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Proof of Coverage

Connecting Your Car To The Blockchain with Soarchain

Dec 9, 2024
31:16

We were joined by Deniz from Soarchain, a company revolutionizing the mobility industry through innovative data solutions. Deniz discusses the oligopolistic nature of the automotive sector, challenges with data ownership, and how Soarchain empowers car owners to reclaim and monetize their vehicle data using a secure hardware device connected to the OBD2 port. He highlights the importance of decentralized data management, Soarchain’s progress with nearly 20,000 cars on their testnet, partnerships with major companies, and the upcoming transition to the Solana blockchain. This conversation showcases how Soarchain is transforming mobility with blockchain technology.


Chapters:

00:00 - Introduction

00:26 - Sponsor Message: Polygon Labs

00:54 - Challenges in Mobility and Connectivity

04:19 - Data Ownership and Siloing Issues

06:10 - Soarchain’s Approach to Data Utilization

09:14 - User Empowerment and Data Monetization

12:13 - Connecting Cars to the Network

14:07 - Comparison with DIMO

18:38 - Data Privacy and User Experience

19:45 - Current Scale and Testnet Success

21:05 - Revenue Potential and Customer Profiles

23:10 - Innovative Use Cases and Applications

25:47 - Transition to Solana and Token Launch

29:55 - Community Engagement


Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.

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