Volkswagen Applied for Inter-Vehicular Blockchain Communications System Patent

Volkswagen has requested for a patent permitting transport means to communicate with one another via  blockchain-based network designed to enhance road safety by alerting of nearby means of transport and warning the driver to possible clashes.

The system could probably be utilized to conduct actions like merging lanes, overtaking, and a number of other risky operations on the road.

The patent copes with self-driven and manually-driven vehicles and urges to both display data for a driver to see or just inform self-driving cars on their next move. A joint inter-driver agreement is outlined which will enable drivers to enter agreements designed to expand their road safety.

Volkswagen is the most recent greatest firm to request for a blockchain patent to improve and increase their business, with Walmart licensing a system for connecting medical records on a blockchain with other blockchain patents under feedback and Mastercard patenting anonymous blockchain operations and Samsung searching blockchain patents to enhance their transport  logistics and operational effectiveness.

Ford Motors has also licensed a cryptocurrency-fuelled vehicle technology admitting for preferable lane access while on the road among other functions. It’s probable that the Volkswagen agreement system will cope similar negotiations if accepted.