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[CUBE NEWS] Korea Post Office, Blockchain Insurance Billing System to Be Introduced

The Korean post office will introduce an insurance claim system that uses blockchain within this year. The Gwangju Regional Public Procurement Service has issued a bidding announcement on March 11, saying that the Postal Service headquarters will introduce computerized billing system using blockchain as a part of information infrastructure construction service.

The post office said it was planning to build a blockchain-based insurance claim system for insurance business in early February. It is a system that can claim the medical insurance benefit by using blockchain. The post office also said that it plans to install computer equipment in preparation for system operation and hospital expansion.

Previously, the post office also signed a business agreement with Jeonbuk Bank of JB Financial Group, for ‘joint development of the fourth industrial revolution field’, including the development of blockchain technology. At the time, the general manager of the post office, said, "The post …

What Will The World Of Connected And Autonomous Vehicles Look Like?

The autonomous car industry is moving at a rapid pace, and the implementation of full scale autonomy is closer than you might think. Technology that provides benefits to society and an increase in the share value of a company tends to get adopted very quickly, and autonomous vehicles will follow this trend.
However, what will the world of connected and autonomous vehicles actually look like? The answer might surprise you and seem like science-fiction. But if you were to describe the internet to the average person on the street 100 years ago, then that too would have seemed like science-fiction. 

The nature of the road will change
The current design of the road is to aid the driver to make a safe journey from point A to point B. This includes posts with road signs, lines on the road and traffic lights. However, AI may not need the same kind of help to safely navigate the roads. What were typically perceived essential elements of a road may become obsolete.
GPS will be a main feature that’s used to communicate with other vehicles in order to negotiate road space. Instead of new roads signs being put up software may be changed to alter the rules of the road that AI will have to adhere by. This means roads can be made to look different, and perhaps fit in with the surrounding environment.

You might not own a car
It might seem like an alien concept that car ownership will become a thing of the past for the average person – especially when you considered the materialistic nature of modern day society. The traditional ownership model will switch to a service based one, which might be cheaper and more effective.
The majority of cars are parked 95% of the time, which seems like an inefficient way of doings things. Autonomous vehicles using a service based setup will be constantly moving, thereby picking up and delivering customers to the target locations continuously. Therefore, instead of being subscribed to one vehicle you’ll have a plan where access is granted to mobility.
The advantages of such a vehicle ecosystem are that there will be fewer vehicles on the road, which also means a reduced need for car parks. This newly found space in cities can be used to create green areas such as parks.  

Mobile platforms
Apple CarPlay and Android Auto are a rising trend where mobile car apps are created to provide a personalized driving experience. The functionality offered was only available via the cars themselves, but now apps make the experience mobile. Also these apps can be integrated into the dashboard of the car. For example, the Samsung Auto Connect OBD-II dongle offers 4G connectivity for up to 10 devices in a car, allows for maintenance recommendations and tracking of vital car statistics.

Roads will be safer
One of the key differences between the road now and in the future is the safety aspect. Currently, 90% of accidents on the road can be reduced down to human error and AI based vehicles will go a long way towards reducing this problem. There are up to 1.25 million road deaths per year, and autonomous vehicles have the potential to reduce this number drastically. The amount this will be reduced by is yet to be seen. It all depends on how the autonomous vehicle ecosystem is implemented, and how many of us decide to fully embrace the changes.
In order for autonomous vehicles to be safer, however, they must be in the control of a benevolent owner. Cube Intelligence is leading the way in driverless automotive security and has built a team of developers to create a system based on blockchain to identify malicious attack attempts, eliminate them, and learn from them in order to anticipate future attack attempts and minimise risk.

Taking to ours cars
It might seem strange to consider this now, but in the future it will be the norm to talk to our cars. Just like Amazon’s Alexa has a wide array of features, the car of the future will have the same level of functionality and much more. Also, the voice recognition AI based software is constantly improving, which means the scope of the technology is only going to get wider. You’ll potentially be able to search for information, book a seat at a restaurant and buy products, all while taking a ride in an autonomous vehicle.

All of these predictions seem like a fairy tale for some, but those in the know will tell you that the technology is coming sooner than you might think. Elon Musk predicts it will be by 2021, and there are plenty who will oppose that prediction.
As with all transcendent technologies there will be a teething period. Also the manpower to manufacture and implement a fully autonomous system will be immense. Therefore, while the future for autonomous vehicles is getting closer, don’t expect 100% autonomy just yet.