• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next

Infineon and XAIN Implement Blockchain Technology for the Automotive Sector

Bitcoinist
by Bitcoinist
6 years ago
·
Posted in News, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Infineon Technologies and XAIN will work together on the implementation of blockchain technology for the automotive sector. The Munich-based semiconductor manufacturer and the Berlin start-up signed a Memorandum of Understanding at the first Infineon Automotive Cybersecurity Forum in Munich, thus moving closer to integrate XAIN technology directly into Infineon microcontrollers.

Together, the companies embark to jointly develop, test, and bring to market Automotive applications that benefit from XAIN’s AI and Cybersecurity Technology and Infineon’s Hardware Technology to meet privacy and resiliency needs in connected vehicles.

Flexible car sharing

When applying key blockchain principles in the automotive industry and combining them with an access delegation framework such as the one proposed by XAIN, unprecedented functionalities can be achieved. These include:

  • automated payment transactions,
  • keyless vehicle access,
  • flexible car sharing,
  • in-trunk delivery,
  • telematic insurance policies.

In essence, these services become enabled by giving users the ability to flexibly grant access rights to specific parts of their machine data or function.

Combining AI and Blockchain

XAIN is taking things one step further by combining AI and the delegation of access rights via a blockchain network. Here, decisions about access rights to vehicle functions can be made by AI algorithms without having to store private data centrally; in fact, through the eXpandable AI Network, local AI algorithms are able to learn from one another without compromising user privacy.

“Cybersecurity is a key pillar of the data-driven future of mobility. Blockchain technology offers great potential in that regard. Built into vehicles will play a big part in helping to create more secure systems; this inherently presupposes a tight-knit and well-executed integration of software and hardware components. This is what we would like to advance together with XAIN,” said Peter Schiefer, President of Infineon’s Automotive Division.

AI allows drivers to be recognized in the car and Infineon’s AURIX™ microcontrollers to automatically identify vehicle owners or authorized users and provide them with access to specific functions inside of the vehicle. Blockchain technology enables the secure allocation of access rights for the AI and the microcontroller as well as to check the correct execution.

A hardware security module (HSM) available in all AURIX™ second-generation microcontrollers provides secure digital key storage that serves to identify the vehicle in a blockchain network, and can perform operations (e.g., hashing or digital signing) quickly and securely.

New hybrid client structure

Creating new data blocks in the blockchain is still a challenge for traditional microprocessors, such as those used in devices which control vehicles. However, XAIN has developed a new hybrid client structure, which is particularly well-suited to resource constrained devices such as microcontrollers in automobiles.

“We want to make vehicles fully-fledged participants of a distributed network. This is important for offline and real-time capability. It also provides a high level of privacy protection when using AI technologies. By working with Infineon, we want to further advance the application of XAIN AI technologies in the vehicle,” says Leif-Nissen Lundbæk, CEO and founder of XAIN AG.

With the joint Infineon and XAIN solution, access rights to vehicle functions can be delegated in a remote manner via a smartphone app via blockchain network. This technical approach could enable car sharing without a platform or back office, in which each participant could spontaneously choose to share their car with others whilst at the same time retaining full control over user permissions.

In May 2018, XAIN received 6 Million Euros in seed funding. Australian based KOSMOS Capital is leading the current investment round.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoinist

Bitcoinist

Follow

Bitcoinist is the ultimate news and review site for the crypto currency community!

Full Profile

Related Posts

Nepal

Jack Dorsey’s Bitchat Becomes Lifeline For Nepalis In Protest Crisis

6 days ago
PrimeXBT: Empowering Traders in Crypto Space

PrimeXBT: Empowering Traders in Crypto Space

1 week ago
solana-analyse-tendance-leviers-techniques

Solana en route vers les 300 $ : analyse de la tendance des leviers techniques

2 weeks ago
stablecoins

Yuan-Pegged Stablecoins On The Horizon As Beijing Rethinks Policy

3 weeks ago
Bitcoin

Strategy’s Bitcoin Gameplan Faces Dark Outlook As Expert Warns Of ‘Spiral Of Doom’

4 weeks ago
Bitcoin

Bitcoin Strategist Sounds Alarm On Rising Violent Attacks In 2025

1 month ago
Please login to join discussion

Premium Sponsors

Press Releases

  • Zaddy Coin Launches Presale, Blending Meme Culture, DeFi, and Lifestyle Branding

    Zaddy Coin Launches Presale, Blending Meme Culture, DeFi...

    21 hours ago
  • Bitcoin Hyper

    Bitcoin Hyper събра 16 милиона долара...

    2 days ago
  • 無礦機挖礦:PepeNode迷因幣Game...

    2 days ago
  • Mining Revenue Doubles Year-On-Year Despite Increasing Difficulty: Start Crypto Mining Now with GBC Mining

    Mining Revenue Doubles Year-On-Year Despite Increasing...

    2 days ago
  • miner

    Behind the Ripple Price Surge: How Mint Miner Cloud Mining...

    7 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.