Sony’s Car Points to a Future of Machine-to-Machine Crypto Payments

Sony’s Car Points to a Future of Machine-to-Machine Crypto Payments 1

Sony announced a car – a real, physical vehicle with wheels and seats – at CES 2020 and everyone is losing their minds. Obviously, this car, called the Vision-S, is a prototype and you probably won’t be going down to Best Buy to pick up some USB-C cables and a new Sony whip. But the simple fact remains that an electronics and software company is moving into real-world mobility.

“This prototype embodies our contribution to the future of mobility and contains a variety of Sony’s technologies,” said Sony CEO Kenichiro Yoshida. In other words, Sony wants a seat at the mobility table. In fact, since it launched this vehicle first it could be a major player. But the fact that it released this model at CES and in 2020 before anyone else will set a trend that will force other players to reveal their work.

There is a school of thought that believes the future of cryptocurrency and blockchain happens when robots begin paying robots. These robots might be cleaning our houses, taking care of our elders or driving us around. Cryptocurrency becomes the value transfer medium in this scenario and all of the sensors, computers and systems associated with washing our floors or getting us around connect to the worldwide internet of value and, in the end, supplant most payment methods.

Car manufacturers probably won’t play ball. Car sales and car manufacturers depend on a few things, the primary one being that a human will buy an expensive hunk of steel and spend quite a while behind the wheel. Sony and Apple and Intel and countless mobility startups aren’t harnessed to that antiquated notion. To them, cars are computers. The Sony car is packed with sensors – lidar, radar and cameras – and 360-degree audio with a huge, wraparound screen to entertain the driver. It is, in short, the beginning of a car-creation model that pulls the industry out of the 1900s and into the 2000s.

The electric vehicle is built on Sony’s own platform, which it plans to use in multiple body configurations. It has a reported zero-to-60-mph time of 4.8 seconds, according to Car and Driver, and a max speed of 149 mph. It’s a real car with real power.

We know very little about Sony’s future car plans and the concept model is far from ready for the market. But eventually, this car and many like it will be communicating with each other wirelessly and negotiating traffic automatically. Your wallet will take a hit if you want to get somewhere faster  —  your car will pay another car to get ahead of them  —  and you’ll spend or even earn if you can spare a few more minutes on the road. Roads themselves will request tolls for maintenance and, as we sit in relative comfort, we’ll be making requests for applications, educational materials and entertainment. And, if Facebook, Apple and Amazon have their way, we won’t be swiping a credit card.

All of this assumes Sony and Apple and Google and Amazon are all thinking the same thing. Thus far, it seems they are. They are computing companies. Computing is built on open standards, and anything traditional car manufacturers do to prevent that openness will earn them a spot outside of the network. The new driverless, self-negotiating cars will also face driver resistance. Maybe we’ll have a future where petulant car lovers boast they are both “rolling coal” and “rolling meat” by driving their antiquated vehicles manufactured before, say, 2025. But anything that stands in front of the onslaught of driverless, constantly negotiating vehicles will be run over.

In the end, maybe this Sony car is a random pop on the future’s horizon. Or maybe it’s something else: the beginning of a firework show that will truly take this extremely nascent technology mainstream. All we can say right now is people are excited about what’s to come.

Disclosure Read More

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews

Crypto Scams

Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
April 23, 2022
Prove
Joon Pak Head of Crypto at Prove talks to Us about Crypto Fraud And More
April 11, 2022
Mintable
Mintable CEO Zach Burks Talks to Us about the Opensea Stolen NFTs and Their Recovery
March 21, 2022
Crypto Crime
Crypto Crime Surges To Record Highs As Thieves Follow Market Buzz – Chainalysis 2022 Report
February 24, 2022
Bots Circumvent 2FA Login At Coinbase And Other Crypto Exchanges In 2022
Bots Have Circumvented 2FA Logins At Coinbase And Other Crypto Exchanges In 2022
February 17, 2022

Automated trading with HaasBot Crypto Trading Bots

Blockchain/Cryptocurrency Questions and Answers

Russia
Roundtable Interview-What is the Effect of The Russia-Ukraine War on Cryptocurrency Prices?
March 4, 2022
GamStop
How Does Bitcoin Casino Work + 2021 Beginner’s Guide
November 8, 2021
Cryptocurrency
How to Buy and Sell Cryptocurrency
November 8, 2021
What Are Bitcoin Futures And How Will They Work In 2022?
November 4, 2021
Ethereum
The Unconventional Guide to Ethereum
October 28, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin29,821 0.11 % 0.76 % 2.23 %
Ethereum1,966.6 0.47 % 0.82 % 6.14 %
Tether1.001 0.03 % 0.04 % 0.01 %
BNB328.52 0.06 % 0.20 % 7.17 %
USD Coin0.9989 0.16 % 0.08 % 0.04 %
XRP0.4079 0.01 % 0.46 % 7.13 %
Binance USD0.9997 0.01 % 0.11 % 0.18 %
Cardano0.9566 0.22 % 0.68 % 6.96 %
Solana48.57 0.06 % 2.24 % 15.41 %
Polkadot9.980 0.18 % 1.98 % 9.68 %

bitcoin
Bitcoin (BTC) $ 29,778.00
ethereum
Ethereum (ETH) $ 1,959.87
tether
Tether (USDT) $ 0.999646
bnb
BNB (BNB) $ 328.51
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.408574
binance-usd
Binance USD (BUSD) $ 0.999274
cardano
Cardano (ADA) $ 0.517
solana
Solana (SOL) $ 48.60
polkadot
Polkadot (DOT) $ 10.00