Event

According to experts, German motorists spend some 41 hours each year looking for somewhere to park, which costs them around 896 euros in gas or alternative fuels. Based on the total number of motorists in Germany, this adds up to approximately 40.4 billion euros per year, as indicated in the Digital Auto Report 2021. At IAA Mobility 2021 in Munich from September 7 to 12, Bosch and its collaboration partners Fetch.ai, Ocean Protocol and Datarella are therefore demonstrating and testing how artificial intelligence (AI) and decentralized technologies such as blockchain can make the task of looking for somewhere to park both faster and smarter. Visitors to the “Blue Lane” in Munich can control a test vehicle and see how it looks for a free parking space, negotiates the price and parking time, and theoretically initiates payment as soon as the vehicle leaves again – all based on preset preferences. “We see this as an example of a typical ‘Economy of Things’ scenario in the mobility sector, with IoT complemented by an exchange of values,” says Dr. Nik Scharmann, who is in charge of the Bosch Research “Economy of Things” strategic advance engineering project.

How can Distributed Ledger Technologies (DLTs) be scaled using the Perun framework? On January 20, experts from Bosch and the Technical University (TU) of Darmstadt will be answering these and many other practical questions in an interactive webinar designed to encourage very lively experience sharing. This one-hour online event will begin at 11 am (CET). DLTs such as blockchain can be very storage and energy intensive if transactions are processed on a decentralized basis in real time. That is why Bosch and its partners have developed a second-layer protocol that makes it possible to scale DLTs in line with economic and ecological considerations. TU Darmstadt and Bosch collaborated on an initial open-source implementation as part of the “Direct State Transfer” project on GitHub. With the project growing in technical maturity, the next organizational step was taken in August 2020. The framework is now being developed further as a Hyperledger Labs project under the name “Perun”.

The value of a future GAIA-X infrastructure can be assessed using a market that aligns all stakeholder utilities. By choosing the right-to-use approach, long-term consistency between utilities from all stakeholders can be ensured – i.e. stakeholders with a high overlap of common goals come together. Right-to-use can be translated as a token design for the digital realm. GAIA-X tokens secure funds for building the infrastructure and continuously measuring future value growth. That also means digital right-to-use is a game changer for transforming GAIA-X into a new kind of powerful digital cooperative. This is a brief summary of what Nik Scharmann and Christian Heise, the Project Directors of “Economy of Things” at Bosch Research, presented at the virtual GAIA-X Summit on November 18 and 19.

The team behind the “Economy of Things” strategic advance engineering project at Bosch Research will present the topic “Decentralized energy trading infrastructure – privacy-preserving residential energy auctioneering” at the Blockchain Expo Europe 2020 on November 25. In particular, the pre-recorded video presentation will focus on the aspects of peak load shifting and energy auctioning using multi-party computation (MPC), controlling household data with self-sovereign identity (SSI) concepts, and the Economy of Things principle of coopetition in decentralized energy coordination systems.

At Bosch Connected World 2020, some of the world’s most innovative and influential Internet of Things (IoT) leaders share novel strategies, best practices, and instructive case studies relating to IoT-driven products, services, and solutions.

Bosch, EnBW and Siemens have jointly developed a Proof of Concept that makes the future of the EoT tangible: A Bosch-modified e-car communicates via blockchain with a Siemens traffic light to gain access to a site and then with an EnBW charging pole for the loading process. The transactions required for identification, authorization and payment are processed autonomously on a blockchain via a Smart Contract, which contains the contract conditions for the vehicle, traffic light and charging station. A technological milestone that was only possible thanks to the proactive, open and cooperative approach of the three partners. “It took less than three months from idea to implementation. This speed could become a success factor in in setting up an EoT,” says Christian Heise, deputy project director EoT at Bosch.

Event designed for multinational corporates who want to deeply immerse into the topic of decentralized platforms and their fundamental implications for different industries.