{"id":322558,"date":"2022-12-12T10:27:25","date_gmt":"2022-12-12T10:27:25","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=360850"},"modified":"2022-12-12T10:27:25","modified_gmt":"2022-12-12T10:27:25","slug":"att-looks-to-cash-in-on-smart-wallets-in-vehicles","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2022\/12\/12\/att-looks-to-cash-in-on-smart-wallets-in-vehicles\/","title":{"rendered":"AT&T looks to cash-in on smart wallets in vehicles"},"content":{"rendered":"

<\/p>\n

\tAn executive for US operator AT&T sketched a blueprint for connected cars and IoT devices which included use cases involving mobile wallets using blockchain, arguing the move removed hindrances of current banking infrastructure.<\/p>\n

Cameron Coursey, VP of mobility products for AT&T Business, told Mobile World Live the operator was considering multiple avenues to use blockchain for smart vehicle wallets, including an eSIM SDK.<\/p>\n

Blockchain can safeguard information exchanges, a reason prompting automotive manufacturers to consider it for in-vehicle payment processes.<\/p>\n

Coursey stated smart vehicles would at some point be required to make multiple transactions in a single day across various systems including road tolls, electric vehicle charging stations\u00a0and in-vehicle entertainment.<\/p>\n

Currently, traditional banking systems pose challenges for performing such transactions\u00a0on the go.<\/p>\n

Coursey noted “transactions are often slow\u201d, with the typical use of intermediaries “like a bank with a higher transaction fee, meaning there is a central point of failure”.<\/p>\n

“And there are issues in keeping track of all accounts and balances.\u201d<\/p>\n

Multiple systems also increases the risk of data being compromised, with Coursey arguing vehicle wallet transactions are more secure because they are cryptographically signed at each stage.<\/p>\n

He asserted blockchain wallets will “help smart vehicles to exchange funds easily” with various verticals “with minimal point-of-payment failure and transaction fees\u201d.<\/p>\n

The wallets will be accessible from cars and personal devices while the privacy and identity of the users are maintained.<\/p>\n

\u201cIt enables smart vehicles to perform instant transactions across geographies, and these are barrier-free, without intermediaries.\u201d<\/p>\n

Smart vehicle wallets also enable transactions across multiple cryptocurrencies, which Coursey stated would make conversions easier.<\/p>\n

Large-scale deployment of smart vehicle wallets are not imminent, with AT&T currently focused on vehicle-to-vehicle communications [1].<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/latest-stories\/automotive-sector-drives-att-sa-5g-core-development\/<\/p>\n\n

\\\"IT\u96fb\u8166\u88dc\u7fd2
\u7acb\u523b\u8a3b\u518a\u53ca\u5831\u540d\u96fb\u8166\u88dc\u7fd2\u8ab2\u7a0b\u5427!<\/figcaption><\/figure>\r\n<\/br>Find A Teacher Form:\r\n<\/br>https:\/\/docs.google.com\/forms\/d\/1vREBnX5n262umf4wU5U2pyTwvk9O-JrAgblA-wH9GFQ\/viewform?edit_requested=true#responses\r\n<\/br><\/br>Email:\r\n<\/br>public1989two@gmail.com






\r\nwww.itsec.hk<\/a>
\r\nwww.itsec.vip<\/a>
\r\nwww.itseceu.uk<\/a>
<\/p>","protected":false},"excerpt":{"rendered":"

An executive for US operator AT&T sketched a blueprint for connected cars and IoT devices …<\/p>\n

The post AT&T looks to cash-in on smart wallets in vehicles<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":1857,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"AT&T looks to cash-in on smart wallets in vehicles - ITTeacherITFreelance.hk","description":"An executive for US operator AT&T sketched a blueprint for connected cars and IoT devices ... The post AT&T looks to cash-in on smart wallets in vehicle"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/322558"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/1857"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=322558"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/322558\/revisions"}],"predecessor-version":[{"id":322559,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/322558\/revisions\/322559"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=322558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=322558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=322558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}