Bosch, EU and blockchain companies to build decentralized IoT: IAA Mobility

• Bosch, MOBIX, and Peaq blockchain collaborated on a blockchain-based digital mobility project.
• The project showcased a peer-to-peer parking and charging scheme using moveIDs on the Peaq ecosystem.
• MoveIDs act as self-sovereign identities (SSIs) on the blockchain, enabling autonomous transactions between vehicles and connected infrastructure.
• The goal is to create a seamless experience for mobility users, eliminating the need for multiple sign-ups and accounts.
• Decentralized identities on open blockchain networks are considered the most promising technology for data sovereignty.
• The project aims to standardize technological integration with other automotive players and comply with data and privacy regulations.
• It is part of the Gaia-X initiative, funded by the European Union, to create a secure data infrastructure for European digital sovereignty and smart cities.

The article highlights the positive impact of blockchain technology on the future of mobility, emphasizing data sovereignty, seamless user experience, and compliance with regulations. The sentiment is overall positive.