Scribd Logo
Upload

Welcome to Scribd!

  • 64 views

    Drive Your Automotive Enterprise Forward With IBM Blockchain

    Uploaded by

    prasadkh90

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Drive Your Automotive Enterprise Forward With IBM Blockchain

    Uploaded by

    prasadkh90
    64 views1 page

    Original Title

    automotivev5_95015195USEN.pdf

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    64 views1 page

    Drive Your Automotive Enterprise Forward With IBM Blockchain

    Uploaded by

    prasadkh90

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 1

    Drive your automotive

    enterprise forward with


    IBM blockchain

    Rely on blockchain records for


    innovative mobility services,
    supply chain traceability and
    trustworthy financial transactions

    Every part of the complex automotive business location of defective or counterfeit parts, the amount of
    ecosystem — from parts suppliers and manufacturers data that automotive industry players must keep track of
    to customers and safety regulators — relies on a network is exploding. IBM Blockchain can help build efficiency,
    of transactions and knowledge that starts long before a vehicle transparency, and trust with a shared, permissioned record of
    is manufactured and extends far beyond its purchase. ownership, location and movement of parts and goods. And
    the versatility of blockchain records makes them perfect for
    And that network is growing. From support for evolving keeping up with innovative new business models.
    hardware and services to understanding the provenance and

    Current challenges in the automotive industry — and how IBM Blockchain can help

    Mobility services

    Challenges The result


    Today’s cars are not just standalone IBM has announced a partnership with ZF
    transportation devices — they’re complex, and UBS Bank to implement a blockchain-
    networked software platforms on wheels. backed car eWallet service delivered
    Vehicles increasingly need to incorporate through IBM Cloud™, enabling cashless
    secure, seamless mobility services, handling micropayments for tolls, congestion fees,
    micropayment and other interactions with electric charging, parking and even making
    ride-sharing services, smart transportation payments between vehicles. The system
    infrastructure and electric vehicle charging. can also allow a vehicle to be used as
    a secure drop point for packages, with
    permissioned access to its trunk.

    Supply chain

    Challenges The result


    Auto manufacturing is truly global. Parts Analogous to the auto industry, Boeing
    are sourced worldwide — and completed is implementing a solution based on IBM
    vehicles might be driven anywhere on Blockchain to make information from
    earth. To contend with counterfeit parts and across the supply chain accessible to
    defect-driven product recalls, traceability is component vendors, aircraft owners and
    crucial in understanding a vehicle’s post-sale maintainers, and regulators. And in the
    movements. To maintain safety and reliability, case of a component safety issue, the same
    makers must be able to track vehicle kind of IBM technology being applied to
    movements for regulators and purchasers. enable timely, efficient food recalls can
    help automobile makers and parts suppliers
    quickly understand where parts are.

    Finance

    Challenges The result


    From parts orders and fleet-purchase Manufacturing powerhouse Mahindra
    financing to managing letters of credit and is incredibly diverse, as a federation
    arranging insurance coverage, every step of of businesses ranging from agriculture
    the automotive supply chain is underpinned to aerospace — and their supply
    by payments. Blockchain’s traceability and chain finance needs are just as
    transparency makes it perfect for keeping diverse. Now, they’re working with
    track of transactions that drive purchases, IBM to create a common blockchain
    shipping arrangements, dealer transactions platform for supplier-to-manufacturer
    and millions of micropayments in mobility transactions, allowing near-real-time
    services. Blockchain-backed smart contracts transaction visibility and simplified
    go far beyond tracking and visibility to include communications to drive trust and
    funds released only on satisfactory delivery. transparency across its business
    ecosystem.

    Ready for blockchain-driven Blockchain applications can help you address a wide range of automotive supply
    transformation? chain challenges, paving the way for innovative consumer and fleet-oriented
    services. Ask yourself how well you can answer the questions below:

    • How can we ensure that our supply chain information is efficiently and
    transparently available?
    • Can we reliably trace genuine parts to identify counterfeits?
    • Do we have a rigorous, end-to-end system for addressing product recalls?
    • Can we employ standards-based application programming interfaces (APIs) to
    simplify data transfer, application and network integration?
    • Can we work with mobility services to allow in-car micropayments for parking,
    electric charging, road tolls and other fees?
    • How can we increase consumer and partner trust?

    IBM can serve as partner and change enabler, with dedicated experts who
    understand your business processes to help transform your automotive industry
    enterprise — and prepare for the future. Explore IBM Blockchain Solutions by
    reaching out to experts who can start you on the journey to getting more business
    value from your data.

    Visit: ibm.com/blockchain/services to learn how IBM Blockchain can help


    LEARN MORE
    your automotive enterprise.

    © Copyright IBM Corporation 2018. All Rights Reserved. IBM, the IBM logo, ibm.com, and IBM Food Trust are trademarks or registered trademarks of
    International Business Machines Corporation in the United States.
    95015195USEN

    You might also like