AMO is a blockchain project aimed at creating and operating the AMO Market, a platform for sharing and trading vehicle data. The AMO Vehicle Data Platform will lead a new revolution in the automotive industry! Through AMO, drivers, vehicle manufacturers, and service providers can freely buy or sell vehicle data, unleashing the true potential power of driving data!
The AMO Market consists of the AMO Blockchain and the AMO Platform. Participants have dual roles as both data providers and consumers. Data generated during vehicle operation can be traded on the market. The market price of data is determined by supply and demand laws, with its value paid in AMO tokens.
Use Cases
Vehicle Users
All data from initial registration to final disposal can be shared in exchange for coins. Drivers can then use AMO coins to purchase services, even customizing them according to their preferences, making the car a seamless extension of their lifestyle.
Manufacturers
Comprehensive and accurate data about driver habits and purchasing history can help manufacturers manage warranty claims, perform remote troubleshooting, product planning, and even train algorithms for autonomous vehicles.
Service Providers
Automotive-related service providers, such as car-sharing and public transportation, can provide more competitive services by leveraging vehicle data stored on the blockchain. By operating vehicular information utilization operations and refining positioning and optimizing services, they can utilize this as a means to improve service quality.
As the AMO Market is built on top of the AMO Blockchain as a technological economic system, vehicle users, manufacturers, and service providers are not only suppliers but also consumers. AMO coins support equal participation and trading activities for all market participants. The AMO Market is a virtuous cycle ecosystem where the value of products and services increases with the growth of participants.
Project Advantages
All Types of Data
There are many ICOs claiming to collect and utilize vehicle data. However, there is no company that has a technology to systematically collect and manage all types of vehicle data. They can only collect a portion of the internal data of the vehicle. AMO has the technology and experience to collect and utilize vehicle data across three layers: V2X, in-vehicle, and user. This is not an easily replicable technology, developed over years since 2007. We collect and utilize not only the data generated by each vehicle but also secondary processed data produced by the automotive industry.
Security
Vehicle data includes very sensitive and important information, including user personal information. Therefore, security is the most critical aspect of utilizing vehicle data. AMO uses AMO Wallet based on Penta CryptoWallet to encrypt sensitive information and AMO CA based on AuthentiCA to issue encryption keys. Decryption of encrypted data is only possible when authorized by the data producer. This authentication process is end-to-end, ensuring secure protection of the data throughout. The perfect security of the entire vehicle data market is ensured by the technical capabilities of Penta Security, a company with 21 years of expertise in information security, which is unique to the AMO team.
Experience and History
The AMO team has been developing cybersecurity solutions for connected cars, autonomous vehicles, and electric vehicles since 2007. In 2015, we launched AutoCrypt®, an integrated automotive cybersecurity solution covering vehicles to infrastructure. AutoCrypt® played a core role in cooperative intelligent transport systems (C-ITS) projects, collaborative autonomous driving technology development projects, and autonomous vehicle experimental city creation projects. AutoCrypt® serves as the core technology of AMO, providing solutions to create a safer automotive environment.
Operational Model
The AMO Market consists of the AMO Blockchain and the AMO Platform. Participants can trade vehicle data within the AMO Market using AMO coins. The monetary value of vehicle data is determined by market economics within the AMO Market, and its value is paid in AMO coins.
Technological Development Achievements
Since 2016, testing has been conducted on cooperative intelligent transport systems (C-ITS), supported by the South Korean government.
In the first intelligent transport system project, it was able to ensure secure communication between 3,000 AutoCrypt-equipped vehicles and 79 roadside units.
It was installed in K-City, South Koreas autonomous vehicle test city, as part of its safety system.
AutoCrypt V2X encrypts and secures all types of telematics, including toll payments, traffic, and accident data.
AutoCrypt PKI is used for verifying vehicles, entities, and devices while protecting driver privacy.
AuthentiCA
A cloud Certificate Authority (CA) service for IoT devices in smart cars, smart factories, smart homes, and smart energy infrastructure.
User and device solutions for 700,000 smart meters in Norway’s advanced metering infrastructure.
Robust certificate management enabling strong Public Key Infrastructure (PKI)-based IoT security for anyone.
Provides encryption of sensitive data and ensures integrity of device-to-device communications.
Penta CryptoWallet
A hardware wallet connectable to computers and smartphones via Bluetooth and Near Field Communication (NFC) for transactions anytime, anywhere.
End-to-end encryption (E2EE) and key management for overall security of the cryptocurrency environment.
Secure device access through multi-factor authentication, including OTP, PIN, and biometric recognition.
Other integrations, including mobile applications like the AMO Mobile Wallet and AMO Auto Wallet.
AMO Data Collector
Conveniently connects to the OBD-II port of a vehicle and allows users to combine with the AMO Mobile Wallet and AMO Auto Wallet to collect and share data on the AMO Market.
Data collectors extract onboard data (speed, mileage, maintenance, oil analysis, etc.).
Sensitive data is encrypted to ensure data security.
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