Designed and implemented in collaboration with leading automotive industry players, this tool enables greater responsiveness and efficiency at a time of ever-greater regulatory stringency. New market surveillance regulations came into force since September 1st, introducing enhanced regulatory controls for vehicles already on the market. The entire production chain thus has to adjust its structure to repond to the regulatory authorities within shorter timeframes.
Based on “Hyperledger Fabric” blockchain technology and deployed in collaboration with IBM, the XCEED project is designed to track and certify the regulatory compliance of vehicle components and sub-components.
A collaborative project with benefits for the wider automotive industry
Blockchain technology makes it possible for information to be shared and tracked by several actors, underpinning competitiveness and operational excellence in the automotive industry. It speeds up the information-sharing process, with data available in real time, and delivers greater efficiency in a network that is distributed rather than centralised.
With XCEED, blockchain is used to create a trusted network for sharing compliance information between parts manufacturers and vehicle manufacturers. The decentralised nature of blockchain technology means each party maintains data control and confidentiality, without compromising its integrity, while simultaneously increasing security and confidentiality.
The security and confidentiality features offered by blockchain prompted the automotive industry to come together for this pioneering initiative.
Launched in 2019, XCEED is the result of collaborative work between automotive industry partners (Continental, Faurecia, Plastic Omnium, Saint-Gobain and Valeo), the fruit of collective intelligence and an adaptive agile methodology that marked an unprecedented multi-company approach to data-sharing and project management.
Testing at Renault’s Douai plant was used to consolidate the value and performance that blockchain technology delivers for the automotive industry, with over one million documents archived and a speed of 500 transactions per second.
“The XCEED project we initiated is a powerful illustration of Groupe Renault’s capacity to innovate. We are convinced that blockchain is a vector for transforming the automotive industry,” says Odile Panciatici, Blockchain Vice President, Groupe Renault. “Blockchain technology really comes into its own in a vast ecosystem involving a number of different companies, providing a link between the partners’ various processes, computer systems and databases. There are multiple uses for this type of technology in the automotive industry, where we have exchanges with countless actors from outside the company, such as suppliers, clients and independent distributors.”
To find out more about blockchain, a vector for transforming the future of the automotive industry, click here.
About Groupe Renault
Groupe Renault, which has manufactured cars since 1898, is an international group operating in 134 countries. In 2019, it sold nearly 3.8 million vehicles. Worldwide, the group employs more than 180,000 people and has 40 manufacturing sites and 12,700 points of sale. To address the major technological challenges of the future and continue to pursue its profitable growth strategy, Groupe Renault focuses on international expansion. To do this it builds on the synergies between its five brands (Renault, Dacia, Renault Samsung Motors, Alpine and LADA), the electric vehicle, and its unique alliance with Nissan and Mitsubishi Motors. With a 100% Renault owned team committed to the Formula 1 World Championship since 2016, the brand is involved in motorsports to boost innovation and name recognition.
In the UK, Groupe Renault UK has nearly 150 dealers selling the range of Renault cars, LCVs and Dacia. Groupe Renault UK sales totalled 109,952 vehicles in 2019.
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