Japanese Giant Sony Taps Blockchain for Development of Database Platform!

Japanese Giant Sony Taps Blockchain for Development of Database Platform!

Blockchain
April 24, 2020 Editor's Desk
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The multinational corporate giant Sony declared its common database platform – BCDB (Blockchain Common Database), which will utilize Blockchain technology for Mobility as a Service (MaaS). Separately produced by Sony, it will help as a next-gen digital service combining various transportation systems and services. BCDB to Improve the Means of Transportation MaaS combines a variety
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The multinational corporate giant Sony declared its common database platform – BCDB (Blockchain Common Database), which will utilize Blockchain technology for Mobility as a Service (MaaS). Separately produced by Sony, it will help as a next-gen digital service combining various transportation systems and services.

BCDB to Improve the Means of Transportation

MaaS combines a variety of transportation, including trains, buses, car sharing, on-demand mobility services, and even bike rentals. All this is facilitated by IT and cloud technology, which affords users with the required data on routes to given destinations, and also suggested transportation ways plus additional services.

It also allows precise details on a route, travel time, and the overall cost of the chosen service – essentially the whole process of arranging a trip to its clearing.

It’s All about Data and Rationalization

As Sony declared in a press release today, The Blockchain Common Database will highlight a high-speed info-processing technology that will make things more accessible for more than 7 million traveling and commuting users per day. It will allow them to keep track and bestow their anonymized personal travel activity and wealth allocations – a satisfactory option, particularly for big cities.

Organizations in Europe are already proactively seeking to execute a mixture of actions to advance MaaS. Usage of BCDB in the digital transportation environment may lead to essential improvements in the travel competence and rationalization, maintaining records of the movements and revenue allocations.

According to Sony, BCDB is being calibrated for more high-speed data processing and is not to be restricted only to MaaS. The Common Database Platform might come-at-able as a tool for reporting and sharing different kinds of sensor data compared to the potential development of smart cities.

Various other companies are up to Blockchain technology for further purposes. Among them are Microsoft, Intel, Circle, Visa, Amazon, Walmart, etc. IBM, for example, applies it in a variety of tracking projects in shipping, healthcare, banking, and food safety, digitizing a whole pile of paper-based tracking systems into digital.

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