The US National Highway Traffic Safety Administration (NHTSA) recently released data revealing that there were approximately 31,785 deaths in traffic crashes in the first nine months of 2022. Despite the decline in fatalities, there is still a lot of work that has to be done to significantly improve road safety. One solution that could potentially reduce car accidents and optimize the features of autonomous vehicles is the combination of AI and blockchain technology.
AI in Autonomous Vehicles
Autonomous vehicles are vehicles that use AI and other technologies to operate without human input. They have the potential to significantly reduce accidents caused by human error, such as speeding, distracted driving, and fatigue. However, to fully realize their potential, these vehicles need to be constantly updated and optimized to ensure their safety and efficiency.
AI can help optimize the features of self-driving cars by analyzing data from various sensors, such as cameras and LIDAR, and identifying patterns that could improve the vehicle’s performance. For example, AI can help detect pedestrians and other obstacles on the road and adjust the vehicle’s speed accordingly to avoid collisions. Additionally, AI can help improve the accuracy of navigation systems and ensure that the vehicle follows the optimal route.
Blockchain in Autonomous Vehicles
While AI can help optimize the features of autonomous vehicles, blockchain technology can provide an additional layer of security and transparency. Blockchain is a distributed ledger technology that allows for secure and transparent recording of data. By using blockchain technology, automated vehicles can securely store and share data with other vehicles and infrastructure.
For example, blockchain can be used to record and share data related to traffic conditions, weather conditions, and road hazards. This data can be accessed by other vehicles and infrastructure, allowing them to adjust their behavior accordingly. Additionally, blockchain can be used to securely store and share data related to vehicle maintenance, ensuring that the vehicle is operating at peak efficiency and safety.
Combining AI and Blockchain in Autonomous Vehicles
By combining AI and blockchain technology, autonomous vehicles can be optimized for safety and efficiency. AI can help optimize the features of the vehicle, while blockchain can provide an additional layer of security and transparency. Additionally, the combination of these technologies can enable self-driving vehicles to communicate with each other and infrastructure, allowing for more efficient and safe operation.
For example, if a vehicle detects a hazard on the road, it can use blockchain technology to share this data with other vehicles and infrastructure. This would allow other vehicles to adjust their behavior accordingly, potentially avoiding accidents and reducing congestion. Additionally, blockchain technology can be used to securely store and share data related to vehicle maintenance, ensuring that the vehicle is operating at peak efficiency and safety.
In connection to the latest findings of the NHTSA, self-driving cars have the potential to significantly reduce car accidents caused by human error. However, to fully realize their potential, they need to be constantly updated and optimized.
By combining AI and blockchain technology, autonomous vehicles can be optimized for safety and efficiency, while providing an additional layer of security and transparency. This combination could revolutionize the way we travel and pave the way for a safer and more efficient future.
Giancarlo is an economist and researcher by profession. Prior to his addition to Blockzeit’s dynamic team, he was handling several crypto projects for both the government and private sectors as a Project Manager of a consultancy firm.