XAIN and Infineon to Revolutionize Automotive Industry by Using Blockchain and AI Technology
XAIN & Infineon Technologies Revolutionizing the Automotive Industry Using Blockchain and AI Tech
Blockchain has been integrated into many industries so far and the automotive industry just joined the list. XAIN, a startup based in Berlin, will bring its advanced AI technology to the table while Infineon Technologies will be offering its hardware technology in the form of advanced microcontrollers.
Utilizing Artificial Intelligence and Blockchain Technologies
One of the main challenges of integrating Blockchain technology in automotive is that traditional microprocessors typically used in vehicles do not have the capacity to create the relevant data blocks. Infineon Technology has come up with a solution to this: it has created new Infineon AUTRIX microcontrollers that are compatible with Blockchain and AI technologies.
XAIN, on the other hand, has modified its AI technology to make it compatible with Infineon’s new microprocessors. It has developed a new hybrid structure that accommodates the shortcomings of vehicles’ microcontrollers.
Improving Access and Control
XAIN and Infineon have big plans in mind. However, their partnership will help to improve accessibility and control of vehicles. Some of the outcomes to look forward to include:
Keyless Access to Vehicles
Keyless vehicles are by no means a new concept. However, the new partnership between Infineon Technologies and XAIN stand apart from the competition for the security and convenience it affords users.
Infineon Technologies has developed a new hardware security module that is much more powerful than ordinary microprocessors. This new HSM will be used to store digital keys on the vehicle. It also affords users other functionalities including signing soft documents digitally and even hashing, among others.
Automatic Recognition and Car Sharing
Vehicle access is one of the main pillars of this partnership between Infineon Technologies and XAIN. And, besides the convenience it offers, it comes with many other benefits including making car sharing easier.
The second-generation microprocessors by Infineon Technologies will utilize Blockchain technologies to automatically recognize anyone who enters a vehicle. This technology is designed to identify a vehicle’s owner before granting access to any control. It is also possible to delegate access to other people and even customize the features that they can and cannot access – this goes a long way in enabling easy and quick car sharing.
One of the greatest benefits of Blockchain technology is the security it affords users – in fact, major financial institutions around the world are already looking at ways of implementing Blockchain technology on their existing platforms. Keyless vehicles with integrated digital technology afford better user experience but they are also prone to security risks such as hacking. This will not be the case with keyless vehicles bearing Infineon Technology’s and XAIN’s AI and Blockchain technology in two ways.
For starters, XAIN’s AI technology will restrict access to all functionalities if the driver is unrecognizable. What’s more, it will be possible for a vehicle’s owner – and anyone else with full access – to control the vehicle remotely using a smartphone app.
The automotive industry is progressing technologically on many fronts and the latest undertaking by Infineon Technology and XAIN may be a game-changer. However, the partnership is still in its initial phases and the larger public may have to wait a bit longer to enjoy the benefits and conveniences that come with it.