The blockchain company Filament has recently announced that it is working side by side with the University of Nevada on a research initiative based on an autonomous vehicle. According to CoinDesk, the firm will be developing new standards for blockchain-based connected devices.

Filament Works On An Autonomous Vehicle

Different innovative technologies such as blockchain and internet of things (IoT) continue to expand all over the world. Filament, a blockchain startup, is currently developing new standards for IoT devices and how they are connected with self-driving cars. The partnership will see the company work with the University's Intelligent Mobility initiative.

The main intention is to create a blockchain system that would connect vehicles to a wider network. There are several companies and automakers such as GM and BMW that are already investing in these technologies and solutions for future cars. By using blockchain technology, these cars will be connected to their surroundings providing enhanced services for users.

Allison Clift-Jennings, Filament’s CEO, commented in a recent statement:

“We are excited to collaborate with the University’s Intelligent Mobility initiative on advancing this cutting-edge vehicle-to-infrastructure communication innovation. This is an important project for all cities preparing for autonomous vehicles as it will demonstrate how secure distributed ledger technology combined with connected, driverless cars and their surroundings can become a trusted reality.”

The Intelligent Mobility effort from the University of Nevada focuses on different innovative areas such as autonomous cars, synchronized transportation, and the infrastructure needed to bridge all these sectors.

Filament will be working on the development of hardware products that will be used in blockchain-connected device networks. There are several companies and firms that are betting on connected vehicles and their future. That includes Intel and JetBlue, among others such as Verizon.

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