DAV Foundation is a

blockchain A blockchain is a type of distributed ledger technology (DLT) that consists of growing lists of records, called ''blocks'', that are securely linked together using cryptography. Each block contains a cryptographic hash of the previous block, a ...

-based open source global transportation company. DAV Foundation has a decentralized transportation network, which enables different kinds of transportation companies to join the network. This network can work with

autonomous vehicles Vehicular automation involves the use of mechatronics, artificial intelligence, and multi-agent systems to assist the operator of a vehicle (car, aircraft, watercraft, or otherwise).Hu, J.; Bhowmick, P.; Lanzon, A.,Group Coordinated Control o ...

, trucks, drones, cars, and rovers. The infrastructure enables users to access a network of autonomous vehicles using a single token. The decentralized network being built by DAV is meant to offer an alternative to closed proprietary networks currently developed by automakers and transportation companies.

History

DAV Network is a short form of Decentralized Autonomous Vehicle Network.It was founded in January 2017 by Noam Copel (

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

), Tal Ater ( CTO), John Frazer and Joseph Lopardo. The foundation released and published its first code on

GitHub GitHub, Inc. () is an Internet hosting service for software development and version control using Git. It provides the distributed version control of Git plus access control, bug tracking, software feature requests, task management, continuous ...

. It also released its drone delivery application. The company was then granted non-profit organizations status in Switzerland.

Board of Advisors

As of 2018, DAV Network has Dr. Alan Messer, (former CTO at

General Motors The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...

), Jerome Ferguson (Director of Autonomous System at

UPS UPS or ups may refer to: Companies and organizations * United Parcel Service, an American shipping company ** The UPS Store, UPS subsidiary ** UPS Airlines, UPS subsidiary * Underground Press Syndicate, later ''Alternative Press Syndicate'' or ...

) on its Board of Advisors.

Autonomous Vehicles Services

A company can list its vehicles on the network for hiring purpose.The vehicles can be used to request a ride or deliver and pick up a package, after which DAV tokens are released to the company using

Ethereum Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (Abbreviation: ETH; sign: Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capita ...

blockchain. The payments can be cleared once the service is done. The blockchain will help the DAV vehicles to navigate themselves to provide service for the nearest available request. For every service, DAV tokens are credited to the service provider. Owner can earn DAV tokens through leasing the self-driven or manned car.

References

{{reflist Non-profit organisations based in Switzerland Organizations established in 2017 2017 establishments in Switzerland