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Sony further innovate on blockchain despite COVID-19 obstacles

Sony further innovate on blockchain despite COVID-19 obstacles
  • With almost every nation in the world in lockdown, there are many major tech players who are continuing to develop their infrastructure ready for the pandemics' demise. 
  • Sony announced that it had developed a new blockchain system for implementing service provision across numerous forms of transportation. 

With almost every nation in the world in lockdown due to the ongoing pandemic of the coronavirus, there are many major technology players who are continuing to develop their innovative infrastructure ready for the pandemics demise. 

One company well known for its innovative projects, Sony announced on the 23rd of April that it had successfully developed a new blockchain system for implementing service provision and data across numerous forms of transportation. This includes things like taxis, buses, trains, and so on.

Referred to as mobility as a Service, the new approach hopes to help people with data in regards to the ideal roots going to their desired destinations.

As reported by CT:

The system aims to replace a siloed, type-specific interface for each segment of the sector, whereby users pay and choose their means of transport in isolation from the wider urban transportation system — for example, by using a specific taxi-hailing app or paying for a local bus.

The new blockchain common database from Sony will be able to process data from around 7 million users on a daily basis. Furthermore, they will be able to analyse and share their anonymized travel history. Sony has noted that the new database is not limited to just mobility. It could be used in various applications for many smart cities all over the globe.

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!

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