INTRODUCTION
In recent years, there's been a massive revolution going on in the transportation industry, with large coorperations like Google, Uber and Lyft setting the pace in autonomous vehicles implementation. However, with all the innovations and technological advancements ongoing in the sector, there is still the persisting problem of centralization and stifling monopoly.
The few technological giants in the autonomous vehicles, drones and robotics sector are still operating on centralised platforms that effectively exclude other parties from participating in the developmental process and thus hinders the growth of the sector. This can be likened to the centralised nature of computers like AOL in the 1990s that got overtaken by the decentralised internet system in later years.
Another wave of technological paradigm shift is set to take place in the autonomous vehicles sector with the blockchain powered DAV protocol as the driving force.
WHAT IS DAV PROTOCOL?
In simple terms, DAV Protocol is a platform that brings about a cohesive interaction between autonomous vehicles, consumers and service providers. DAV Protocol is built on a stack of open-source software and hardware components that are fully decentralised hence opening up the market for new entrants which in turn fosters rapid development and mainstream adoption. With the DAV Protocol, adequate responses are provided for hitherto poorly filled needs in the market.
CHALLENGES FACING THE EMERGING AUTONOMOUS VEHICLES NETWORK MARKET
As more companies go into the manufacture of self driven cars, trucks, drones and even water-going vessels, these vehicles would be needing several infrastructure and service providers to function properly and efficiently. Such requirements include a large parking space for when the vehicles are not on transit, docking and charging stations, battery changing stations and a host of others. These require lots of funds and manpower for a single company to provide all that is required for its fleet of vehicles in each operational region.
THE DAV NETWORK SOLUTION
DAV network basically provides a common platform where different players in the autonomous vehicles market communicate and interact to complement each other towards delivering seamless and transparent services at a minimized cost for all concerned. It ensures direct communication between the user who needs a ride or package delivery and the transport of choice, effectively cutting off intermediaries and third parties that often reduces the profit margin of the transport owner and increases the cost of services for the user as seen in mediated transportation models currently in use.
On the part of developers, DAV network affords them the right platform to get on to, contribute and earn from the autonomous vehicle services market as they make inputs according to their area of expertise. This means that as more developers access the DAV SDKs, more innovative ideas are built and developed which leads to rapid developments in the autonomous vehicles transportation system via a truly decentralised platform that breaks the monopolistic hold of the few centralised giants in the industry.
DAV NETWORK FUNCTIONALITY
The DAV network is built on the decentralized blockchain technology that employs the use of smart contracts that are self-executing and hence operates on a trust less and permission less ecosystem that ensures highest levels of transparency and immutability of data ownership.
The DAV network comprises of five main technical components that ensures smooth cooperation between all of its participants. These components are:
The Identity Stack which makes it possible for devices and users to authenticate and identify themselves to other members or participants. Each participant which may be a user seeking for a ride, a parking spot or docking station for drones, a self-driving car or an insurance outfit, all have their own individual and unique identifier.
Decentralised Discoverability which is key to the uniqueness of the DAV network. Under current dispensations, introducing a vehicle in a new environment will entail providing all necessary services like charging stations, parking lots, repair stations and others in the new region. With the decentralized discoverability of the DAV network, each participating DAV identity has tools embedded within that allows it discover other participants around it. This means that a new autonomous vehicle in a new location can discover and utilize needed resources within its vicinity in a decentralized ecosystem.
Decentralised Communication on the DAV network ensures direct communication between participants on the platform even if they're from different makers. This is possible because of the common DAV protocol utilized for all participants.
Mission Flow designated by the DAV network for seamless flow of service exchange between different participants on the platform which follows the flow from initial need statement to bidding, service fulfillment and payment.
Token-based Payment utilizing the DAV utility token which is an integral part of the DAV ecosystem. The DAV token provides the medium of payment for all forms of services rendered on the platform.
TOKEN INFORMATION
Finally, the DAV token is used to pay for all transactions on the DAV platform and also used as an incentive for a community-based autonomous vehicles infrastructure building. The DAV token can be earned in various ways by vehicle providers, service providers, infrastructure providers, arbitrators, manufacturers, insurance outfits and also by hardware/software developers.
For more information about the DAV Protocol project, visit the website
https://dav.network
Other useful links include
Telegram
https://t.me/DAVNetwork
Github
https://github.com/DAVFoundation
Medium
https://medium.com/davnetwork
Reddit
https://www.reddit.com/r/DAVNetwork/
BTT ANN Thread
https://bitcointalk.org/index.php?topic=2619886.0
Written by:
Ebykamsiokoro
BTT profile link:
https://bitcointalk.org/index.php?action=profile;u=2047938;sa=summary