Daimler is currently working on giving a truck its own digital identity for payments and other applications
Where on one hand pollution continues to play havoc across leading urban cities of the world, the work processes continue to be more complex in nature for stakeholders in the CV industry. Taking quick steps towards further digitising its truck range, Daimler’s engineers are gearing up their vehicles to autonomously communicate V2X (vehicle to infrastructure) and also conduct payments with newly-developed digital truck-ID and associated wallets. The company has successfully carried out automatic payment at an electric charging station, noted Daimler trucks.
Driven by the new technology, the trucks will apparently carry their own truck-IDs and would be equipped to identify themselves with infrastructure using the IDs, using their respective unique signatures. Both truck-ID and truck wallet will be stored as encrypted software programmes within asymmetrical cryptographic processor, a part of central telematics control unit of the new Mercedes-Benz Actros. The truck data centre connectivity module is installed across the Daimler truck range, following an international standard electric/electronic architecture.
Daimler Trucks aims to equip its truck range to communicate on its own with diversified fields so that the driver is free from various hassles to concentrate on the crucial driving operations. The system will also allow haulage firms to operate in a more secure ecosystem and minimise unwanted costs like fuel card scams. The truck wallet has been designed to digitally hold cash for various payments along with other cards. Every set of information will be stored in a truck wallet and then would be available for transfer to other machines, using Wi-Fi.
Daimler Trucks has tied up with CommerzBank and its own incubator R&D unit to test the new payment system. The e-payment system is based on Corda, a blockchain platform for transactions. In the system, money is saved in encrypted form (e-euros) to make payments and then the recipient can transfer back money to his/her account. The system adheres to requisite mandates of the German Federal Financial Supervisory Authority (BaFin) to make the transactions legally accepted and help detect any malicious activity.
Since every transaction will be done digitally in conjunction with telematics data including current location of truck, the pilot system can offer various stakeholders transparency in business activities as trucks will be able to handle and sign every process of truck wallet on its own, thereby authenticating the transaction. The Truck IDs and wallets could then be used for paying truck tolls, freight processes, billing control and authenticity as well as vehicle leasing and varied term contracts.