Converging Blockchain, AI and IOT to Push New Frontiers in Transportation

The intersection of artificial intelligence, the Internet of Things and blockchain technology are of particular interest when it comes to revolutionizing the future of transportation.

Blockchain is a distributed ledger technology that had its start in the cryptocurrency economy.

"Using these technologies together, companies will obtain greater valueand overcome the barriers that previously hindered adoption."

Autonomous vehicle technology has been made possible through the application of AI using advanced data analytics and computational capabilities.

The combination of distributed AI engines based on blockchain technology linked over high-speed IoT networks both inside and out of the vehicle can improve the situation.

The use of a combination of the above technology makes it easy to create contracts, automatically capture the data needed for verification, carry out analytics processes and allow for easy coordination between the parties involved.

Combining the use of blockchain technology, IoT and AI, makes it easier for stakeholders in the transport industry to comply with such regulations.

Such a technology would make it possible to log the hours of driving using an IoT device or even a smartphone.

The Fr8 Network shows great promise in blockchain technology, AI and IOT in transforming the future of transportation.

It is building a revolutionary ecosystem making use of an advanced tracking technology that electronically logs driving hours to facilitate compliance with the new ELD regulations.