Daimler launches hardware Car Wallet with RIDDLE&CODE

Spread the love

Leading European blockchain interface solutions provider, RIDDLE&CODE, has announced details and context of its Distributed Ledger Technology (DLT) or Blockchain hardware wallet that is powering a Daimler Financial Services-led consortium to provide an open car wallet solution.

“This is a prime example of a global market leader betting on European industry collaboration and DLT-based innovation. A new generation of open mobility services will create new business models, and RIDDLE&CODE is excited to be at the heart of it with our hardware-based car wallet,” said Alexander Koppel, CEO and co-founder of RIDDLE&CODE. He added, “It shows an ability to continue to offer disruptive value-added services creating new marketplaces for mobility, energy and finance.”

advertisementToken Agency

Car wallets enable a wide variety of use cases from car-sharing to Autonomous Vehicles. The real-time exchange of secure traffic data between vehicles and smart city environments reduces congestion and lowers insurance premiums, and Blockchain-certified data can be used in case of accidents.

RIDDLE&CODE provides Vehicle Identity, trusted data provenance and a settlement layer as part of this DLT consortium.

Tom Fürstner, the company’s Founder and CTO, said:

“Autonomous cars must behave consistently to be trusted. Cars are already computing devices. A secure identity ensures that the right authorities have approved code executed inside vehicles and the trustworthiness of data exchanged. RIDDLE&CODE secures this with its cryptographic hardware and uses ledgers to turn automobiles into future market places.”

The hardware wallet solution is built around RIDDLE&CODE’s Secure Element 2.0 that provides a protected blockchain identity to vehicles. Merging that with standard Vehicle Identity (e.g. registration) creates unique and secure ledger transactions.

Other partners in the Daimler-led Mobility Blockchain Platform include Blockchain Helix for human digital identity solutions, Evan.Network for the Network layer and 51 Nodes for Smart Contracts.

RIDDLE&CODE is a European Blockchain interface company, that builds hardware and software stacks, bringing trusted identity to objects and people. Together with its tier one clients and partners, RIDDLE&CODE brings greater efficiency and new business models to financial markets, energy distribution, supply chain management and the Internet of Things. More information: www.riddleandcode.com

About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem – Honorary Ph.D. and is Chair Professor of Blockchain at China’s first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford’s Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission’s SME Instrument programme as a startup assessor and as a startup judge for the UK government’s Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, ‘The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

Visit Website

  • RENBDO: First ICO Approved by European Commission – 70 Percent Funding From EU – July 22, 2019
  • Chinese Government Blockchain Standardized Certification Received by Lenovo, Alipay, and Aelf – July 22, 2019
  • KPMG Teams Up With Tomia, Microsoft And R3 To Create A Near Real-time Settlement Network For Telecom Companies – July 22, 2019
  • Blockchain-Based ‘Lunar Registry’ Launched – July 22, 2019
  • Daimler launches hardware Car Wallet with RIDDLE&CODE – July 22, 2019
  • Ugandan President to Explore use of Blockchain to Tackle Counterfeit Drugs – July 22, 2019
  • Blockchain-Based Travala.com Teams Up with Dash For Hotel Booking Payments – July 18, 2019
  • SEC And FINRA Approves First Reg A+ Token Offerings – July 18, 2019
  • Tokinex Tolken Sale Sells out in 35 Seconds – July 18, 2019
  • 18 Organisations Launch The Convergence Alliance To Enable A New Open Data Economy Built On The Decentralized Web – July 9, 2019
  • Bittrex Acquires Tradedash – July 3, 2019
  • Korea’s Cube Systems Rolls Out New Blockchain eCommerce Platform – July 3, 2019
  • Clinlogix Joins ALTEN Calsoft in Launching Blockchain for Clinical Trials – July 3, 2019
  • Binance Charity forms alliance with 46 companies to unveil a stablecoin for the alleviation of period poverty – July 3, 2019
  • Nestlé Breaks from IBM Food Trust Blockchain Group for New Milk Supply Chain Trial – July 3, 2019
  • Tokeny Solutions Digital Asset Platform Gets €5 Million Backing from Euronext – July 3, 2019
  • Blockchain Venture Capital Funding Reaches $822 Million in 2019 – July 1, 2019
  • Toronto’s Creative Destruction Lab Joins Facebook’s Libra Association – June 19, 2019
  • Australia’s Power Ledger to bring P2P Energy Trading to Austria – June 19, 2019
  • Litecoin Foundation Teams Up With Bibox And Ternio On Special Edition Litecoin Debitcard – June 19, 2019

View All Articles



Also published on Medium.

Credit Source link


Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *