musk is a very techy guy and crypto related and may consider some aspects at some point (some suggested here: Bitcoin, Ethereum, Dogecoin? Crypto Twitter Debates Tesla Adoption of BTC – With an Appeal to Elon Musk ) , although I guess the priority now should be to stay afloat whilst the car industry is now pouring large amounts of resources into developing their own electric powered vehicles.

[kryptqnick]

WOAH. What if Teslas were nodes and each car were to talk to each other and record everything on a public blockchain? This article blew my mind:

https://cryptotradernews.com/technology/how-tesla-can-incorporate-blockchain-into-its-cars/


Thoughts???

The article states some possible use cases, and I think they are all not bad. However, and I am writing it because the post in the Bitcoin discussion section, we're talking about micro-transactions here if an exchange of money even takes place. Blockchain can store the data, sure, but some of our most famous cryptos won't be of much help. Coins like IOTA and IOT, though, might be apt to the task.
Another point I'd like to make that while Tesla could incorporate blockchain, it does not mean it will. I remember Elon Musk saying that he has no intentions of applying cryptos to Tesla:

Speaking to the downsides of cryptocurrency, in the case of bitcoin for instance, he said he believes its use of a large computing network to secure its ledger is “computationally energy intensive.” He added that, for a company that aims to boost the adoption for sustainable energy, it may not be “a good use of Tesla’s resources to get involved in crypto.”

[Apes]

integrating tesla technology with the blockchain it will make easier for many parties to monitor the used vehicles. because the blockchain uses open technology information sharing, various information log can be integrated for users and manufacturers needs to monitor their vehicles, the recorded information will be very valuable and I'm sure the log information can be utilized for various other business developments.

[Artemis3]

WOAH. What if Teslas were nodes and each car were to talk to each other and record everything on a public blockchain?

If Teslas talked to each other open mesh style, that would be worth something. Wherever they see merits in using a blockchain as well, its for them to decide. Perhaps if they need security that the reports don't ever get altered or something like that.

If you mean that each car would be a full node to their blockchain, instead of using central servers, i guess that would be cool too.

IIRC Teslas already have dual computers, one takes care of the essential driving, and the other is the infotainment. This second computer could be given that task, or they could add a third one for that specific job, and make sure that if it fails, nothing else gets impaired.

I'm talking raspi ARM type embedded computers here (like a cheap smartphone), so don't get too exited thinking is some super expensive device. A 25~100 USD addition to a 40k USD car would probably be negligible.

[uneng]

I think the points presented by the article aren't very interesting. By implementing blockchain in cars that way, we would be restricting privacy of the cars owners, for an example:

Enhanced security: Blockchain applications can be integrated into the car’s security system, giving only authorized users access to the automobile’s functions.

Maybe the car owner could want to let someone else drive his car, maybe in an emergency. Then it would be impossible. It's a very restrictive feature.
The another point, to track electronic charging stations, is pointless, as we can find it easily on google maps or similars. There is no need to use blockchain technology for this reason.

Just to not be so negative about it, the most interesting point is recording the car’s condition: it's good for potential future owners to know the car backgrounds, in case the seller is hiding any important information. However I'm not sure if it's really useful, because every car backgrounds should be found through its license plate search.

[BitBustah]

Elon Musk seems to be open to crypto, he is always posting about it on twitter.  He even made a joke on April Fool's day that he is the creator of doge coin. All that being sad, he doesn't even own a significant amount of crypto consider he is a multi billionaire.

[Initscri]

WOAH. What if Teslas were nodes and each car were to talk to each other and record everything on a public blockchain? This article blew my mind:

And why can't they just record everything and store their data on a centralized server?
Elon Must already made a lot management mistakes while trying to automatize the production of Tesla cars. This bullshit is only leading to higher price with a lower quality. Considering that any Blockcgain development is expensive as fuck right now they will only repeat their previous mistake.

I somewhat have to agree w/ this. I don't really know what the benefit of this would be. I mean, possibly, it could make the cars more extendable to an extent. If it was a private blockchain, where vendors had access to it, it could offer the ability for other software companies to extend onto the cars using the data somehow.

[mihori]

Elon Musk seems to be open to crypto, he is always posting about it on twitter.  He even made a joke on April Fool's day that he is the creator of doge coin. All that being sad, he doesn't even own a significant amount of crypto consider he is a multi billionaire.

When will he issue his own tokens??

[Shenzou]

WOAH. What if Teslas were nodes and each car were to talk to each other and record everything on a public blockchain? This article blew my mind:

https://cryptotradernews.com/technology/how-tesla-can-incorporate-blockchain-into-its-cars/


Thoughts???

Based on this every device in the world is a part of blockchain to collect data, this is not something that is new like google has been doing this for a long time using our computers searchs personal info as a data to be collected and sold to companies, and this kind of what our modern world is about, and it would not be a surprise Tesla is really doing this as well through tracking your destinations through your car's gps than using it.

[Ailmand]

Elon Musk seems to be open to crypto, he is always posting about it on twitter.  He even made a joke on April Fool's day that he is the creator of doge coin. All that being sad, he doesn't even own a significant amount of crypto consider he is a multi billionaire.

Well, I think if Elon Musk is to invest, adopt, or even create his own crypto it would make a great impact in the whole market. Well, integtating blockchain tech on their product may not be a bad idea after all, if ever it would be the first one to adopt blockchain tech in a car for record keeping and tracking.

[pushups44]

WOAH. What if Teslas were nodes and each car were to talk to each other and record everything on a public blockchain? This article blew my mind:

https://cryptotradernews.com/technology/how-tesla-can-incorporate-blockchain-into-its-cars/


Thoughts???

I hate to burst bubbles, but Tesla adopting bitcoin is contrary to their environmentalist image. However, they could adopt other blockchains, which in my view would indirectly benefit bitcoin as it would draw more people into the space.