ZF
Smart Mobility
Transactions
Transactions
Service
Blockchain
Business Development
Strategy
Challenge
In the face of future autonomous vehicles, the question was how cars can not only drive autonomously, but also interact with the infrastructure as independent entities.
Amazing Results
We have developed a blockchain-based transaction platform on which vehicles can not only autonomously consume services such as parking or refuelling, but also pay for them.
5
Vehicles onboarded on the platform
20
Infrastructure partners won for the project
1
Full-fledged and fully financed spin-off
A joint project of automotive supplier ZF, bank UBS, and IT company IBM
Car eWallet was a joint project carried out by the technology group ZF, the major Swiss bank UBS, and the American IT company IBM. The project was integrated into the artificial intelligence control unit ZF ProAI combining the element of a high-performance central processing unit to self-drive and a digital agent to execute tasks independently.
Car eWallet (meanwhile iomoto) was spun off into an independently operating company after three years of intensive work in the innovation department of the Electrified Powertrain Technology business unit.
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