Ford has applied for a patent on the apparatus, which includes vehicle-to-vehicle communication methods that include crypto token exchange to facilitate traffic flow.
According to the patent application, traffic congestion arises when combined with the psychology of human drivers focusing on individual travel time preferences. . The patent proposes a way to work with the “Collaborative Managed Aggregation and Transition (CMMP)” system around these personal preferences. (CACC) and the possibility of passing priorities from the individual to the traffic group flow rate.
Ford is working on a new Blockchain system for smart traffic
Cars with this communication system can receive CMMP tokens, a vehicle’s It will barter in individual transactions that may prevent it from slowing down traffic or enable another vehicle to change its lane for emergencies. Vehicles that sacrifice their time in traffic will receive tokens from other vehicles.
For another example, if a driver is late for his appointment, he will be able to generate a demand to overtake any vehicle for the next 10 minutes in exchange for a certain number of tokens.
Blockchain is becoming more and more common in the automotive industry. Daimler AG, owner of the Mercedes brand, has started blockchain trials.
Cointelegraph