The Mobility Open Blockchain Initiative (MOBI), a consortium formed last year to harmonize the development of DLT across the car industry, is using Ocean Protocol to create a data sharing standard and use federated machine learning to help OEM's get autonomous vehicles on the road quicker.
It’s no secret that Waymo, the self-driving technology development company owned by Google parent Alphabet, is further ahead than anyone else in terms of how much data it has collected. However, if you run the numbers, says Chris Ballinger, the founder and CEO of MOBI, it could still take many years for Waymo get there on its own. Ballinger, the former head of mobility at Toyota, estimates that Waymo is accumulating a million miles of self-driven miles a month, adding: “So you can say in miles it’s going to take millennia. Something has to be done and obviously it will speed up as more cars get on the road. Once everybody gets involved and once they start sharing it will be an order of magnitude increase.”