September 20, 2022 – San Francisco, California
When a Roole vehicle is reported stolen, millions of Nodle-enabled smartphones work together to locate the lost vehicle.
Vehicle theft is a widespread problem in Europe and Roole, a French automobile club, today announced its partnership with Nodle to help car owners track and find their cars.
Nodle is a decentralized network of smartphones working together to locate and connect smart objects like Bluetooth tags embedded in vehicles. Nodle users are rewarded with the NODL cryptocurrency in exchange for helping with cellular network expansion and locating stolen vehicles.
Standard Bluetooth tags are attached to the vehicle and when an owner reports a vehicle being stolen, the Nodle Network searches for the tag in question. When a vehicle is detected, the detection is securely forwarded to Roole.
The entire process, from contributing to the Nodle network to locating vehicles, is based on the principles of data protection, where no direct personal data such as first or last name are collected.
Rolele CEO Thomas Fournier said:
“We are excited to test the Nodle network with our fleet. Several low-cost intelligent sensors prevent the dismantling of stolen vehiclesa common practice in Europe where stolen vehicles are sold for parts.
“For example, if a car is stolen from France and ends up in another country, there’s a good chance we’ll find it thanks to our partnership with the Nodle Network.”
Micha Benoliel, Founder and CEO of Nodle said:
“Roole represents the first step in shifting enterprise asset tracking toward a more secure and private model that leverages a decentralized architecture. On-chain services like Roole provide a powerful, real-world use case for the Nodle network, adding value that anyone with a smartphone can benefit from in the form of Nodle’s native token NODL.”
Using the Nodle network’s on-chain API for tracking vehicles, Roole works wherever Nodle exists. This means if a vehicle lands in another country, the vehicle can still be tracked. There are no complex roaming agreements, expensive cellular modules or GPS. With Bluetooth already on billions of smartphones, Nodle just works.
Garrett Kinsman, co-founder of Nodle said:
“Roole represents a compelling real-world use case for intelligent on-chain asset tracking. It represents a shift where non-blockchain or Web 2.0 companies are using decentralized technologies to create new experiences for their customers.”
In the automotive industry, the Nodle Network has many other possible applications. Ridesharing services, for example, want to ensure that drivers use the vehicle declared on their platform and make their journeys, rather than sharing it with someone else.
The Nodle Network can be used to prove that the driver is in the right vehicle and is being driven by the right driver. A cryptographic proof would be issued without the need to share any personal information, thereby tying the vehicle to the driver and passenger.
In the future, vehicles could even support Nodle natively, allowing anti-theft devices to be integrated into vehicle hardware. In this forthcoming solution, Nodle-enabled vehicles would be extremely difficult to steal, which would deter thieves.
To learn more about Roole, you can visit the website. To earn cryptocurrency by helping find Roole vehicles and other smartphone devices, visit here.
Nodle connects the physical world to Web 3.0 using smartphones as edge nodes. The edge nodes read devices and sensors in the physical world using Bluetooth Low Energy (BLE) and connect that information to the blockchainCreating a geolocation-based layer that can be used by many unique applications built for the hyper-connected, mobile-centric world we live in, including real-time asset tracking.
Nodle creates an economic model that is secure, private and scalable. Anyone with a smartphone can join the network in exchange for Nodle Cash Tokens (NODL). Nodle provides insights for consumer electronics manufacturers, enterprises, smart cities, the financial industry and beyond.
Since its inception in 2017, Nodle has grown to become one of the world’s largest wireless networks by number of base stations. To join, download the Nodle app for iOS or Android.
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Carolina Mello, Nodle
This content is sponsored and should be considered promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinion of The Daily Hodl. The Daily Hodl is not affiliated with or owned by any ICO, blockchain startup or company advertising on our platform. Investors should do their due diligence before making high-risk investments in ICOs, blockchain startups, or cryptocurrencies. Please note that you invest at your own risk and any losses you suffer are your responsibility.
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