If a Roole vehicle is reported stolen, millions of Nodle-enabled smartphones will work together to find the lost vehicle.
node is a decentralized network of smartphones that work together to locate and connect smart objects, such as Bluetooth beacons embedded in vehicles.
Nodle users are rewarded with NODL cryptocurrency in exchange for helping to grow the mobile network and locate stolen vehicles.
Ready-to-use Bluetooth beacons are placed on the vehicle, and when an owner reports that a vehicle has been stolen, the Nodle network searches for the beacon in question. When a vehicle is discovered, the detection is routed safely to Roole.
The whole process, from contributing to the Nodle network to locating vehicles, is based on confidentiality principles where no direct personal data, such as first or last name, is collected.
“We are excited to pilot the Nodle network with our fleet.” “Many low-cost smart sensors prevent the dismantling of stolen vehicles, a common practice in Europe where stolen vehicles are sold for parts.” “If a car is stolen in France, for example, and ends up in another country, there is a good chance that we will find it, thanks to our partnership with the Nodle Network”.
says Thomas Fournier, CEO of Roole.
“Roole represents the first step in transitioning enterprise asset tracking to a more secure and private model leveraging a decentralized architecture.” “On-chain services like Roole provide a powerful, real-world use case for the Nodle network and generate value that anyone with a smartphone can benefit from in the form of Nodle’s native token, NODL.”
says Micha Benoliel, founder and CEO of Nodle.
Using the Nodle network’s on-chain API to locate vehicles, Roole works wherever Nodle exists. This means that if a vehicle ends up in another country, the vehicle can still be located.
There are no complex roaming agreements, expensive cellular modules or GPS. With Bluetooth already running on billions of smartphones, Nodle just works.
“Roole represents a compelling real-world use case for intelligent on-chain asset tracking,” says Nodle co-founder Garrett Kinsman. “This represents a shift where non-blockchain or Web2 companies are using decentralized technologies to create new experiences for their customers.”
In the automotive industry, the Nodle network has many other potential applications. For example, ridesharing services want to ensure that drivers use the vehicle declared on their platform and complete their journeys instead of sharing it with someone else.
The Nodle network can be used to prove that the driver is in the correct vehicle, driven by the correct driver. Cryptographic proof would be issued without the need to share personal data, linking the vehicle to the driver and driver.
In the future, vehicles may even support Nodle natively, allowing anti-theft security to be integrated into vehicle hardware. In this upcoming solution, Nodle-enabled vehicles would be extremely difficult to steal, deterring thieves.
node connects the physical world to Web3 using smartphones as edge nodes. Edge nodes read devices and sensors in the physical world using Bluetooth Low Energy (BLE) and connect that information to the blockchain.
Create a geolocation-based layer that can be used by many unique applications designed for the hyper-connected, mobile-oriented world we live in, including real-time asset tracking. Nodle creates a secure, private and scalable business model.
Anyone with a smartphone can join the network in exchange for Nodle Cash ($NODL) tokens. Nodle provides insights for consumer electronics manufacturers, enterprises, smart cities, the financial industry and beyond.
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