Ocean Protocol partner with MOBI to utilise blockchain and related technologies to make mobility safer, greener and more accessible
The beginning of MOBI and how it was founded
In a series of meetings in late 2017 and early 2018 more than fifty percent of the world’s top automakers, along with many start-ups, tech-giants, foundations and forward thinking mobility providers met to discuss the potential of blockchain to make mobility safer, greener and more affordable.
The attendees came to the conclusion that a lack of scale and common standards were major obstacles to realizing potential benefits. As a result, the group decided to found and launch MOBI in May 2018.
MOBI would be a way for these organizations to meet in a more structured environment to organize their discoveries and conversations around the space. Since MOBI’s founding over 100 corporations, government, NGOs and nonprofits have joined the community and now actively participate in working groups, events, hackathons, weekly channel calls to promote MOBI’s shared vision.
MOBI is a nonprofit organization working with forward thinking companies, governments and NGOs to make mobility services more efficient, affordable, greener, safer and less congested by promoting standards and accelerating the adoption of blockchain, distributed ledger and related technologies.
Blockchains will increasingly impact the provision of mobility services since it enables business networks to reduce the cost of coordinating their activities. MOBI hopes to build a worldwide network of cities, infrastructure providers, consumers and producers of mobility services in order to hasten the adoption of this technology and realize its many potential benefits.
Ocean Protocol contribute $1 Million to the MOBI Grand Challenge
MOBI and BMW group kicked off the MOBI Grand Challenge, a 3 year initiative which commenced in late 2018 to accelerate the development of autonomous vehicle technology and data sharing which Ocean Protocol are proud to support.
With a $1 million commitment over 3 years, Ocean Protocol is a cornerstone partner to help make data and services available to solve challenges to coordinate vehicles, identify obstacles and route autonomous cars.
The Grand Challenge commenced on October 12, 2018 and culminated with a public demonstration of selected technologies at an event hosted by the BMW Group, MOBI and Trusted IoT Alliance, in Munich, Germany on February 15, 2019.
The goals of MOBI, Trusted IoT Alliance and the automakers are aligned with those of Ocean Protocol. The Grand Challenge is an excellent forum to bring the public, government, industry and academia together, while unlocking data and services for problem solvers. Working together accidents, congestion and environmental impact of mobility can be significantly reduced, while increasing the flow of goods and improving accessibility to everyone.
The winners of this first phase received $100,000 in Ocean Tokens. A further $900,000 worth of Ocean tokens will be granted over the next 3 years in later phases of the Grand challenge.
MOBI press releases
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After looking into the partnership between Ocean Protocol and MOBI its very impressive as to how this could greatly benefit the future of autonomous vehicles among other usercases.
MOBI have a very impressive board of directors and advisors with Chris Ballinger as Founder and CEO.
Some of the advisors come from companies such as Toyota, Hyperledger, Outlier Ventures, Accenture and trusted IoT alliance.
What is even more impressive is the array of top quality Community Members MOBI have acquired, below is a short list but is not limited to the following:
- GROUPE RENAULT
- CP CHAIN
- FETCH AI
- SWEDISH BLOCKCHAIN ASSOCIATION
- BIGCHAIN DB
- OCEAN PROTOCOL
- QUANT NETWORK
It will be very interesting to see where this partnership leads and what outcomes arise from the mutual collaboration of all parties involved, already much has been achieved if you look through the press release page.