Constellation Networks Hypergraph Hour Episode 11: A Deep Dive
In the 11th episode of Constellation Networks’ Hypergraph Hour, the team delves into a variety of topics, including their involvement with the Mobility Open Blockchain Initiative (MOBI), the development of their product layer, the concept of state channels, and the future of autonomous vehicles.
Constellation and MOBI
The episode begins with a discussion about Constellation’s involvement with MOBI, a consortium of automakers, technology-based startups, and other mobility players. Constellation is part of the Connected Mobility Data Marketplace (CMDM) working group within MOBI, which focuses on creating a data marketplace for connected vehicles.
The team highlights the importance of creating a standard for data communication in the autonomous vehicle industry. Without a standard, it would be challenging to ensure the security and validity of data, which is crucial for the safe operation of autonomous vehicles.
Product Layer Development
The team also discusses the development of their product layer, which will interface with the Hypergraph Transfer Protocol. This product will allow users to launch their own blockchain solutions, cryptocurrencies, and decentralized applications.
The product layer, referred to as the “DAG terminal,” is designed to be a set of tools for users to manage their assets and infrastructure, similar to EC2 in AWS. The goal is to provide implementations that are optimized for certain use cases, much like plugins on a WordPress website.
State channels are a recurring topic in the episode. The team describes state channels as the framework in which users configure the rules of their business and economy to launch their own network or communicate with other blockchain networks.
The team envisions that each entity, such as a car company or a traffic light sensor, could have its own state channel. This would allow for a high level of customization and control over the rules and operations of each entity’s network.
Future of Autonomous Vehicles
The team shares their vision for the future of autonomous vehicles, where each car becomes a node with a wallet. This wallet could store value specific to the economy of that car, such as emissions tax.
In this envisioned future, cars could exchange crypto for right-of-way based on the rules set by the driver. This concept demonstrates how crypto could unlock value exchange among different networks in the autonomous vehicle industry.
Impact on Other Industries
The team believes that the principles they’re developing for the autonomous vehicle industry could also be applied to other industries. For example, in healthcare, data standards and best practices could create more confidence and security in the handling of sensitive patient data.
The 11th episode of Constellation Networks’ Hypergraph Hour provides a deep dive into the team’s current projects and future plans. From their work with MOBI to the development of their product layer and the concept of state channels, the team is pushing the boundaries of what’s possible in the blockchain and autonomous vehicle industries. Their vision for the future, where crypto unlocks value exchange among networks and each entity operates within its own state channel, paints an exciting picture of what’s to come.