Sony announces a blockchain-based database platform
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Answer Sony announces a blockchain-based database platform
The multinational giant Sony Corporation has announced its Blockchain Common Database (BCDB) platform, which will use blockchain technology to improve Shared Transfer (MaaS).
Developed independently by Sony Corporation, the platform will be a next-generation digital service integrating multiple transport systems and services.
BCDB for Transportation Optimization:
MaaS integrates a variety of modes of transportation, including trains, buses, car sharing, on-demand mobility services, and even bike rentals.
All this is enabled by IT and cloud technology, which provides users with necessary data on routes to specific destinations, recommended transportation routes as well as additional services.
It also provides specific details about the itinerary, travel time and total cost of the chosen service, essentially the entire process of arranging the trip.
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Data optimization and rationalization:
Sony announced in press release Yesterday, that the shared blockchain database will contain high-speed information processing technology that will make things easier for more than 7 million users who travel and commute daily, the service will enable them to track and share their personal travel activity, especially in major cities.
Sony already has the relevant experience, having previously participated in the Blockchain Challenge Program of the Ministry of Infrastructure and Water Management in the Netherlands, which I worked on in 2019.
The company led the verification test provided by the Dutch government agencies, which ended in March 2020, and was the only one that met the ministry’s specifications.
Organizations in Europe are already proactively trying to implement a variety of measures to promote MaaS.
The use of Sony’s new technology in the digital transport environment could lead to significant improvements in travel efficiency and rationalization, movement records management and revenue allocation.
According to Sony, BCDB is used for faster data processing and is not limited to “MaaS only.” The common database platform may be able to use it as a tool to record and share various forms of sensor data related to the potential development of smart cities.
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Many other companies are joining the blockchain technology for different purposes, among them Microsoft, Circle, Intel, Visa, Amazon, Walmart…
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