Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.San Francisco, United States / California, 20th September, 2022, ChainwireIf a Roole vehicle is reported stolen, millions of Nodle-enabled smartphones will work together to find the lost vehicleVehicle theft is a common concern in Europe and Roole, a French automobile club, announced today their partnership with Nodle to help car owners trace and recover their cars.
Nodle is a decentralized network of smartphones that work together to locate and connect smart objects, such as Bluetooth tags embedded within vehicles.
Nodle users are rewarded with the NODL cryptocurrency in exchange for helping grow the mobile network and locating stolen vehicles.Off-the-shelf Bluetooth tags are placed on the vehicle, and when an owner reports a vehicle is stolen, the Nodle Network searches for the tag in question.
When a vehicle is discovered, the detection is securely routed to Roole.The entire process, from contributing to the Nodle network to locating vehicles, is based on privacy-first principles where no direct personal data, such as first or last names, are collected.“We are excited to pilot the Nodle network with our fleet,” says Thomas Fournier, CEO of Roole. “Multiple, low-cost smart sensors prevent stolen vehicle disassembly, a common practice in Europe where stolen vehicles are sold for parts,” says Fournier. “If a car is stolen from France, for example, and ends up in another country, there’s a good chance we’ll find it, thanks to our partnership with the Nodle Network”“Roole represents the first step in moving enterprise asset tracking towards a more secure and private modelRead more on cryptonews.com