• Sat, 16 Feb 2019, 07:00 AM
  • All times are UTC
  • Edition:
    International
Link copied

Evernym joins Mobility Open Blockchain Initiative to bring self-sovereign identity to automotive and IoT

Mon, 08 Oct 2018, 06:32 am UTC

Evernym, a blockchain startup focused on digital identity, has announced that it is joining the Mobility Open Blockchain Initiative (MOBI).

Launched earlier this year, MOBI is a blockchain consortium that aims to make transportation safer, more affordable, and more widely accessible. Founding members include automotive giants BMW, Ford, General Motors, Groupe Renault and others, as well as a number of tech companies and startups including Accenture, BIM, ConsenSys, Hyperledger, and many others.

“We view MOBI as an important catalyst for innovation. It’s a forum that brings the automotive industry together to explore blockchain and distributed ledger technology,” said Nick Ris, VP Business Development Americas for Evernym.

Founded in 2013, Evernym is the creator of Sovrin, a platform for every person, organization, or IoT device to have “self-sovereign identity” (SSI) which enables them to control their own identity data (often provided by trusted institutions) on their individual devices.

In its official release, Evernym explained that cars, like people, have a digital identity problem. It added, “Cars that connect online will soon need to assert their own identities and be able to verify people’s identities in ways unthinkable just a few years ago.” With the internet of things (IoT), the issue becomes a global one spanning various areas from smart TVs to pacemakers to vacuums and thermostats and beyond.

“We see big potential for things to strongly prove identity along the manufacturing supply chain and entire life cycle, as well as validate users’ identity while in use,” Ris said, adding that Evernym can improve the experience of ownership for many connected objects and even allow for complex use cases, like car sharing.

“There are already more connected devices, including cars, than human beings and the ratio is getting more skewed. As one of the leaders in the self-sovereign Identity space and inventor of the Sovrin network, we welcome Evernym to MOBI and look forward to their participation on the identity topic. We share a common goal to get identity right,” Chris Ballinger, CEO and co-founder of MOBI said.

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
More
  • Bitcoin (BTC) $3,630.76 (-0.03%)
  • Ethereum (ETH) $122.85 (-0.09%)
  • XRP (XRP) $0.302100 (-0.38%)
  • Litecoin (LTC) $43.57 (+1.95%)
  • EOS (EOS) $2.81 (-0.02%)
  • Bitcoin (BTC) $3,630.76 (-0.03%)
Feb 15, 2019 (Friday)
10:50
Dutch firm ElaadNL taps IOTA technology for autonomous smart grid PoC
09:39
Rabobank pumps ‎€80M into venture fund to drive fintech and agtech investments
09:06
Enterprise Ethereum Alliance to launch token task force in 2019
07:21
BitTorrent unveils new payment card for BTT tokens
06:09
Luxembourg lawmakers pass blockchain bill into law
05:11
Canadian crypto exchange Coinsquare acquires StellarX
04:12
JP Morgan reveals key details of Quorum Blockchain-based JPM Coin
03:41
Samsung SDS develops blockchain accelerator technology to enhance transaction processing speed
Feb 14, 2019 (Thursday)
12:11
JP Morgan to trial own cryptocurrency ‘JPM Coin’ for instant client payments: Report
11:04
Intel announces new product to accelerate blockchain deployment
09:47
Huobi Wallet adds support for Japanese and Korean languages
09:11
US CFTC includes cryptocurrencies in 2019 examination priorities
07:24
Nasdaq to launch Brave New Coin Bitcoin and Ethereum indices on February 25
06:07
Italian interbank blockchain project enters pre-production phase
05:14
Enterprise Ethereum Alliance opens regional office in China
04:16
UC Berkeley launches blockchain accelerator for early stage startups
03:39
Former JPMorgan Chase executive joins blockchain startup Vakt as CEO
Feb 13, 2019 (Wednesday)
11:46
New feature to enable Coinbase Wallet users to backup private keys on Google Drive and iCloud
10:52
Hyundai Commercial partners with IBM to create blockchain-based commercial financing platform
09:45
Gibraltar Blockchain Exchange lists ICNQ token on GBX-DAX
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft