McLaren to Log GT4 Supercar Performance on Blockchain

Wednesday, June 12, 2024 1:00 PM
13
McLaren to Log GT4 Supercar Performance on Blockchain cover

McLaren Artura GT4’s engine performance data will be recorded on the blockchain, providing real-time analysis during testing at Circuit de Spa-Francorchamps. Race Lab, a British GT Championship team, will use a blockchain-powered data tracker to log 20 parameters, such as ignition timing and steering angle, enhancing performance monitoring. The integration of Minima’s DePIN data logger with Influx Technology allows for real-time data collection, which recently helped engineers identify and resolve a wheel turn radius fault. This technology not only ensures data integrity and vehicle history for resale value but also aids in compliance with racing regulations. Furthermore, it has the potential to improve fan engagement through live data streaming for sim racing.

Related News

NATIX Token Launch cover
a day ago
NATIX Token Launch
NATIX is a global mapping network powered by their proprietary AI and camera DePIN. NATIX’s flagship product “Drive&” uses driver assistant apps (e.g. dashcam and navigation), token incentives, computer vision AI, and smartphone cameras to map the roads and support various mobility, autonomous drivi
Nubila Secures $2.5 Million in Funding for ESG Data Oracle Expansion cover
2 days ago
Nubila Secures $2.5 Million in Funding for ESG Data Oracle Expansion
Nubila, a leading data oracle in the Decentralized Physical Infrastructure Network (DePIN) ecosystem, has initiated a fundraising round. The round is led by IoTeX and VeChain, along with the Boston Consulting Group, and has attracted participation from a diverse group of investors including OrangeDA
DePin Supercycle: The Next Big Thing in Blockchain cover
2 days ago
DePin Supercycle: The Next Big Thing in Blockchain
Crypto analysts are predicting a Decentralized Physical Infrastructure Network (DePin) supercycle, driven by Web3 and AI advancements, reminiscent of the early Internet era. DePin aims to decentralize applications currently dominated by tech giants like AWS and Google Cloud. The AI sector is particu
Exploring the Potential of Decentralized Physical Infrastructure cover
5 days ago
Exploring the Potential of Decentralized Physical Infrastructure
Sean Cary, Helium's co-founder and Borderless Capital's lead partner, discusses the boundless potential of Decentralized Physical Infrastructure Networks (DePIN) in his latest article on CoinDesk. He explains DePIN as either bespoke networks with custom hardware or commodity DePIN that operates on e
Coinbase Will Not Facilitate Ocean-Fetch AI Token Merger cover
6 days ago
Coinbase Will Not Facilitate Ocean-Fetch AI Token Merger
Coinbase has announced that it will not facilitate the upcoming merger of the Ocean Protocol (OCEAN) and Fetch.ai (FET) tokens related to the Artificial Superintelligence Alliance (ASI). The exchange will continue to support trading for both tokens until further notice but will not execute migration
Crypto Community Worries Over Privacy and Surveillance Issues cover
7 days ago
Crypto Community Worries Over Privacy and Surveillance Issues
The crypto community has shown concern over privacy and surveillance issues, especially after the conviction of Tornado Cash developer Alexey Pertsev and the plea deal of WikiLeaks founder Julian Assange. The community has come together to support legal fees for these cases. Nym, a privacy-focused p
CoralApp Introduces Coral Phone: Pioneering AI-driven Device for the Web3 Lifestyle cover
7 days ago
CoralApp Introduces Coral Phone: Pioneering AI-driven Device for the Web3 Lifestyle
CoralApp, a North American team of data scientists' brainchild, is revolutionizing the web3 domain with the Coral phone, an AI-driven device designed to enhance digital interactions and integrate seamlessly with the web3 ecosystem. The Coral phone is not just a smartphone; it's a platform that suppo
CoralApp Launches AI-Driven Phone for Web3 Lifestyle cover
7 days ago
CoralApp Launches AI-Driven Phone for Web3 Lifestyle
CoralApp, a project incubated by Binance Labs, is launching the Coral AI Phone, an AI-driven device designed to serve as a gateway to the Web3 lifestyle. The Coral Phone integrates with the Web3 ecosystem, supporting decentralized applications (dApps) and offering a suite of features for decentraliz
DePIN Base Camp Selects Six Startups for Web3 Accelerator Program cover
8 days ago
DePIN Base Camp Selects Six Startups for Web3 Accelerator Program
The DePIN Base Camp, a Web3 accelerator program, has chosen six startups to participate in its 12-week program. These startups are developing applications and products that leverage digital networks, decentralized infrastructures, and data services. The program, run by Outlier Ventures in partnershi
DePINs and DeRENs: The Future of Decentralized Cloud Computing cover
8 days ago
DePINs and DeRENs: The Future of Decentralized Cloud Computing
DePINs and DeRENs are emerging as solutions to the risks associated with the centralized cloud computing market, dominated by players like AWS, Azure, and Google Cloud. The Cointelegraph Research and SwanChain report highlights how these decentralized platforms can enhance security, transparency, an