Under a joint project led by IRT SystemX and The Blockchain XDEV, PSA Group, Mobivia, Groupe Matmut, Crédit Agricole Assurances and Groupe IMA (Inter Mutuelles Assistance) launches a call for collaboration in developing a certified data platform, based on blockchain technology.
A call is being made to all the stakeholders in the automobile sector (manufacturers, equipment makers, maintenance and repair networks, insurers, banks, institutions, etc.) to join IRT SystemX and The Blockchain XDEV in this unprecedented approach to innovation in Europe. A white paper detailing this collaborative approach is available for download.
This decentralized and disintermediated platform to be developed aims to lay the foundations for a sovereign reference architecture that would serve the entire automotive industry. Thanks to its collaborative governance, open to all industrial stakeholders and public authorities, this solution offers a unique and valuable proposition on the European market..
This multi-stakeholder initiative stems from the emerging situation, in which vehicle data is becoming increasingly critical for developing the automotive sector :
- The connected vehicle is becoming more complex and generating more and more data (updates, maintenance, automation, uses, etc.);
- This data is partially of a private nature and must be managed in accordance with the EU General Data Protection Regulation (Protection, authorization, traceability and portability);
- All stakeholdersneed to share this data without being deprived of it, in a certified and disintermediated way, so that free competition would be possible.
With this unprecedented platform, all industry stakeholders will benefit from a decentralized solution compatible with the GDPR. This will allow them to manage their data in terms of access rights, security, consent to sharing, and portability to third parties (in the event of the resale of the vehicle, for example) and industry stakeholders (manufacturer, networks for maintenance or repair, insurer, etc.). Certified data sharing mechanisms, compliant with confidentiality issues, will allow smooth and secure exchanges, thus promoting reliable and tamper-proof administrative monitoring of vehicles. This initiative will also allow the development of a new economy of data valuation through personalised services: precise determination of the residual value of the vehicle, predictive maintenance, insurance services and so on.
This joint project, which began in June 2020 and is slated to be completed by early 2021, will demonstrate, through the development and experimentation of a Minimum Viable Product (MVP), the strategic interest of such a platform for the the entire automotive industry. In this perspective, the consortium calls on stakeholders interested in this structuring approach to join them.