Blockchain Development for Automotive Solutions
Accelerating Technology Innovation in the Automotive Industry with Blockchain-Powered Solutions
MOBI brings together BMW, Bosch, Ford, General Motors, Groupe Renault, Accenture, IBM, and others to explore blockchain’s potential in mobility
Blockchain-Based Automotive Solutions
At Oodles, we discover and develop potential applications of blockchain to improve the future of mobility. We empower the automobile business with inventive blockchain solutions ranging from vehicle manufacturing, supply chain traceability, or emerging electric car solutions to ride-sharing and more. We have evaluated blockchain opportunities across the automotive value chain and found that its characteristics can:
Authentication and operational efficiency
Enhancing efficiencies across the supply chain and back-office operations
- Parts authentication and traceability
- Smart supply chain
- Specific vehicle recalls
- Know your supplier (KYS)
Incentivization and Vehicle Management
Augmenting vehicle information management and usage data
- Dealer and customer incentivization
- Digital Log Book
- Fake Odometer On-demand
- Mobility and Ride-Sharing
Insurance, Financing, and payments
Simplifying transactions processes and information exchange
- Insurance Contract Management
- Automated leasing and financing
- Connected Customer Services
- Micro Electric Vehicle Payments
At Oodles, we discover and develop potential applications of blockchain to improve the future of mobility. We empower the automobile business with inventive blockchain solutions ranging from vehicle manufacturing, supply chain traceability, or emerging electric car solutions to ride-sharing and more. We have evaluated blockchain opportunities across the automotive value chain and found that its characteristics can:

Authentication and operational efficiency
Enhancing efficiencies across the supply chain and back-office operations
- Parts authentication and traceability
- Smart supply chain
- Specific vehicle recalls
- Know your supplier (KYS)
Incentivization and Vehicle Management
Augmenting vehicle information management and usage data
- Dealer and customer incentivization
- Digital Log Book
- Fake Odometer On-demand
- Mobility and Ride-Sharing
Insurance, Financing, and payments
Simplifying transactions processes and information exchange
- Insurance Contract Management
- Automated leasing and financing
- Connected Customer Services
- Micro Electric Vehicle Payments
Solving Challenges of the Automotive Industry with Blockchain
Supply Chain
Problem
Slow and opaque supply chain activities
Solution
Smart processes on the distributed shared ledger
Insurance
Problem
Risk of fraud, slow claim processing, and complex contracts
Solution
Fool-proof automated insurance and settlement payments
Manufacturing
Problem
Infiltration of fake or defective parts with no detection
Solution
Traceability of parts origin and integrity from OEM to an automaker
Ride Sharing
Problem
Centralized, insecure data, intermediaries, and slow transactions
Solution
No intermediaries, authenticity, new business opportunities
Vehicle Recalls
Problem
Increased costs, incapability of finding specific defective parts
Solution
Quick identification of defective parts, targeted recalls
Ownership Transfer
Problem
Inability to verify information, paper-based, and lengthy processes
Solution
Digital ownership records, real-time information verification
Supply Chain
Problem
Slow and opaque supply chain activities
Solution
Smart processes on the distributed shared ledger
Insurance
Problem
Risk of fraud, slow claim processing, and complex contracts
Solution
Fool-proof automated insurance and settlement payments
Manufacturing
Problem
Infiltration of fake or defective parts with no detection
Solution
Traceability of parts origin and integrity from OEM to an automaker
Ride Sharing
Problem
Centralized, insecure data, intermediaries, and slow transactions
Solution
No intermediaries, authenticity, new business opportunities
Vehicle Recalls
Problem
Increased costs, incapability of finding specific defective parts
Solution
Quick identification of defective parts, targeted recalls
Ownership Transfer
Problem
Inability to verify information, paper-based, and lengthy processes
Solution
Digital ownership records, real-time information verification
Supply Chain
Problem
Slow and opaque supply chain activities
Solution
Smart processes on the distributed shared ledger
Insurance
Problem
Risk of fraud, slow claim processing, and complex contracts
Solution
Fool-proof automated insurance and settlement payments
Manufacturing
Problem
Infiltration of fake or defective parts with no detection
Solution
Traceability of parts origin and integrity from OEM to an automaker
Ride Sharing
Problem
Centralized, insecure data, intermediaries, and slow transactions
Solution
No intermediaries, authenticity, new business opportunities
Vehicle Recalls
Problem
Increased costs, incapability of finding specific defective parts
Solution
Quick identification of defective parts, targeted recalls
Ownership Transfer
Problem
Inability to verify information, paper-based, and lengthy processes
Solution
Digital ownership records, real-time information verification
Blockchain-Powered Distributed Ledger Empowering the Automotive Value Chain
Blockchain brings automotive stakeholders involved in various processes like design, manufacturing, distribution, tracking, compliance, selling, financing, recalling, and servicing of vehicles, on a single, shared ledger and thereby, enables transparency, accountability, efficiency and security across the ecosystem

Blockchain-Based Supply Chain Development Services

Vehicle Parts Traceability and Authentication Solution
We develop automotive supply chain solutions that capture, store, and update the information of vehicles and spare parts on the blockchain shared ledger immutably. It enables car service centers, car manufacturers, customers, and other stakeholders to track auto-part provenance throughout the supply chain. Our solutions ensure transparency, traceability, and verifiability of automobile components and raw materials


Vehicle Component Recall Solution
We build automotive applications that enable car OEMs (Original Equipment Manufacturers) to identify vehicles containing defective parts. Manufacturers can further issue targeted recalls or service bulletins for these vehicles. It can reduce disruption to customers as well as the recall costs for the process. It can ensure no massive recalls that translates to a considerable cost. The solution also enables the status tracking of a recall

Incentive Services Management
Our blockchain solutions enable the issuance of loyalty points for dealers and customers. They can redeem and use those loyalty points as a currency within an automobile loyalty network. Once a customer has redeemed his loyalty points, the solution will update a dealer’s account for participants on the network to view. We use blockchain and smart contract technology bases solutions for instant redemption of loyalty points


On-Demand and Ride-Sharing App
Our solutions automate contracts and financial transactions to enable vehicle owners to monetize P2P ride trips. They interconnect smart, autonomous vehicles, car-sharing providers, and end-users reliably and securely. They enable users and car-sharing providers to register on the blockchain for secure and seamless data exchange, including vehicle location, contract terms, and user payment information

Insurance Services Management
We develop blockchain applications that enable insurance firms to form customized vehicle insurance contracts as per actual driving behavior. They do so by processing a vehicle owner’s driving behavior events like speeding and mileage and safety events like defective parts and collisions. The solutions efficiently and securely automate automobile insurance claim payments and financial settlements following an insurance claim


Supplier Identity Management
We build blockchain KYS solutions that collect, record and validate supplier details before a supplier delivers services to automotive companies. Once stored and approved, they execute supplier payments and contracts with smart contracts when a service or product gets fulfilled as per the business agreement. They enable stakeholders to manage supplier digital identities for digital agreements, digital assets, and workflows
Blockchain Platforms We Work On
We implement smart contracts to automate business operations with the following blockchain technologies.
FAQ (Frequently Asked Questions)
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