BUILDING ON THE BLOCKCHAIN

From Insights Movinon

One line description: BUILDING ON THE BLOCKCHAIN

Description: What added value does blockchain offer for the new mobility?

  • Understand the role of blockchain in the sharing economy, the scaling of networks, and the building of trust.
  • Discover blockchain’s potential for network management.
  • Explore the interoperability of access due to blockchain

Image:

Pexels-photo-1089438.jpeg

Organization: MONTREAL LIVING LAB

Participants:

Category: INNOVATIVE TECHNOLOGIES

Theme: blockchain, bottom up & Peer2Peer

Leader: GUAY Louise

Facilitator: CABRE Stephanie

Expert: GELINAS Steve, NGU CHO Pascal, ROUSSELOT-PAILLEY Yann

Action: Identify or Produce a Resource useful for a community or a project, Experiment or Implement a product or service in a specific context or territory

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Chat discussion canal : https://chat.fabmob.io/channel/movinonconf

Next Step :

Feel free to comment, complete and join this initiative !

FROM THE MINUTES 2018

Blockchain isn’t just for Bitcoin. Developed as an autonomous ledger for digital currency, blockchain has applications beyond cryptocurrency. Blockchain has very few impacts today; it is only the beginning. Currently, companies such as UPS, FedEx and Maersk are experimenting with blockchain to manage shipping operations, but in the future blockchain may also help companies manage trust. “If they do not trust you, they will not do business with you,” Pascal Ngu Cho claims, referring to both customers and partners alike.


LIKE THE INTERNET, BUT TRUSTWORTHY

The collection of data allows consumers to see whether an expert is actually an expert. Companies can leverage blockchain technology to raise the level of consumer expectations. According to Yann Rousselot-Pailley: “Blockchain is trustability by itself. Keeping track of what an expert is doing for his customer is a good way of knowing if he is really an expert.” It contributes to an evolution from an anonymous internet to a system where more transparency means a better understanding of who owns and shares data.


WHAT IS BLOCKCHAIN?

A collection of autonomous data modules created when people make transactions, and connected to form a chain of data. Think of it as an Excel spreadsheet that records transactions and is continually updated.


"Today we are in a crisis of identity. Anonymous impersonation makes the internet trustless." - Louise Guay


LINKED MOBILITY

Blockchain can help bring companies together to create a sharing ecosystem. In this system, users who own vehicles (a bike or car), or property, would enter a record of these items for people to share. Presently, this concept exists within companies such as Airbnb and Turo, but they operate as silos, keeping their data to themselves.


TAG, RESTRICT, SHARE, REPEAT

With blockchain, your personal transaction data can become a nugget in the chain. This chain would have rules and restrictions for which systems and companies your data could interact with. “The value in blockchain is that the technology can empower individuals,” adds Pascal.


AUTOMATED FREIGHT

Blockchain traces cargo, duties and classifications, and automates the existing broker relationship, thus creating a chain of data that encompasses the beginning to end of the shipping cycle.


LISTS, LISTS EVERYWHERE

To better understand the impact of blockchain on trust, read this article in The Economist.