{"id":259935,"date":"2020-05-09T13:45:16","date_gmt":"2020-05-09T17:45:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=259935"},"modified":"2020-05-09T13:45:16","modified_gmt":"2020-05-09T17:45:16","slug":"south-korean-smart-city-to-test-blockchain-for-self-driving-cars","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/south-korean-smart-city-to-test-blockchain-for-self-driving-cars","title":{"rendered":"South Korean \u201cSmart City\u201d to Test Blockchain for Self-Driving Cars"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Sejong City, a region in South Korea notable for incorporating advanced technology into daily life, is putting the final touches on testing a new blockchain platform that will help autonomous vehicles.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Local news source <a href=\"http:\/\/www.ajudaily.com\/view\/20200508135754098\">Aju Daily<\/a> broke the news earlier this week, explaining in a\u00a0<\/span><span data-preserver-spaces=\"true\">report<\/span><span data-preserver-spaces=\"true\">\u00a0that the new system will help optimize the identity verification methods of the vehicles.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Autonomous Vehicles\u2019 Identification Systems\u00a0<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Sejong City is South Korea\u2019s futuristic city being powered by different tech solutions, including self-driving cars. The city has been a focal point in the South Korean government\u2019s development plan, as the government has come to test several smart city solutions there before rolling them out to mainstream Korea.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As Aju Daily confirmed, the city\u2019s government announced on Friday that it would be developing a blockchain-based method to perform identity tests for self-driving cars across the city. Per the report, the country\u2019s Ministry of Science and ICT, alongside Korea Internet &amp; Security Agency, will spearhead the creation of the identity administration and watchdog platform.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The South Korean government reportedly believes that the latest innovation will aid the South Korean intelligence and security agencies, providing them with credible data to fight crime in Sejong city &#8211; and hopefully, all of South Korea in the near future.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The report explains that the government plans to use blockchain\u2019s ability to identify cloned identities. They also claim that the identifier, currently called the Decentralized Identifier (DID), will be produced in collaboration with Sejong City government and several private shuttle transportation service producers in the country.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The DID will use multiple levels of encryption to share data among cars, and between cars and other road facilities. This new system has been dubbed \u201cVehicle to everything\u201d (or V2X) communication.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In addition, the security information shared will be communicated with the city\u2019s main control tower. Although self-driving cars have not become popular in South Korea, the tech solution is the government\u2019s way of getting ahead of criminal associations that might be looking to hijack the self-driving cars once they become prominent.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The South Korean government\u2019s latest use of blockchain-based tech to forestall crime is not an isolated event. In fact, it\u2019s just the latest on an ever-expanding list of policies that Seoul has embarked on to lead in blockchain innovation.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The government has even taken a shine towards cryptocurrencies, In April, the Vice Minister of Strategy and Finance, Koo Yun-Cheol,\u00a0<\/span><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/www.fnnews.com\/news\/202004170914429872\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">said<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0at a strategy meeting that the technology provides a \u201cgolden opportunity\u201d for both public and private institutions to take advantage of.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Vehicle Tech Continues to Embrace Blockchain<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">The DID also marks another addition to blockchain\u2019s use in the automobile industry. Back in March, leading German car manufacturer, BMW announced that it would be\u00a0<\/span><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/www.press.bmwgroup.com\/global\/article\/detail\/T0307164EN?language=en\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">rolling out<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0a blockchain solution to ten of its independent suppliers this year.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As the company explained at the time, the technology &#8211; which it dubbed PartChain &#8211; will help optimize traceability and data transparency for vehicle components across different supply chains that cut across countries.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">BMW explained that it had tested the technology in 2019, with a pilot program that implemented the solution to purchase and track front lights. The company applied the solution at two of its 31 plants, as well as three locations of Automotive lighting, one of its suppliers.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Andreas Wendt, a board member who handles the company\u2019s supplier and purchases network, confirmed that they would be looking into expanding the solution to even more suppliers.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Sejong City, a region in South Korea notable for incorporating advanced technology into daily life, is putting the final touches on testing a new blockchain <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/south-korean-smart-city-to-test-blockchain-for-self-driving-cars\" title=\"South Korean \u201cSmart City\u201d to Test Blockchain for Self-Driving Cars\">[&#8230;]<\/a><\/div>","protected":false},"author":1770,"featured_media":259936,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[5001,10762,10763,4135],"class_list":["post-259935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-bmw","tag-partchain","tag-sejong-city","tag-south-korea"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - 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