Press Release: March 1st, 2018
March 01, 2018
Cube Intelligence
Press Release
March 1st 2018
Latest News
London, UK (March 1st 2018) - This week has been one of huge excitement for the Cube Intelligence team and
its contributors.
Today saw the culmination of months of work on their hugely successful ICO campaign, with the Cube (AUTO)
token going live for trading on the OKEx platform.
Cube also announced today that they have signed a contract with the Korean Ministry of Transportation. Cube is
selected as one of the autonomous car research institutes and is contracted with the Korea Ministry of
Transportation agency for 4 years. They will be performing a research study on “the safety evaluation
technology of the autonomous car”
About CUBE
CUBE Intelligence is a company looking to be at the forefront of making autonomous vehicles secure using
blockchain technology. Autonomous vehicle tech is improving at a fast pace thanks to so many players in Silicon
Valley vying for pole position in what is likely to be an extremely lucrative business. Safety, in terms of the
vehicle's ability to get from point A to point B without crashing into each other or other obstacles is one of the
biggest concerns for most, and a lot of work is being done to sway public opinion further and further in favour of
a driverless future.
The next logical step will be in ensuring that the public feel secure. Self-driving vehicles will be communicating
with each other and centralized hubs as well as potentially connecting to users’ phones and other electronic
devices for a personalized experience. With all this data being shared, malicious attacks are not only a threat, but a
likely scenario. A number of controlled tests have shown just how easy it is for a hacker to gain control of a
vehicle's control functions, something which could have fatal consequences.
The threats aren’t just of the passengers’ physical safety, but on their privacy as well. There will be attempts to
steal GPS data or insert a virus into a remotely applied software updates, which can lead to harm for the
manufacturers, as well.
CUBE is using blockchain to develop a software platform which will ensure that these security threats are
nullified. Their OTA (Over The Air Market) technology, set for a Version 1.0 release this year, is the first step
towards making this a reality. The OTA software, based on blockchain, will allow cars to be remotely monitored,
diagnosed and updated securely. Following that, CUBE plans to integrate an Artificial Intelligence layer to ensure
that this technology can learn and adapt to the ever changing threats that hackers pose.
Being involved in so many new and exciting technologies, it is no wonder CUBE has experience early success
and has captured the imagination of so many.
https://cubeintelligenceltd.blogspot.kr/2018/03/cube-intelligence-press-release-march.html
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