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Trend report of automobile industry blockchain in 2021 From Deloitte & ant chain

The following is the Trend report of automobile industry blockchain in 2021 From Deloitte & ant chain recommended by recordtrend.com. And this article belongs to the classification: Blockchain, Deloitte Consulting , Automobile industry.

The automotive industry is experiencing the most drastic technological change in half a century: power batteries replace engines and gearboxes, software and data are more important than mechanical hardware, and a simple travel carrier has become the fourth space for intelligence and mobility. In order to let consumers dispel their doubts about emerging technologies, strengthen their trust and dependence on digital services, and identify the responsibilities and rights for data security and quality problems, the automotive industry needs to build a new trust relationship. Therefore, technology executives have turned to new technology paradigms to solve the pain points of current development and deal with potential business opportunities. Among them, blockchain technology is expected to become the technical base for the automotive industry to build basic trust.

Deloitte and ant chain jointly produced the report “trend report of automobile industry blockchain across the” trust “gap”, which combs the foundation, high potential scenarios, obstacles to technology implementation and prospects for large-scale application of blockchain in the automobile industry, assists host manufacturers to seize the value opportunity of blockchain and provides inspiration and ideas.

1、 The automotive industry needs blockchain

The automotive industry is undergoing the most drastic changes in nearly half a century. The focus of industrial development is undergoing a drastic transformation towards the new four modernizations and digitization represented by “Internet connection, intelligence, electric power and sharing”, and promoting the reconstruction of value chain, profit structure and core technology stack of automobile enterprises; Positive changes have taken place in consumer behavior, the demand for motorized and intelligent driving services has increased significantly, and the digital maturity is higher. They are willing to interact directly with automobile manufacturers and pay attention to the digital experience of all links; The form of automobile products is also changing, from mechanical hardware to software and algorithm driven mobile intelligent data terminal and intelligent service carrier; The ecosystem has accelerated fission, and car enterprises have established new cooperative relations with intra industry and cross industry partners and upstream and downstream enterprises of the ecological chain; With the transformation of automobile product form towards terminal and the development trend of the new four modernizations, the focus of industry supervision has changed, especially strengthening the supervision of data privacy and security.

The essence of blockchain is a multi-party consensus system and a strong security mechanism under an open architecture. It integrates distributed storage, point-to-point transmission, encryption algorithm, consensus mechanism, smart contract and other technologies to create a trust environment with immutable data, traceable records, strong privacy protection and process automation for participants. The natural advantages of blockchain in data sharing, data traceability, industry credit enhancement, privacy protection and process efficiency, which directly hit the current pain points and difficulties of the automotive industry, will become the technical base for the automotive industry to build basic trust ability.

Blockchain can be used as an independent solution, but to play a greater role and release greater value, it needs to be deeply combined with artificial intelligence, automation, Internet of things, privacy computing and other technologies to rebuild an end-to-end process scheme or basic protocol to jointly promote the solution of industrial problems. At the same time, in order to speed up the landing and solve the problems of efficiency or threshold, more integrated services of cloud, end and chain will be provided in the future, and these services will sink into various chips / modules / operating systems and be solved from the source.

2、 Exploration and practice of Global OEMs

Deloitte has studied more than 50 cases of applying blockchain technology in the global automotive industry, screened and integrated them according to their application direction and purpose, and summarized five categories: tracking and visibility, traceability and verification, automation process, v2x and data application.

Generally speaking, blockchain practice in the automotive industry focuses on traceability, data application and v2x. From the perspective of application maturity, the attempt of automobile blockchain has made phased progress. In particular, the number of use cases from concept verification to pilot and application has increased significantly in the past year. Due to the accelerated digitization process of the epidemic and the needs of industrial transformation, the large-scale landing time of blockchain technology applications in the automotive industry may come in advance, especially tracking and traceability applications are expected to be fully launched in 2025.

Scenario 1: tracking and visibility

The automotive industry has one of the most complex supply chain networks in the world. At present, digitization is only limited to some scenarios within enterprises or organizations, while cross regional, cross level and cross organization data cooperation and sharing have not yet been realized. Taking parts procurement as an example, the technical scheme of Internet of things plus block chain can help upstream and downstream enterprises including parts manufacturers, agents and dealers to view the production process and logistics distribution information. At the same time, combined with artificial intelligence, it can establish the prediction of parts demand and the judgment of logistics environment. The cooperative enterprises on the chain can fully grasp the production data and inventory level, and provide efficient services to customers according to the real-time updated information.

