ConsenSys Creator Blockchain Is Much More Complicated Than The Internet And Will Take A Little Longer To Develop

There have been a couple of cases of trouble with self-driving cars, and even some which killed pedestrians in the US. According to police reports, the car’s LIDAR and radar system fail to detect the victims or other obstructions even though they were clearly visible before the collision.

At this point, many people are wondering if there is a next-level technology out there which will prevent accidents like these from happening. Many analysts point their fingers at AI, Machine LEarning as well as blockchain, the technology behind cryptocurrencies.

Believe it or not, the blockchain may also have a contribution to making self-driving cars safer. All thanks to the big data which if collected, analyzed and utilized properly, can deliver results with high precision.

Blockchain is also all about ensuring data transparency and accuracy while protecting things from being manipulated. As one report by the MIT Technology Review states:

“Malicious cyber attacks are a significant challenge to the adoption of the autonomous car technology. While advancement in AI and Machine Learning are likely to solve the issue of collisions that occur due to a technical error, they may not be able to resolve the technology’s vulnerability to hacking.”

Basically, blockchain introduces a concept of a transparent and decentralized ledger – where data can be verified and properly stored. As such, the technology can also help the driverless cars verify the accuracy of the data when they collect it from the environment. This, in other words, means that the room for error would be very minimal.

As the driverless tech continues to improve, there are a lot of areas which blockchain can potentially develop. Who knows – maybe in a few years we will see a solution that combines AI, Machine Learning, and blockchain that will continually improve the driverless car technology.