Renault is developing a prototype for a digital car maintenance book, leveraging the power of Blockchain technology, built in collaboration with Microsoft and VISEO.
Blockchain technology ensures that data in the car passport is stored in a secure and transparent manner in the cloud on dedicated encrypted servers.
Currently, information about customers and their vehicles is spread across multiple information systems maintained by automakers, insurers, repair shops, and more. This new digital car maintenance book, with its open architecture, gathers all important information in one place accessible by the customer.
For instance, if an owner wants to sell a vehicle, he/she can make information about the history of the vehicle more transparent by authorizing the potential buyer to access all the data in the digital car maintenance book, creating more trust between the buyer and the seller.
“This digital car maintenance book will enable us to provide our customers with new services in an ecosystem alongside insurers and dealers. Blockchain technology is able to create a reliable trust protocol,” explained Elie Elbaz, Digital & Connected Vehicles Director for Groupe Renault.
“Beyond this project, this technology will be a major step forward for connected vehicles and the micro-transactions and security requirements associated with them.”
As part of the project, Microsoft provided access to the Microsoft Azure Blockchain technology, the open, agile and cost-effective platform and toolset used to develop and deploy the solution.