Vodafone launches Digital Asset Broker (DAB), a global platform that allows connected and verified devices to carry out transactions independently but safely

Vodafone launched Digital Asset Broker (DAB)a global platform that allows connected and verified devices to transact seamlessly, securely, without human intervention but at the same time with full owner control, such as electric vehicles to transact directly with charging points .

Building on the platform Internet of Things (IoT) of Vodafone, one of the largest in the world with over 140 million connections, the new Digital Asset Broker platform for the company will help customers benefit from the ‘Economy of Things‘(‘ Economics of Things’), the next generation of the Internet of Things, a world in which companies from various sectors can transform physical assets into marketable digital assets to compete in new online markets.

Today, most connected devices and sensors collect and send information over the Internet. Vodafone predicts that the number of connected devices will grow globally to 30 billion by 2025. Vodafone’s new Economy of Things platform goes further. In fact, tAll devices and machines connected to Vodafone DAB are verified as reliable and therefore authorized to exchange data and money over secure and encrypted connections. Companies can thus launch new products that are quickly “certified” as safe, and the devices are ready to transact in real time.

In addition to the devices on Vodafone’s global IoT platform, the company plans to deliver as well secure links to many other third party platforms and related device ecosystems during 2022, covering different sectors, from automotive to energy, manufacturing, supply chain and logistics.

Johan Wibergh, Chief Technology Officer of Vodafone, said: “We are building new scalable platforms in-house for our customers in Europe and Africa. This, our latest platform, will drive the new Economy of Things where everyday objects and devices can trade, buy and sell services on our behalf. We are actively talking with many other companies to rapidly expand partnerships and expand the ecosystem around the world to include other features and payment schemes. “

The service is announced today with a trial in which a connected electric vehicle communicates autonomously and safely with a charging point in Newbury, UK: drivers receive real-time information on the status and compatibility of the available charging point. close and they can authorize their vehicle to recharge effortlessly, thus eliminating “range anxiety” or the fear of running out of battery power, and they can also consciously choose renewable electricity suppliers.

Jesse Morris, CEO of the Energy Web Foundation, said: “Electrification is an important part of global decarbonization efforts. However, there is currently no way for electric vehicle drivers to ensure that all electricity used to charge their vehicles comes from renewable sources. As access to green energy solutions is democratized, this is absolutely necessary. By working with any on-road electric vehicle charger, our solution can offer individuals and businesses the assurance of clean energy use, a real game changer for electric vehicle users and companies with electric fleets. “

Other business opportunities for Vodafone’s platform include a rental car that recharges motorists pay-as-youdrive or subscription, smart meters and industrial intrusion alarms that pay by direct debit, as well as authenticating supplies. medical and other goods. In the future it will also be possible for coffee machines to automatically sort pods or for a street lamp to exchange data on traffic flows with other objects in a smart city.

Vodafone DAB has the potential to solve the problem of most existing connected devices and systems, which tend to operate in an isolated and limited way. For example, if a vehicle needs to communicate with a car park to reserve a space, the integration of multiple systems is typically required, which is expensive and time-consuming. The Vodafone DAB platform can serve as a single access system for trusted vehicles, or any other device, to interact with multiple car parks or systems.

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