Scenario 2: traceability and verification

On the basis of data sharing and visibility, the blockchain plus Internet of things scheme can also establish a unique identification code for each vehicle and each key part, and establish a life-cycle tamper proof and distributed storage data file for it, so that the information of each transaction, maintenance and claim settlement can be truly recorded and stored, allowing enterprises on the chain to reverse query and trace the source. For the main engine factory, traceability and information verification are very important. They are not only an important basis to ensure the quality of parts and distinguish authenticity, but also help to solve the risks of fraud and fraud in auto finance, insurance, leasing and other scenarios. At the same time, they also create a fair and credible consumption environment for consumers and protect consumers’ right to know.

Scenario 3: Process Automation

The continuous expansion of automobile import and export business has higher requirements for the informatization of automobile product logistics. With the expansion of the scope of supply chain management, automobile manufacturers and partners need safe information exchange and sharing. Therefore, the integration of logistics information needs the support of a good platform to achieve the synchronization of logistics and information flow. Through blockchain technology, the operation process of all parts transportation can be recorded on the chain, so as to realize the paperless whole process of import delivery. The whole vehicle factory can conduct safe and real-time exchange of auto parts freight data with partners. Establish close contact between the consignee, freight forwarder and maritime carrier, simplify the verification steps, and complete the verification, agency, payment, bill collection and other processes required in the process in one stop, which greatly saves time and labor cost and improves the business operation efficiency of participants in various industries.

Scenario 4: v2x

With the expansion of the scale of networked vehicles, the scenario of interconnection of all things may come earlier than expected. V2x (including in vehicle network, inter vehicle network and on-board mobile Internet) is an important application field of the Internet of things. With the expansion and diversification of networking devices, cars will participate in a broader IOT network. At that time, the car will have a virtual identity and digital account in the Internet of things, and can conduct safe, reliable and real-time information interaction, data connection and data transaction with other traffic participants such as vehicles, traffic infrastructure, energy facilities and traffic management departments in real time.

Scenario 5: Data Application

As the data of intelligent networked vehicles become more and more abundant, the main engine factory hopes to effectively apply and manage these data. Especially under the trend of software defined automobile, the added value of the automobile industry has shifted from vehicle sales to software services and data realization in the whole life cycle. The value creation of data is reflected in many aspects, including algorithm model optimization, user experience improvement, customized vehicle insurance, personalized service push for consumers, user rights and interests incentive, and data sharing and transaction between vehicles after realizing high-level automatic driving in the future.

Observation on the application trend of blockchain Technology

Trend 1: take multiple measures to explore the application value of blockchain

Blockchain has become an indispensable and important technology, and has increasingly become the strategic focus of the automotive industry. In terms of specific deployment modes, it includes not only the way to create their own blockchain solutions and cooperate with existing blockchain enterprises or solution companies, but also the modes of investing in blockchain start-ups and establishing industrial blockchain alliances.

Trend 2: accelerate the innovation of alliance chain and promote the establishment of technology ecology and standards

Blockchain is not an underlying technology to improve production efficiency. Its essence is to provide an idea to solve the problem, that is, how to promote multi-agent efficient cooperation and business process reengineering in some complex application scenarios with high friction cost and low trust based on the improvement of efficiency of existing technologies, so as to realize business value.

Challenges of large-scale implementation of Technology

Business challenges: blockchain technology represents a completely decentralized distributed network, and its greatest value lies in creating a win-win ecosystem with an “Impossible Triangle”. At present, some blockchain practices in the automotive industry belong to enterprise applications, focusing more on performance, security, privacy protection, regulatory compliance, etc., at the expense of decentralization, This is contrary to the original intention of blockchain to emphasize cooperation and sharing, and also makes it difficult for applications to be commercialized and expanded on a large scale.

Technical challenges: the computing efficiency and response speed of the blockchain are difficult to meet the technical requirements of real-time data throughput, low latency and high bandwidth of future intelligent networked vehicles. There are certain technical bottlenecks and application scenarios.

Regulatory Challenge: the original design intention of blockchain is in contradiction with the traditional regulatory concept and model. At present, there is still a lack of legal and regulatory guidance, norms and constraints on the development of the industry, including digital assets, data protection and privacy protection. At the same time, its own anonymity not only protects users’ privacy, but also increases the difficulty of supervision.

Across the pilot, the automobile blockchain is maturing

On the premise of all-round insight into the value of blockchain, the enterprise will follow the “three-step principle” to deploy and apply blockchain Technology:

Determine the priority use cases of blockchain in combination with the main pain points and challenges faced by the enterprise

Proof of concept to demonstrate feasibility and potential value

Scale up with the full participation of ecological partners

epilogue

Doubts about blockchain are further fading, and blockchain is steadily rooted in various industries, departments and applications. For the automotive industry, blockchain has become an indispensable technology and will form the underlying technology stack of the future automotive industry together with disruptive technologies such as the Internet of things, artificial intelligence, cloud computing and big data. Enterprises that take the lead in responding to the blockchain are bound to occupy a favorable position in the competition.

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