The automotive industry has consistently driven technological innovation, embracing advancements that enhance efficiency, safety, and environmental sustainability. Blockchain technology has recently become a vital solution for overcoming key challenges, such as traceability, secure data management, and payment systems in electric vehicles (EVs). Its applications span digital battery passports, carbon credit systems, and secure payment infrastructures for EV charging, positioning blockchain as a transformative force within the automotive sector.
Before exploring its specific uses, it is essential to understand the fundamentals of blockchain. A decentralised, distributed ledger, blockchain securely records transactions across multiple computers, ensuring that once data is entered, it cannot be altered or deleted without network consensus. This architecture provides unmatched data security and integrity. Blockchain’s core attributes— immutability, transparency, and decentralisation—make it indispensable for industries requiring secure and verifiable data exchanges between multiple stakeholders.
By providing an immutable record, blockchain ensures the authenticity of automotive parts, reduces the risk of counterfeits, and streamlines vehicle registration and ownership transfer. Additionally, it enables more transparent and efficient vehicle financing and leasing through secure smart contracts. As blockchain adoption increases, it is expected to foster greater collaboration for innovation across the industry, reflecting successful initiatives in regions like Gujarat’s GIFT City, Maharashtra, Tamil Nadu, and Karnataka.
Blockchain in automotive supply chain traceability
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STK435 IC-Based STEREO AMPLIFIER
This stereo AF amplifier uses the STK435 IC, a highly popular choice due to its simplicity.
A SEWER DRAIN SHIELD For Smart Cities
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ESP32 SPEECH FUNCTION: Text To Speech
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World's Smallest Programable INDUSPHONE DESIGN
This is the second part of designing the world’s smallest phone, where the UI is integrated with the basic functions of the phone.
FLAME-SENSING FIRE ALARM Using An Arduino Nano
Fire safety alarms are crucial in both residential and industrial environments.
loT-Based Distribution Transformer CONDITION MONITORING SYSTEM
The proposed IoT-based distribution transformer condition monitoring system enables real-time monitoring of distribution transformers, identifying such deviations as overload conditions and overheating.
Wi-Fi 6 AND Wi-Fi 7 Powering The Next Wave of Smart Connectivity
Wi-Fi 6 leads with faster data rates and reduced latency while upcoming Wi-Fi 7's backward compatibility will facilitate gradual upgrades from Wi-Fi 6, easing transitions. However, advanced features like multi-link operation (MLO) and ultra-low latency may command a premium, making Wi-Fi 7 suited for high-end applications.
CHARGE FORWARD: High-Voltage Batteries And MSMEs Can Fuel INDIA'S EV REVOLUTION
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and influence. The essential role of MSMEs and academia in developing a strong EV ecosystem emerges, marking their significance for India's push towards self-reliance in this innovative field.
"MILES TO GO Before I Sleep"
A teacher illuminates the path to success through the light of knowledge, yet some teachers extend that light to society through their contributions and research. Known as the architect of the modern M3 electronic voting machine (EVM) and the voter verifiable paper audit trail (VVPAT) that transformed India's democratic process, Prof. (Dr) Rajat Moona's journey began in the modest town of Bareilly. Here is his story, as recounted to and written by EFY's Yashasvini Razdan.
STARTUPS & INNOVATORS
1 One Charger To Charge All Your Devices | 2 Harnessing AI Technology For Efficient Pest Management | 3 Wireless Light-Based Communication With Velmenni's Technology
