Blockchain use continues to gain massive traction around the world, with use cases in almost every aspect of global society.
And decentralized protocol Minima is set to add to it with its selection in the MobilityXLab program.
Recently announced, the event will see blockchain platforms participate in an initiative aimed at creating new solutions in the world of vehicle and mobile communications.
Minima CEO Hugo Feiler said:
, We are thrilled to be part of the MobilityXlab program and can’t wait to demonstrate the benefits of truly decentralized networks for mobility more broadly, and vehicle-to-vehicle communications in particular.,
Minima will help build vehicle-2-vehicle communication
Minima joins 10 other startups from around the world in this project, and will partner with leading companies in the auto-mobility industry to help bring these innovations to market.
Partners will include Ericsson, CEVT, Polestar, Volvo Cars, and the Volvo Group and Gensact.
Minima is expected to begin work on the solution in August 2022, and will include the use of Layer 1 security and decentralization to connect cars, allowing for greater security of data through immutable and sensor-resistant transfers.
A peer-2-peer (P2P) network of connected nodes will also allow more than just chat and communication. According to the platform, the innovation is poised to deliver the benefits of sharing rewards, loyalty programs and connected vehicles.