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AMO
Category: Others Blockchain: Cosmos Language: English, Korean Platform: Web

AMO: Revolution in the world of automotive data

The AMO blockchain, developed by AMO Labs, represents an innovative infrastructure designed for the efficient exchange and distribution of all car data, which will become the foundation for the next generation of automobiles. For car users, manufacturers, and relevant service providers, this means that data will no longer be under the centralized control of specific companies but will become public assets that allow for valuable services to be provided.

Contents:

Transformation of the Automotive Industry and Data Storage

The automotive sector is currently undergoing significant transformation, driven in large part by the key asset of our time: data. In every industry, data is a key factor for success. AMO Foundation believes that to improve the roads of the future, barriers to data access must be lowered. The project aims to expand the capabilities of data providers, such as private car owners, allowing them to control the use of their car data while adhering to global recommendations on digital privacy and data security.

AMO will collect and store all car data chosen by the user and save it on the blockchain. V2X data, in-car data, and user data will be transmitted to the blockchain network using the AMO Data Collector™, V2X device, car-embedded software, and in-vehicle applications. All data, from the first registration of the car, driving habits of the driver, accident history, service purchases, to the scrapping of the car, will be recorded in a standardized manner, allowing the creation of an infrastructure independent of location/country or car type. Participants in this ecosystem who share their car's data will be rewarded with coins. Shared data will improve the quality of services such as vehicle maintenance and used car sales, and will enable a variety of vehicle-based services for the IoT environment. As the number of participants increases, a virtuous cycle is initiated for the improvement of products and services, efficient troubleshooting, and optimization of car journeys.

Sustainable Mobility and Smart Services by AMO

The rapid growth of cities stimulates the need for more accessible, convenient, and environmentally friendly modes of transportation worldwide. Modern problems become priorities that need to be addressed to maintain sustainable mobility in the future, such as:

  • traffic congestion;
  • road safety;
  • efficient fuel use.

AMO Foundation hopes that access to large sets of relevant data will allow researchers and businesses to find new ideas and solutions for removing obstacles to sustainable movement of people.

Today, various mobile services and applications already bring significant benefits to daily life, from real-time traffic information apps to taxi calling applications. For further improvement and development, innovators will need access to diverse data on consumer needs and preferences.

The goal of AMO Foundation is to provide businesses with the opportunity to obtain relevant data necessary for creating new personalized and optimized services that will contribute to progress in modern mobility.

AMO Foundation aims to create a blockchain ecosystem that will facilitate a more efficient and secure exchange of data in the automotive industry, offering new opportunities for improving people's quality of life and sustainable development of society.

The AMO Team

The AMO team consists of leading executives and experts from Penta Security Systems, a leader in web, IoT, and data security. With more than 20 years of experience, Penta Security Systems has the necessary knowledge and experience to build the AMO infrastructure. The importance of a deep understanding of automotive infrastructure and the ability to develop and optimize IoT platforms for next-generation vehicles cannot be overstated. That's why choosing a company with real experience in these areas is key.

Penta Security not only understands the nuances of automobiles and transportation infrastructure but also demonstrates its expertise through the successful implementation and development of projects aimed at improving security and integrating automotive and IoT technologies. These projects include the development and implementation of cutting-edge solutions that contribute to the development of intelligent transportation systems and smart urban infrastructures.

Key achievements of the AMO team:

Project/Initiative Description
AutoCrypt® A project aimed at developing an intelligent transportation system (ITS), including collaboration with the Korean government and major automotive manufacturers.
Construction of Autonomous Transportation Complexes Implementation of projects for the construction and operation of autonomous transportation complexes and smart highways in various regions, including Sejong, Yeosu, Hwaseong, Seoul, Jeju, and Daegu.
AuthentiCA® Development of a cloud-based certification authority service, optimized for the IoT environment and intended for use in smart cars, smart factories, smart energy, and smart homes.

These initiatives and projects reflect the AMO team's commitment to innovation and security in the automotive industry and IoT sphere, highlighting their leading role in the development and implementation of advanced technological solutions.

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