**Mercedes Pay – Car Wallet
** Subliminal messages are stimuli that lie below our threshold of conscious awareness. (notice anything below?)
Imagine a future where your car has its own digital wallet transmitting and storing data and payments over blockchain or distributed ledgers. Well that future may not be far off and could foreseeably be here quicker than anyone can imagine.
MOBI (mobility open blockchain initiative) is a mobility consortium “promoting standards and accelerating the adoption of blockchain, distributed ledger, and related technologies in the mobility industry.” MOBI was launched in May of 2018 and has quite a few members. Here are a few:
Daimler (Mercedes parent company) has a mobility division and is working on the future autonomous vehicles which you guessed it, would have its own digital wallet.
**So imagine if you will all the possibilities of a car wallet:
VID numbers for DLT-based Vehicle Identity which is linked by the Vehicle Identification Number (VIN) printed on the vehicle.
Proof of Ownership, vehicle history, odometer verification etc.. no longer looking up CarFax
Auto Maintenance – All relevant sensor data is encrypted, signed and saved to the blockchain and store maintenance records.
Smart Contract Devices – Transactions with other cars
Accepting payment for rental services.
Tolls & Parking
Ride Share Programs
Paying for SirusXM subscription
Your car may be soon transacting with the world and paying the oil change, the car wash, the auto loan, the insurance and traffic tickets!