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Topic: [2018-03-30] Ford to Use Cryptocurrency for Inter-Vehicle Communication System (Read 124 times)

legendary
Activity: 3122
Merit: 1492
Oh my, Ford will also tokenize road traffic. The richer you are the faster you can go to your designated location, while the rest of the people who cannot afford to buy the tokens will have to standby and endure the traffic hehehe.

I reckon all the tokenization schemes created by leveraging the blockchain will bring humanity to a whole new level of consumerism.

member
Activity: 364
Merit: 10
In my opinion, any innovative idea would be great to solve many problems faced by the cities goers. Optional sharing of selective info is desirable for more collaborative input by many.
sr. member
Activity: 714
Merit: 250
Defend Bitcoin and its PoW: bitcoincleanup.com
Sounds like a cool idea, but patents give me the creeps. Patents and cryptocurrency seem diametrically opposed to each other. I would worry about Ford controlling the nodes/contracts on such a system. Will competitors be legally able to come up with an alternative?
member
Activity: 364
Merit: 10
Ford has been issued a patent for “Apparatus and methods […] for vehicle-to-vehicle cooperation to marshal traffic.” The patent indicates that Ford is seeking to use cryptocurrency technology as a means for cars to communicate with each other whilst on the road – with the patent describing a “Cooperatively Managed Merge and Pass (CMMP) system” that uses “CMMP tokens” to facilitate inter-vehicle communications.

Ford Granted Patent for “Vehicle-to-Vehicle” Communication System

The United States Patent and Trademark Office has published a document granting Ford Global Technologies, LLC patent number 9,928,746 for “Apparatus and methods” designed to facilitate “vehicle-to-vehicle cooperation to marshal traffic.” The intended utility of the new technology is the alleviation of traffic congestion through using communication between vehicles to facilitate the cooperative coordination of “platoons” of vehicles.

The patent states that Ford disclosed an example of the technology in the form of a “vehicle-to-vehicle communication module and an example cooperative adaptive cruise control module.” The document notes that the “cooperative adaptive cruise control module determines a location of a traffic cataract,” and also “coordinates with other cooperative vehicles to form a platoon of standard vehicles,” with the cooperative module “coordinat[ing] with other cooperative vehicles to move the formed platoon through traffic cataract at a constant speed.”

Read more: https://news.bitcoin.com/ford-cryptocurrency-inter-vehicle-communication-system/
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