Mercedes-Benz issued its own virtual currency "MobiCoin" and started a project to give currency to good drivers who are keen on low-speed and safe driving.
During the test period, we plan to present MobiCoin to 500 good drivers who routinely perform safe driving at low speed.
For the target driver, the car data is sent to Daimler, MobiCoin is issued and stored on the mobile application.
Users who receive the most MobiCoin will receive VIP seats of prominent car races as prizes, but it is not yet decided whether this virtual currency can be exchanged for other legal or virtual currencies.
In the automobile industry, development is actively undertaken as a trend of automated driving technology and IoT with the function of connecting to the Internet like a connected car.
In this project, we are trying to exchange data more quickly and safely by using Smart Contract.
In addition, we are exploring what kind of benefits the car can enjoy by installing Smart Contract.