US DOT Division FHWA to Seek Blockchain Solutions To Transform Highway Transportation
- The FHWA is seeking to award $4million contract for research into Blockchain solutions for improving transportation.
- Private Sector way ahead with the MOBI initiative
The US department of Transportation through the Federal Highway Administration (FHWA) is planning to award contracts totaling up to $4million for any research proposals submitted for Blockchain solutions for Highway administration. It has set aside a 20th March deadline for submission for topics in three major areas.
Through Exploratory Advanced Research (EAR) program the FHWA wants the main focus to be on the following three topics. Blockchain technology for Highways, Artificial Intelligence for Highways and the compatibilization waste plastics to enhance mechanical properties of asphalt cement according to a FHWA broad agency announcement.
The scope of the research of Blockchain solutions is set to include secure certificate management for car to car and car to infrastructure, highway pricing to include dynamic and auction based systems and freight data management to provide US department of Transportation with crucial data in regards to pick up, transfer and delivery routines.
Private sector’s MOBI initiative
The private sector has been in the forefront of adopting Blockchain solutions. Some of the leading car manufacturers notably BMW, Renault and Ford among others have teamed up to come up with Mobility Open Blockchain Initiative (MOBI). This is a not for profit partnership that is geared towards making transportation safer, more efficient and cheaper.
Their first project the Vehicle Identity Standard (VID) sets to make some form of a unique vehicle passport on Blockchain Technology. The VID helps identify a vehicle in highways and parking tolls without requiring any special tags.
IOT to Boost Freight Data Management.
In regards to the freight data management, the current Blockchain solution involves syncing Internet of Things (IOT) tools and protocols to Blockchain in real-time. This would go a long way towards anonymizing pickup transfer and delivery routines thus making them safer.
Walmart Canada has reportedly automated its freight and payment platform with Blockchain technology. They have since partnered with up to 70 partners in the freight industry.