South Korea to Establish Blockchain-Based Autonomous Vehicle...
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South Korea to Establish Blockchain-Based Autonomous Vehicle Identity Platform

South Korea’s smart city, Sejong is planning to develop a blockchain-based platform for storing and verifying the digital identities of autonomous vehicles. The Sejong city is the country’s testing ground for major smart city solutions.

According to a local news report on Friday, South Korea’s Ministry of Science and ICT, in conjunction with the country’s internet technology watchdog, Korea Internet and Security Agency, will be leading the development of the project. 

Though autonomous vehicles have not seen mass adoption yet, the Sejong city has already began preparations towards the fight against crimes related to the space. A Sejong city official told the reporter that the blockchain-based technology platform will greatly enhance the credibility of data by strengthening the security of information shared by cars and their control tower. 

LG CNS, the technology subsidiary of LG Group will be partnering with Sejong city government to develop a blockchain-based encrypted identifier dubbed, Decentralized Identifier (DID). This technology could help avoid the illegal cloning of identities or hacking of autonomous vehicles. 

According to the report, the identity verification system will deploy multiple layers of encryption to the data shared between cars and on-road facilities such as traffic lights, using vehicle-to-everything (V2X) communication. 

The report also noted that Sejong’s smart city platform can support autonomous driving, grid-based energy control, AI-based disaster control, and smart farming, which are all linked to a 5G network. Notable companies including LGU+, a mobile carrier, have been testing 5G-connected autonomous vehicles in the Sejong city.

The South Korean government has shown keen interest in the blockchain technology and its deployment across major industries. Last month, the government referred to blockchain as a “golden opportunity” and called on private sector companies to utilize its potential for technological innovation.  

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Dacosta Osei-Tutu, a first degree holder in Nursing, who couples his Nursing career with blockchain blogging, has a great passion for the blockchain technology and aims to play a vital role in applying this revolutionary technology to disrupt the healthcare system in Africa.