Blockchain and self-driving cars – Bankless Times

Network outages are one of the biggest security risks in autonomous vehicles. While better AI (intelligence) and precise reactions are part of a better self-driving car, a secure and continuous network connection is the way such improvements can be implemented. Blockchain technology is the best contender for a secure and continuous network that can keep an autonomous car moving, improving and traveling.

Accident prevention toasters

Toasters connected to the Internet are the face of hacked devices. Although it does not seem that if a hacker knows that you are toasting to your preferences, the vulnerability of the network and the use of the toaster as part of a larger extraction operation, means larger impacts than lost toast settings. .

Badly protected devices can be violated, which means that all sensitive information you have can be used for nefarious purposes. If you do not retain information on your device, it may be hacked as part of a network. This means that while your love for the middle toast may be a valuable piece of information for you, it is not the reason why the toaster has been hacked. It may have been hacked so that the computational power could be used to extract bitcoins or as input into the network. This is not terrible for toasters, but for cars, driving on the road, taking thousands of precise decisions, a momentary pause can have catastrophic consequences.

Because it's worth it

It is worth investing in self-driving cars. They can change the transport world in the United States and can save lives. In the United States there are 40,000 people who died in car accidents in 2017, or about 110 a day. Since it is estimated that 81% of traffic accidents happen by human error, we could talk about saving 89 lives a day. That impact would be like the end of the murder in the United States several times.

It would also be great if you could save lives, but there are also huge economic benefits for self-driving cars. What if I did not have to spend time driving? The average slope is 25 minutes. And if instead of spending 50 minutes driving everyday, could you read or enjoy your coffee, or reach a member of your family? Imagine having 50 minutes a day to relax (or even start working early) instead of driving. If your time is worth the minimum wage ($ 7.25), then you're saving six dollars of your time a day!

Strong stuff

There are really interesting things that happen with cars that drive alone. From the rapid expansion on the autonomous initiative of Google X to the blockchain GM eye as a platform of choice for its autonomous fleet, there are great things at the horizon for this technology. With Jaguar trying to increase trust with fake eyes, moves towards increasing consumer confidence are at the forefront of getting independent cars on the road. Blockchain and reduced hackability play an important role in these goals.

Autonomous cars can save lives and time. While autonomous cars grow in popularity, their digital security must also be increased. Blockchain technology is the next step in the future of autonomous cars that govern the streets.