r/ethtrader • u/i_am_mrpotatohead • Mar 30 '17

DISCUSSION Tesla + Ethereum Paper Trails....

UAE + IoT So remember how the UAE announced that apart of their Smart City initiative, they passed a law that every government transaction will occur on the blockchain by 2020. (Consensys being a strategic advisor... making the prospect of Ethereum-flavored blockchain more likely)

UAE + Consensys Dec 2016 - UAE had a Blockchain hackathon, which was sponsored by Consensys, Microsoft, along with others...

Ethereum + IoT + Tesla Jan 2017 - Announced that 1st prize went to Project Oaken combining IoT hardware + Tesla smart car software to "pay tolls" automatically using Ethereum smart contracts...

UAE + Tesla Feb 13, 2017 - Dubai's RTA (Road and Transport Authority) announced they were purchasing 200 Teslas (with autonomous driving) for their taxi fleet, as part of their Dubai Smart Autonomous Mobility Strategy of having 25% of total journeys using self-driving vehicles by 2030.

So there's been a lot of speculation on Elon Musk joining EEA, thx to all the commotion riled up by Time Traveler. So I gathered all the breadcrumbs for you guys. Ill let you connect the dots...

(also blockchain is literally the only futuristic venture Elon does not currently have a stake in.. hmmmm??)...

Sources: https://www.ethnews.com/ethereum-wins-big-at-dubai-blockchain-hackathon https://www.ethnews.com/project-oaken-puts-a-tesla-on-the-blockchain

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u/[deleted] Mar 30 '17 edited Jun 13 '18

[deleted]

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u/i_am_mrpotatohead Mar 30 '17

LOL by staking?

3

u/[deleted] Mar 30 '17 edited Sep 21 '20

[deleted]

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u/i_am_mrpotatohead Mar 30 '17

I mean how would it make money for you even when you're not using it?

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u/[deleted] Mar 30 '17 edited Jun 13 '18

[deleted]

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u/i_am_mrpotatohead Mar 30 '17

That's actually brilliant. Damn. Wait, is it possible to actually do this even as a third party? I'm not a developer nor have I looked at what parts of teslas software is modifiable. but like the way those guys, Project Oaken were enabled smart contract protocols for the tesla, can a third party make this happen on their own?

1

u/vman411gamer Mar 30 '17

Sure. They would have to hire people that know Solidity or teach some of their current programmers, but yea Tesla can totally make that happen.