SAP and GS1 to Establish Blockchain Prototype to Enhance Road Safety
SAP, a multinational software corporation, and GS1, a non-profit organization that maintains and develops global standards, have created a blockchain prototype intended at the digitization of tire retread activities for better road safety. Notably, the blockchain network deployed will be instrumental in tracking tires’ life-cycle.
Realistically, the renewal of tire treads can happen several times before a tire is relinquished. This procedure is environmentally friendly as compared to producing a new one. It is also advantageous to vehicle fleet owners because it is a cheaper option.
Nevertheless, keeping precise records for tire retreads is cumbersome based on the many procedures required. For instance, whenever a tire gets to a retreading center, several inspections have to be carried out to test whether it can endure the entire process.
Deployment of blockchain technology and RFID Tags
SAP and GS1 seek to address this challenge by employing blockchain technology and radio frequency identification (RFID) tags. The perception behind this approach is for tires to be fitted with machine-readable RFID tags for identification purposes. Blockchain will then be used to record the distance covered by each tire, as well as its service history.
GS1’s traceability project manager, Nicolas Pauvre, noted: “Information about each singular repair or retread is stored in the blockchain. Due to the decentralized nature of the blockchain technology, it is impossible for one member of the chain to manipulate the information stored there.”
Blockchain will be pivotal in tracking down a tire’s life-cycle, and this will boost road safety.
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