Decentralized Autonomous Vehicles (DAV) Blockchain Network To Build ‘Killer’ Connected Car Apps

The DAV Foundation, a blockchain-based transportation platform, has recently revealed the next endeavor within its road map.

As per their Medium post, the end of 2018 will be a notable one, as the team plans to,

“introduce a decentralized ride-hailing network that allows any participating driver of a privately-owned car to offer a ride to anyone who needs one.”

This effort could possibly eliminate middlemen of the transportation system, i.e. Uber or Lyft, ultimately giving more to drivers.

DAV’s plans seem to sit well with what seems to be the arrival of a 5G technology, also referred to as the fifth generation of cellular technology.

Its uniqueness has been highlighted in the post, emphasizing that it,

“will allow cars to share large volumes of data with each other and low latency”.

DAV’s open source platform is one that has been offered to anyone who wishes to create a connected-car application. According to the claims made, over 150 contributors have worked alongside DAV and other firms to expand the concept of connected-car apps.

It is clear that DAV’s main goal is to overtake existing services like Uber, with one that is based on blockchain technology to facilitate the overall car sharing experience. Toyota’s Gig service was mentioned, where the author compared its parked cars to the several privately-owned cars that might be willing to offer someone a ride for compensation.

The example went as follows:

“But compare their [Toyota’s Gig Service] numbers to the thousands of other personally-owned cars parked on the street – most of which don’t move for the entire day. A blockchain app that allowed a trusted user to borrow a battery-powered vehicle, fun muscle car, useful pickup car or people-moving minivan could transform urban mobility.”

This shows that Toyota’s services are no different than all the other cars around it, which might make one question why such a service is present in the first place.

As for “killer app” ideas, one that was mentioned is that of an “up-to-the-second info about available parking spaces”, which also would be based off of the blockchain. This respective concept was suggested as it will help drivers reserve a parking spot beforehand, rather than having to search for one blocks away or paying excessive parking fees. The payment method in this scenario will evidently be restricted to the DAV token.

The DAV Foundation believes that the “possibilities are endless” when it comes to potential killer apps, however, it was also noted that,

“not all the ideas that people try will work out. But it’s only a matter of time – and probably sooner than most people think – before the first killer car app emerges in the blockchain era”.