The first demonstrator of the TRADE project, which highlights the potential of IOTA in advancing secure and interoperable Automotive Cyber Systems, was unveiled at the annual meeting held in Ingolstadt. The event took place at the THIngolstadt Automotive Testcenter CARISSMA and marked a significant step towards the realization of an open and secure Automotive Cyber System.
The TRADE project, in collaboration with Filancore, ETO, and THIngolstadt, aims to refine the system by integrating research from “alfried” for car-to-infrastructure evidence using IOTA. This collaboration is expected to conclude in June 2024, but the progress made so far shows promising possibilities for the future.
The TRADE solution combines ETO’s automotive hardware, Filancore’s Self-Sovereign Identity (SSI) Identity and Access Management System, and THI’s Automotive Client to establish a secure foundation for autonomous driving. Benjamin Bönisch, VP Digital Products & Services at ETO GRUPPE, expressed his excitement about the progress made by the TRADE project and its interaction with “alfried.”
The initiative also aims to embed every component within the vehicle and incorporate insights from the research project “alfried.” By leveraging IOTA’s Self-Sovereign Identity (SSI) and decentralized ledger technology (DLT), the goal is to provide car-to-infrastructure evidence and enhance the security and trust of autonomous vehicles.
THIngolstadt, known for its expertise in Automotive Security, will conduct comprehensive testing to assess the effectiveness and applicability of SSI in Automotive Cyber Systems. The focus of the project’s final phase is to deliver a secure and autonomous driving system that sets the standard for the modern era.
Overall, the TRADE project demonstrates the potential of IOTA in advancing secure and interoperable Automotive Cyber Systems, paving the way for a more connected and autonomous future.