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Press release

Vodafone DAB: The company's new Economy of Things platform

Vodafone logo

Η Vodafone unveiled today a new global platform that takes the world of interconnected devices to the next level, enabling them to trade securely with each other on behalf of a user.


Αharnessing the power of his platform Vodafone Internet of Things (IoT) - one of the largest in the world, with more than 140 million connections - the new platform, called Digital Asset Broker (DAB), will help Vodafone customers benefit from the new "Economy of things». This is a world in which companies from multiple industries can transform physical goods into marketable digital assets that can compete in emerging online markets through this platform.

Today, most connected devices and sensors collect and send information over the Internet. The new platform "Economy of Things, Offered by Vodafone, goes beyond this framework, as it enables verified connected devices, vehicles, smart road equipment and machinery to conduct transactions smoothly and safely, without human intervention, but with full control of their owner.

  • New global platform "Economy of Things”- his next generation Internet of Things (IoT)
  • Enables electric vehicles (EV) to trade directly with charging points and on many other devices to trade safely
  • It is also compatible with existing mobile wallets - Global Partnership with Mastercard and EnergyWeb

The number of connected devices is expected to rise worldwide to 30 billion by 2025. Thanks to its platform Vodafone and geographic scale, instead of companies creating their own complex systems, each device is assigned a unique digital identity. The device is then able to communicate and trade securely with other devices using the technology wallet and payments, with additional security from the user's mobile SIM card.

In addition to Vodafone's global IoT platform devices, the company will also provide secure links to many other third-party platforms and related ecosystem devices within 2022, thus attracting a range of industries, from the automotive and energy industries to the construction and supply chain and supply chain.

The platform is secure. Uses the most latest blockchain technology, in the sense that the set of devices and machines connected to it Vodafone DAB are verified as trustworthy and then allowed to automatically trade and exchange data and money through secure and encrypted connections. Thus, companies can launch new products, which are soon certified as safe for transactions, wherever they are and the devices are ready to make financial transactions in real time.

Ο Johan Wibergh, technology director of the group Vodafone said:

We create new, scalable platforms within the company for our customers throughout Europe and Africa. This particular latest platform will give us a boost to the new Economy of Things, where everyday objects and devices will be able to request, buy and sell services on our behalf. We are in advanced discussions with many other companies in order to quickly expand our partnerships and expand the ecosystem worldwide to include additional features and payment plans.

The service is now being piloted in a leading market, where a connected electric vehicle communicates autonomously and securely with a charging point, at Newbury, United Kingdom. In cooperation with Mastercard and the Energy Web - a non-profit organization focusing on carbon offsets - vehicle users receive real-time information on the status and compatibility of the nearest available charging point and may authorize their vehicle to recharge easily. Vodafone believes that the platform will eliminate the "anxiety of autonomy»- the fear that the battery of the electric vehicle will run out - and will push customers to consciously choose a renewable electricity provider.

Ο Jesse Morris, its CEO Energy Web Foundation, stated:

Electricity plays a key role in global carbonization efforts. However, at present there is no way EV drivers to ensure that all the electricity used to charge their own vehicle comes from renewable sources. As access to green energy solutions becomes more widespread, this is needed more and more. Collaborating with anyone EV charger in the road network, our solution can provide individuals and companies with a guarantee of clean energy use - it really changes the data for users EV and companies with electric vehicle fleets.

In the new business opportunities for its platform Vodafone include charging for rental car drivers either on a per-use or subscription basis, buying a family car infotainment, smart meters and direct-to-industrial security alarms, as well as certifying medical supplies and other medical supplies. to eliminate fake and fake. In the future, it will be possible for coffee machines to automatically order capsules or for a street light switch to exchange traffic flow data with other objects in a smart city.

In addition, the Vodafone DAB solves the problem of most existing connected devices and systems that tend to work individually. If, for example, a vehicle needs to communicate with a car park in order to reserve a seat, this typically requires costly and time-consuming system integration. The platform Vodafone DAB provides a single point where verified vehicles or other devices interact with multiple spaces or parking systems.

Pioneering testing of electric vehicles (EV) in collaboration with Mastercard and Energy Web

The Vodafone DAB has already been established at the company's British technology center in Newbury, in order to demonstrate how vehicle users, using a single App with a built-in mobile wallet, can choose the best electricity billing program based on location and billing time and pay it off automatically. The Vodafone DAB, initially available on a smartphone or tablet, will soon be integrated into vehicle systems.

The service is compatible with any charging network that accepts its payments MasterCard. It therefore removes the difficulty of installing multiple applications depending on the dozens of providers available EV charging used by an electric vehicle user. Users are assured of the legality of renewable energy sources, as all vehicles or appliances powered by Vodafone DAB is automatically included in its system EnergyWeb, which in turn provides data of electronic origin.

The system is ideal for fleet management companies, taxi companies and road freight companies, as it enables them to collect all their own charging requirements and even transfer unused electricity to another employee or road user. In fact, the EV owners can maintain their own household electricity bills and use them while roaming on international charging networks.


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