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Ford Patent Envisions Car-to-Car Crypto Transactions
2018-03-27
 

IP News

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Ford Patent Envisions Car-to-Car Crypto Transactions

Ford Patent Envisions Car-to-Car Crypto Transactions

2018-03-27

A new patent awarded to Ford suggests the U.S. automaker is considering the use of cryptocurrency to let cars on the road communicate with each other and reduce traffic.

The patent - "Vehicle-to-vehicle cooperation to marshal traffic" - was published Tuesday and awarded to Ford Global Technologies, LLC. It focuses on ways to alleviate traffic congestion, proposing that communication to coordinate speeds between vehicles can counteract, in part, "the psychology of human drivers who focus on their individual travel time preferences."

 

The document published Tuesday details a "Cooperatively Managed Merge and Pass (CMMP) system" in which "driving behavior is monitored, recorded, and evaluated in a collective manner by themselves and other participating vehicles."

source: https://www.coindesk.com/ford-patent-envisions-car-car-crypto-transactions/