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You are here: Home / News / Blockchain / Blockchain-based Identity System for Autonomous Vehicles to be Introduced in South Korea
Blockchain-based Identity System for Autonomous Automobiles

Blockchain-based Identity System for Autonomous Vehicles to be Introduced in South Korea

May 10, 2020 by Arnold Kirimi

The South Korean government’s test center for key smart city fixes, Sejong City, announced on May 8 that it will launch a blockchain-based identity system for self-driving cars.

According to Asian publication Aju Business Daily, the country’s Ministry of Science and ICT will oversee the creation of a blockchain-based identity system alongside the nation’s cybersecurity watchdog, Korea‘s Internet & Security Agency. Per the smart city’s spokesperson, the blockchain system will greatly enhance data integrity by reinforcing the protection of information transmitted by vehicles and their command center.

Blockchain-based identity system to curb possible replication of autonomous automobile

Despite the fact that self-driving cars are far from being orthodox, Sejong smart city has so far commenced preparations to curb crimes linked to such technological expansion. The tech arm of the LG group, LG CNS, will collaborate with a Korea-based self-driving shuttle maker and the administration of the Sejong smart city to create an encrypted identifier called the Decentralized Identifier or DID. 

DID could aid in averting replication of autonomous vehicles and hacking into their system. As per the dispatch, the blockchain-based identity system will base several blankets of encryption to the information being transmitted between vehicles and the facilities on highways with the help of  “vehicle-to-everything”, or V2X, communication.

South Korea is at the forefront of blockchain-based innovations

The administration of the Asian country has displayed a huge interest in the blockchain technology and its deployment in key sectors in the economy. Last month, South Korea’s administration declared that tech as a “golden opportunity” and advocated for commercial enterprises to adopt it in future developments and innovations.

Despite championing blockchain technology, the country’s administration was formerly unsettled on digital currencies, it has displayed compatible attempts to vindicate digital currencies and establish a suitable regulatory framework.

Filed Under: Blockchain Tagged With: Blockchain, blockchain adoption, blockchain technology, south korea

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