On August 20, 2019, Singapore AUH Foundation announced that the IOV BlockChain main network completed the testing, officially provided operational services, and became the world's first internet of vehicle blockchain public chain, entering the first camp of global technology applications such as BTC, ETH, EOS, IOTA, XRP .
IOV BlockChain is positioned to provide the underlying blockchain infrastructure for the smart IoV industry, which will provide decentralized application services to the user base of 1.3 billion vehicles worldwide and the $2 trillion-scale automotive consumer market. Expanded to travel-related multi-scene applications, completely subverting the traditional centralized operation mode, bringing users a new and happy car life experience. At present, IOV BlockChain has more than 1.8 million basic users worldwide. According to British BCtime media evaluation, IOV BlockChain has entered the top ten users in the world, and user activity is growing rapidly.
IOV BlockChain technology development is divided into five phase, Newborn phase, supporting the basic infrastructure chain of the vehicle network multi-application scenario; Hopes phase, providing the toolset and application framework required for decentralized application development in the field of vehicle networking, such as car network data transaction Institute, personal digital identity, sharing economy, etc.; Discovery phase, enrich the car chain blockchain application framework, better support cross-application interaction on the base chain, expand and access more intelligent car networking ecosystem partners; Beyond phase, implementation chain Up, chain, and cross-chain three-layer protocol model, support chain trading, chain storage, cross-chain trading; Freedom phase, based on the IoV blockchain to build an autonomous, autonomous IoV community ecosystem, the system is a car Providing the most convenient service, the most secure mechanism for man-made vehicles. With the official launch of the IOV BlockChain mainnet, the IOV Ecosystem is entering the Discovery technology preparation phase from the Hopes technology phase. Tens of thousands of IoV ecological scenarios are deploying the applications, establishing a symbiotic and common consensus system for cars and blockchains. Drive the global car network blockchain into the value explosion period.
It is reported that IOV BlockChain has established in-depth cooperation with Germany, the United Kingdom, Japan Automobile Industry Association, and China's regional automobile manufacturing enterprises, automotive e-commerce and car networking companies.
