Terracuda for autonomous vehicles
Towards an intelligent transportation system
Internet of Vehicles (IoV) is an emerging solution that is believed to support in realizing the vision of Intelligent Transport Systems (ITS). IoV enables the integration of smart vehicles with the internet and system components attributing to their environment such as public infrastructure, sensors, multi-access edge computing (MEC), pedestrians and other vehicles. By allowing the development of a common information exchange platform between vehicles and heterogeneous vehicular networks, this integration aims to create a better environment and public space to the people as well as to enhance safety for all road users. The underlying information exchange platform of IoV needs to be secure, transparent, traceable, immutable with automation in order to achieve the intended objectives. IoV applications enabled by blockchain supports all the initiatives, thereby becoming an extremely important component within the ITS framework
Case Studies
Decentralized on-demand ride-sharing
IoV provides the opportunity to develop cooperative ride sharing platform for autonomous vehicle companies. This platform is able to share their spare resources (unutilized nearby vehicles) in providing such services with a revenue share model between vehicle operators. However, these vehicle operators may not trust each other, and therefore blockchain plays an important trust role in this scenario. By integrating economic benefits into the model, these vehicle operators will be encouraged to participate in resource sharing. Thereby improve service experience for customers, reduce both congestions and carbon emission
Content broadcasting services
Content broadcasting in IoVs aims to improve in-vehicle services as well as safety applications such as advertisement, online-shopping, entertainment services and emergency information announcements. Here, a combination of deploying blockchain integrated 5G Multi-Access Edge Computing (MEC) nodes, that plays an important role with reduced latency for enhanced experience. Content services on the other hand, can be automated and executed via smart contracts to ensure both privacy and security.
Interconnected autonomous vehicle sensors, actuators with 5G wireless connectivity and MEC cloud nodes
Autonomous vehicles generate data and communicate with other vehicles on the consortium blockchain network
Service requirements are broadcasted across the blockchain, and data are stored through a distributed storage network (IPFS) hosted on the MEC nodes
To guarantee both security and data privacy in this autonomous vehicle framework, we can include an integrated Federated Learning (FL) solution onto the Terracuda.Ai decentralized network
Terracuda integrated 5G MEC unlocks new service potentials for autonomous vehicles
Value Proposition
Trusted Automation
Leverage P2P model with built-in smart contracts to securely connect autonomous vehicle operators, passengers and in-vehicle services
A verifiable ledger of historical data from service providers, autonomous vehicles and users needed for insurers and third parties
Data precision
Navigation data is shared securely with privacy to improve autonomous driving through blockchain integrated federated learning at the network edge
Busines Models
Enables multiple business models from in-vehicle broadcasting, ride sharing, data protection management to traffic control and management