Continental and the Web3 technologies shaping the automotive industry
For this episode of the TX podcast, we invited Stefan Schneider and Konrad Hilarius of Continental to talk about how Web 3 technologies are shaping the future of the automotive industry.
Continental, one of the largest automotive suppliers in the world, develops pioneering technologies and services for sustainable and connected mobility. Their intelligent database services aggregate, enhance and deliver data, for example, to provide drivers with predictive information on the road ahead to increase the safety, comfort and efficiency of driving.
It’s estimated that by 2025, 90% of produced vehicles will have embedded connectivity solutions. With the increasing number of connected vehicles, sensors, and amount of vehicle data that is collected, data sharing is a growing trend in the automotive industry that offers huge potential for building new services and for automotive companies to create new revenue streams from data.
In their roles at Continental, Schneider and Hilarius are looking into uprising technologies such as data monetisation based on blockchain technology and intelligent transportation systems. Where do they see the automotive industry heading in terms of data and data economies? What are the types of data coming out of vehicles and how to commercialise it? What will the future of driving look like?
Listen to find out more.
You can also find this episode on Apple Podcasts and Spotify.
TX Podcast: Whim App
In this instalment of the TX Podcast, we talk to Krista Huhtala-Jenks, Head of Ecosystem & Sustainability at the world’s first Mobility-as-a-Service operator MaaS Global and VP of the MaaS Alliance. MaaS Global is the company behind the Whim app, which is already live in a number of cities and regions across Europe.
2020-03-19 Blog Martin Moravek
Unlocking vehicle data and creating value for both the vehicle manufacturer and driver
Giving drivers greater control over their car’s data to decide whether to share it with 3rd parties in return for a share of the revenues generated from its sale could help vehicle manufacturers overcome their existing challenges to monetize vehicle data.
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