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Vehicle owners use DIMO to optimize the performance of their cars. DIMO apps enable them to gather, utilize, and monetize data from their vehicles. This data can be accessed by developers and data consumers to create apps and services on a reliable, open platform, resulting in improved products and services for users.
DIMO is developed openly, utilizing open-source components. This approach enhances transparency, privacy, composability, and reliability in IoT networks, fostering trust among users and developers of connected devices and services.
DIMO employs various technologies, including the Ethereum Virtual Machine (blockchain), cryptography, open-source software, real-world hardware, and an ecosystem of applications, to:
- Establish blockchain-based identities for users, vehicles, trips, and more through NFTs and smart contracts.
- Securely attach telemetry data to vehicles and trips by using licensed hardware devices (such as the DIMO Data Miner) and approved software APIs (like the Tesla API).
- Enable companies like Digital Infrastructure Inc., Geico, Tesla, Ford, Autozone, and others to issue verifiable credentials or blockchain-based identity primitives for users, vehicles, or trips, ensuring secure claims.
- Empower users to retain control over their data and selectively share specific information on a case-by-case basis.
- Provide app developers and data consumers the opportunity to obtain licenses and drive advancements in technologies such as ADAS and EV battery systems. They can also enhance existing businesses (such as offering more affordable insurance, efficient car marketplaces, cheaper auto loans, better maintenance prevention, and diagnostics) and create entirely new app categories (such as vehicle sensors communicating and transacting with each other, or online communities based on real-world data).
For more information, visit the DIMO website: https://linktr.ee/dimo.zone
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