News&Topics

2020/08/25

A.L.I. to build a system to record CO2 emission reductions for electric and hybrid plug-in vehicles using blockchain

A.L.I. Technologies Inc.
Ubiden Inc.

A.L.I. Technologies Inc. (Main office: Tokyo, Minato-ku; CEO: Daisuke Katano; hereinafter A.L.I.) in collaboration with Ubiden Inc.(Main Office: Tokyo, Chuo-ku; CEO: Norio Yamaguchi; hereinafter Ubiden)have agreed to develop and commercialize a system to compile and record the CO2 emission reductions of electric vehicles (EV) and plug-in hybrid vehicles (PHV or PHEV) using blockchain.

 

Image: CO2 emission reduction app

The system consists of an IoT platform that compiles the CO2 emission reductions of EVs and PHVs versus gasoline vehicles and a blockchain that records the CO2 emission reductions.

Ubiden has built the IoT platform part of the system, and plans to provide a smartphone application that can be linked to EV and PHV vehicle information (distance traveled, amount of electricity supplied, amount of fuel pumped, etc.) to easily track CO2 emission reductions by the end of 2020.

A.L.I. will build the blockchain part of the system and run Ethereum, which has an established reputation as a standard blockchain, and RHEIA*, a highly regarded domestic blockchain system, in parallel. We have achieved an environmentally friendly hybrid blockchain system by reducing the power consumption of the machines that are discharged during block generation while ensuring falsification resistance.


The amount of electricity and fuel supplied to the EVs and PHVs is recorded

This system is initially planned to support Mitsubishi Motors Corporation’s Outlander PHEV and i-MiEV, with plans to expand to other major EV and PHEV manufacturers such as Jaguar, Tesla, and Land Rover, then further expansion in due course. A.L.I. and Ubiden aim to collect as much CO2 emission reductions as possible from the household sector and promote services that make it easy for anyone to participate in environmental value trading.

*RHEIA is a next generation blockchain developed and operated by HYPERIA Corporation, and is a domestic platform with the scalability and security to withstand commercial use in the IoT era.

 

Overview of  Ubiden
For those who say, “I’d like to choose my preferred type of electricity myself”.
Ubiden is designing the electric power environment of the future for people who are unchained by stereotypes, who are active and full of creativity. An electric power environment where people can freely use their preferred electricity, anytime, anywhere, regardless of their location. This system is sure to change the future of the planet. Using all your passion and ideas, and perhaps a little humor, you must design the future of electricity.
Official site: https://www.ubiden.com/
For any enquiries, please contact: info@ubiden.com

Overview of A.L.I.
A.L.I. is a drone technology and AI business that develops business solutions for a wide range of industries. Such solutions include AI equipped drones, a computing power sharing service that boasts an autonomous distributed processing system, and the world’s first practical hoverbike.
A.L.I. will continue to innovate by developing products that creatively utilize technologies such as drone, blockchain, and AI.
Official site: https://ali.jp/
For any enquiries, please contact: info@ali.jp(PR Unit)

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