- IOTA’s DAG architecture could be useful for building a mobility as a service solution, as stated in Sony’s new patent.
- Previously, IOTA has collaborated with major players such as Audi and Jaguar Land Rover to build various mobility solutions.
Tech industry players around the world have been working on different mobility solutions. Japanese tech giant Sony recently filed a new patent that talks about implementing distributed ledger technology (DLT) like IOTA for building robust mobility solutions.
In the case of mobility as a service, the present disclosure consists of a communication network node, a communication network, a method and a terminal device for providing a distributed ledger.
Typically, a mobility-as-a-service solution distributes a ledger across multiple nodes, such as servers and electronic devices that record digital transactions. Various distributed ledgers can be based on blockchain technology. However, some distributed ledgers have been implemented on technologies other than blockchain, for example IOTA.
New patent from @SonyGroupGlobal to report @jota with respect to a Communication Network Node devices for providing a distributed ledger in mobility as a service. 👍💪🏻🔥✨#JOTA #tangle #DLT pic.twitter.com/qUgylLF8eD
— Wonder ✨ (@Wondere12985276) July 4, 2023
Mobility as a Service (MaaS) is a convenient service that allows people to plan, book and pay for different types of transport through one digital platform. Rather than relying on personal vehicles, MaaS encourages the use of various transportation options available to the public.
This is made possible by bringing together both public and private carriers in one place where users can easily create and manage their journeys. Payments can be made via one account, per trip or via a monthly amount for a certain distance. The main idea behind MaaS is to provide travelers with tailor-made mobility solutions that meet their specific travel needs.
IOTA and mobility solutions
IOTA has been working for quite some time on offering various mobility solutions. In the past, IOTA has worked with some of the top players in the automotive industry, such as Audi and Jaguar Land Rover.
IOTA has developed auto wallets that serve as technological solutions for enabling payment transactions in both digital and physical services. These wallets also facilitate communication between cars and third-party services such as parking, tolls, and marketplaces.
By using the wallet, users can easily and securely make small transactions in near real-time. These transactions leave a trail that can be checked and verified. The technology is versatile and can be applied to different scenarios, such as communicating with toll infrastructure, facilitating intelligent parking systems or supporting usage-based charging.
In addition, the car wallet collects data on the distance traveled by the vehicle and the roads traveled, as well as information on the use of the toll infrastructure.
IOTA uses a unique technology called a directed acyclic graph (DAG) instead of a traditional blockchain. This DAG architecture provides more scalability and efficiency in the IOTA network. Unlike blockchain systems, IOTA does not rely on blocks, miners, or transaction fees for its distributed ledger (DLT) technology.
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