German-based non-profit organisation IOTA Foundation is partnering with US smart mobility testbed company International Transportation Innovation Center (ITIC) to build a global alliance of smart mobility testbeds.
Dominik Schiener, Co-Founder of IOTA, said: “The ITIC Mobility Testbed Alliance will serve as a proving ground for new business models and new technology approaches with IOTA distributed ledgers.
“We look forward to showing how IOTA-based mobility services can dramatically improve the efficiency and scalability on the transactional level and how the IOTA Data Marketplace can be leveraged to buy and sell vehicle and infrastructure test data across participating testbeds.”
The ITIC Mobility Testbed Alliance will develop and use virtual, augmented and physical testing methods in trialing and certifying artificial intelligence-based mobility services for smart city environments.
Smart mobility market
The aim of the testbed is to make use of data acquired from the testbeds in developing global standards for smart mobility services.
Both public and private owned testbeds will participate in the ITIC Mobility Testbed Alliance initiative.
The ITIC Mobility Testbed Alliance will make use of IOTA’s data market platform in helping technology companies develop smart mobility, energy related and supply chain management related applications.
Dr. Joachim Taiber, CTO at ITIC, added: “The age of a shared data economy for mobility services requires standardized ways of performing data transactions considering security, scalability and sustainability criteria across very large sensor and actor networks as well as access to high quality test data.
“And this is also a global business, therefore our model of funding smart mobility innovation projects will have to work across multiple testbeds, multiple stakeholders whether on the vehicle or infrastructure side and across markets.”
ITIC Executive Director Jody Bryson remarked, “We started ITIC originally as a local initiative in South Carolina to support our fast growing local automotive ecosystem from a vehicle and infrastructure innovation and testing. I am very pleased to see how our strategic partnership with IOTA and their engagement with the ITIC Mobility Testbed Alliance brings mobility ecosystem innovation to a new level across an international network.”
IOTA Co-Founder David Sønstebø said, “The IOTA Foundation is setting up a comprehensive Automotive and Transportation Working Group; this collaboration between The IOTA Foundation and the ITIC on the Mobility Testbed Alliance represents the first official move towards this important goal. It’s important for us that to stress that this is the first stage of a large vision that will unfold throughout 2018.”