The new global platform has arrived in Hungary, where it buys and sells appliances, vehicles and machines for us.
Vodafone has launched a global platform that takes the world of connected devices to a new level, allowing users to trade securely with each other through their devices. After the Internet of Things – the network of devices or the Internet of Things – a new global platform called EoT (Economy of Things) will be responsible for trade and economic relations. For example, EoT allows electric vehicles to trade securely with each other on behalf of the user through Mastercard and Energy Web systems by connecting directly to charging points and many other devices.
The new interface, called Digital Asset Broker (DAB), builds on the features offered by one of the world’s largest IoT networks with more than 140 million connections that a customer can leverage most effectively with EoT. Thanks to the development, companies in more industries will be able to transform physical goods into tradable digital devices that can compete in various revolutionary and online markets through the platform.
For example, EoT allows electric vehicles to trade securely with each other through direct communication with charging points and many other devices. Source: YouTube
Today, most connected devices and sensors collect and transmit information over the Internet. The new EoT platform goes beyond that. It allows devices, vehicles, vehicles, smart street furniture, and monitored and connected machines to conduct transactions smoothly, securely and without human intervention but with complete ownership control.
Examples include the possibility of renting a car, with an occasional payment or subscription, a family car capable of purchasing information entertainment content, smart meter billing on a mass payment order and industrial alarms, as well as certification of medical equipment and other goods to detect counterfeit products. In the future, it will also be possible for coffee machines to request automatic recharging or for a street lamp to share traffic data with other smart city objects.
The EoT platform allows vehicles, smart street furniture and machines to conduct transactions smoothly, securely and without human intervention, but with complete ownership control. Photo: Unsplash
The number of connected devices is expected to rise to 30 billion globally by 2025. Companies can assign a unique digital identity to any of their devices within the system, and the device will then be able to securely connect and transact with other devices using the wallet and payment technology provided by the mobile chip. During 2022, Vodafone will also provide secure connectivity to a number of other third-party platforms and related device ecosystems in a wide range of industries, from the automotive and energy industries to manufacturing.
DAB uses the latest blockchain technology, which means that all connected devices are vetted and trusted, and then automatically allowed to trade over secure, encrypted connections, providing reliable access to multiple devices through a single point. synchronous connection. As a result, companies can introduce new products that can be quickly identified if they can be traded securely and ready for real-time financial transactions, no matter where the physical assets are.
The service recently began a trial in which a grid-connected electric vehicle independently and securely communicated with a charging station in Newbury, UK. With Mastercard and a partnership with Energy Energy, a non-profit organization dedicated to decarbonizing power grids, motorists can obtain real-time information on the status and compatibility of the nearest free charging station and easily allow vehicle charging. The platform can eliminate distance concerns, concerns about running out of batteries, and allow customers to make informed choices about electricity providers focused on renewable energy.
The service recently began a trial in which a grid-connected electric vehicle independently and securely communicated with a charging station in Newbury, UK. Photo: Pexels
Plus it’s green
“The switch to electrification is an important part of global decarbonization efforts. However, at present, electric vehicle drivers cannot guarantee that all the electricity used to charge their vehicles comes from renewable sources. However, with the democratization of access to green energy solutions, With our solution, we can ensure that people and businesses can use the clean energy of any electric street charger, which will be a huge relief for electric vehicle users as well as companies with an electric fleet.” said Jesse Morris, CEO of the Energy Web Foundation.
Are they also evolving for cultivation?
The presented system can clearly and clearly participate with great benefit in the digital and electrical transformation of Hungarian agriculture. It’s an interesting question whether Vodafone really has specific plans for this, so we’ll contact the company and we’ll call you shortly to provide answers tailored to agriculture.
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