The Hackathon — We Won!

Just two weeks ago we returned from the Microsoft Blockchain Intensive, and we brought back some good news!

Remme
Remme
Jun 27, 2017 · 4 min read

The Solution

We presented our own solution for the automotive industry to make the roads safer. According to the statistics, the total cost of traffic accidents in 2016 was $249,271,731,355 and 16,842,685 people were victims of car accidents . We started thinking about how blockchain can help decrease traffic accident rates, and make the life of both drivers and pedestrians safer in a world with 1.2 billion vehicles on the road?

Our joint REMME-Infopulse team consisted of Alex Momot (CEO REMME), Taras Emelianenko (CTO REMME), Jan Keil (Vice President of Marketing at Infopulse), Yaroslav Pishta (Scala Engineer), Anatolii Padenko (Smart Contract Engineer), and Alex Brezhnev (Back-End Developer).

Technology

The solution is based on the Ethereum blockchain, and utilizes car sensors, telemetry, and distributed technologies to record traffic incidents and settle them before trial. If an accident happens, our system allows one to safely extract and analyze the telemetry data from the car, record it via Smart Contract and Microsoft Azure. The sensors necessary for this process can be located in the car, as well as in other cars, on traffic lights, etc. They record data instantly and send it to Blockchain, which makes forging, stealing or changing it nearly impossible.

Who can make use of it?

Aside from municipal and state authorities, this solution is useful for:

  • Find out who is guilty based on this data.
  • Instantly pay the insurance money to the victim (including in cryptocurrency)
  • Analysis of the autopilot, its functions and malfunctions

Remme Protocol

Deep dive into a blockchain-based Public Key Infrastructure

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Remme

Distributed Public Key Infrastructure protocol and PKI-enabled apps to address the challenges of the Web 3.0. ⚡️Powered by blockchain⚡️

Remme Protocol

Deep dive into a blockchain-based Public Key Infrastructure