Multinational automobile manufacturer Groupe Renault tested its eXtended Compliance End-to-End Distributed (XCEED) blockchain project designed to track and certify the regulatory compliance of vehicle components and sub-components, from design to production.
XCEED shares vehicle components compliance information between parts suppliers and car manufacturers in real-time. So far, the system has accumulated more than 1 million documents and reached a speed of 500 transactions per second.
Odile Panciatici, Blockchain Vice President of Groupe Renault, noted that
There are multiple uses for this type of technology (XCEED) in the automotive industry, where we have exchanges with countless actors from outside the company, such as suppliers, clients, and independent distributors.
XCEED was launched in 2019 and is a collaboration between several auto industry partners including Continental, Faurecia, Plastic Omnium, and Saint-Gobain. However, a full-scale trial for XCEED was recently carried out with several equipment manufacturers at Renault’s Douai plant.
The project was designed using Hyperledger Fabric and was deployed with the assistance of IBM. The information-sharing process is faster and efficient in a network that is distributed rather than centralized.
The project will benefit the wider automotive industry by sharing compliance information for vehicle parts. Moreover, it is expected to go further in the certification of vehicle compliance.
On its media page, Renault wrote that blockchain technology’s decentralized nature “means each party maintains data control and confidentiality.” Furthermore, it does not compromise integrity, rather it increases security and confidentiality.
XCEED relates to the new 2020 regulations on motor vehicles by the European Union (EU). The regulations came largely as a result and response to the Volkswagen Dieselgate scandal. Volkswagen, which owns 70 percent of the U.S. passenger-car diesel market, was found out to have cheated on diesel emissions tests in 2019.