Copy link
Increase text size
Decrease text size
Link copied

Deutsche Telekom's T-Labs launches blockchain e-mobility pilot 'Xride'

Image Credit:

Fri, 13 Sep 2019, 03:31 am UTC

T-Labs, an innovation unit of leading German telecom firm Deutsche Telekom, has rolled out a new blockchain-based e-mobility pilot called Xride.

As per a press release, Xride will run on the ståx blockchain platform, which will connect blockchain technologies altogether into one operating stack, making it easily manageable between enterprises. In the Xride pilot, the T-Labs-developed ståx platform can offer shared deployment, allowing blockchain nodes to run on machines, devices, and clouds.

In Xride, historically centralised functionalities like identity management, data verification and storage, payments and charging are fully decentralised. This allows for a less costly, more secure and more efficient vehicle sharing that benefits both providers and the user,” John Calian, T-Labs Senior Vice President and Head, said.

T-Labs revealed it has collaborated with other companies to realize the pilot project. RIDDLE&CODE, Bundesdruckerei, and Jolocom will provide software and hardware layers to enable full decentralized identity verification and identity management. Giesecke+Devrient Mobile Security and Ubirch are responsible for trusted connectivity and transport of cryptographically verifiable data from an eSIM card to ståx.

Meanwhile, Simple Mobility and Telekom Mobility Solutions will both “cooperatively compete” with the Xride services.

The project will initially concentrate on a fleet of electric scooters used by employees working at Deutsche Telekom’s headquarters in Bonn. Participants will interact with the Xride mobile app, swap batteries on the go at installed stations, and share feedbacks with T-Labs.

T-Labs said the pilot, will run for 4 weeks between September and October, can be beneficial for health care, utility networks, and logistics in the future.

In May, T-Labs also partnered with Binance-listed project Fetch.AI to create decentralized Internet of Things (IoT) network innovations. Both companies aim to implement autonomous economic agents using the Fetch.AI’s network to incorporate them into IoT devices. Blockchain and IoT will both be used in the process.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $36,381.50 (+4.06%)
  • Ethereum (ETH) $1,239.05 (+2.99%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Cardano (ADA) $0.375900 (+2.50%)
  • Litecoin (LTC) $150.08 (+7.05%)
  • Bitcoin (BTC) $36,381.50 (+4.06%)
Feb 21, 2020 (Friday)
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
Brazil to launch new payment system in response to cryptocurrencies
Digital currency exchange Coinbase Pro lists Kyber Network token
Norwegian Air to soon start accepting crypto payments
Swedish central bank begins CBDC pilot with Accenture
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
Telecom companies complete cross-carrier mobile payments using blockchain
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
South Korean ICO project discontinued, to return $7.5M to token holders
Samsung maintains crypto support in soon-to-launch Galaxy S20
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
Coinbase becomes first crypto company to receive Visa principal membership
Dubai Economy and six banks launch KYC Blockchain Consortium
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.