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ABOUT Powering the Automotive Industry for this Mile and the Next © 2020 SHIFTMobility Inc. Automotive Blockchain Platform #shiftmobility

Automotive Blockchain Platform - ShiftMobility · leveraging data captured directly from the vehicles, consumers, and businesses they rely on within the automotive ecosystem -ensuring

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Page 1: Automotive Blockchain Platform - ShiftMobility · leveraging data captured directly from the vehicles, consumers, and businesses they rely on within the automotive ecosystem -ensuring

ABOUT

Powering the Automotive Industry for this Mile and the Next

© 2020 SHIFTMobility Inc.

Automotive Blockchain Platform

#shiftmobility

Page 2: Automotive Blockchain Platform - ShiftMobility · leveraging data captured directly from the vehicles, consumers, and businesses they rely on within the automotive ecosystem -ensuring

THE AUTOMOTIVE INDUSTRYChanging LandscapeThe automotive industry is facing deeply fragmented information systems, lack of comprehensive standards and communication links, and an inability to tap into the power of smart devices. With the widespread adoption of mobile devices, and autonomous vehicles and cloud-connected cars just around the corner, the industry desperately needs solutions that can facilitate communication between the various systems that monitor, track and service cars now and in the future. With continually evolving commerce channels, deep market intelligence is now a requirement rather than an amenity.

Revenue Loss, High Return Rates, and InefficiencyThe significant IT investments required to modernize point-of-sale and legacy warehouse order management solutions make it difficult to share customer and vehicle information. Incorrect vehicle identification, lack of visibility between disparate systems, long order fulfillment cycles, and incorrect replacement parts are some of the factors contributing to high return rates, revenue loss and inefficiency within the industry. Mobile applications used to identify, track, and share vehicle and transaction information instantly with businesses improve accuracy, reduce operating costs and inefficiencies.

Mobile Commerce ChannelsFor business-to-business (b2b), the largest segment of the automotive aftermarket, frictionless marketplaces integrated with mobile solutions are rapidly changing modern distribution and parts commerce. “Facing disruption from e-commerce giants, aftermarket auto parts retailers are increasingly bringing their parts offerings online. Cars are lasting longer thanks to improvements in vehicle design. The average age of passenger (light) vehicles in the US is gradually ticking upward, driving demand for more frequent upkeep and more replacement parts.”

Connected Automotive WorldBlockchain technology, cloud computing, machine-device communications, telematics, artificial intelligence and connected car networks are revolutionizing the auto industry. Technological innovations are developing at an accelerated rate, causing a fundamental shift in the way businesses operate, engage, and transact - in turn creating new disruptive models. “While still in its very early stages, automakers like Toyota are looking to develop a blockchain verification system for the automotive supply chain. Implementing a blockchain system would allow automakers to prove authenticity on sourced parts and track faulty parts, which would help prevent recalls. A blockchain system would also create a centralized source that could synchronize data and transactions across the thousands of companies involved in the automotive supply chain without having to involve a third party.”

SHIFTMobility is ready with solutions across the Automotive Technology landscape.

1. Source: McGraw Hill

2. Source: Mobiliya

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Page 3: Automotive Blockchain Platform - ShiftMobility · leveraging data captured directly from the vehicles, consumers, and businesses they rely on within the automotive ecosystem -ensuring

WHAT WE DOCurrently, connected vehicle data, new car sales, financing, insurance, recalls, warranty management repairs, and parts information is fragmented. SHIFTMobility’s Blockchain Platform provides a seamless connection between manufacturers, distributors, repair centers and connected vehicles. By capturing and maximizing the utilization of real-time data from multiple vehicle caretakers, our platform enables demand stimulation and supply chain optimization as well as facilitating the timely resolution of contracts and disputes among supply chain partners. With SHIFTMobility, organizations gain the means to authenticate vehicle ownership, identify counterfeit parts, reduce parts returns, manage warranties, provide local demand insight to supply chain networks, and draw a straight line from vehicle triggered events to the services and parts needed at any given mile.

Dealerships can transform paper contracts into digitized smart contracts, connect to vehicles for proactive maintenance suggestions, and engage and reward customers to build loyalty to the brands they sell.

Auto Loans and Insurance Providers gain deep insight into customers by leveraging data captured directly from the vehicles, consumers, and businesses they rely on within the automotive ecosystem -ensuring superior claims assessment while simultaneously delivering increasingly personalized services.

Part Manufacturers benefit from transparent demand to drive supply chain efficiency and cost savings. Additionally, time to introduce new products to market decreases from 120 days to an average of 30 minutes. Once in circulation, the platform delivers real-time insight into worldwide parts failures and the ability to quickly act on them.

Part Distributors  can to stock the right products and plan logistics for instant availability at the nearest point of service. The platform also reduces return rates by ensuring that parts are region-tailored and orders accurate with in-depth visibility into real time demand and services performed.

Dealer Service Centers, Service Chains, and Repair Centers can estimate jobs in 30 seconds, leverage mobile based solutions to access information from thousands of locations, service more vehicles, accurately order parts from anywhere and anyone, connect to vehicles for remote diagnostics, build trust and loyalty with customers, and grow revenue faster than ever before.

Consumers and Fleets are able to engage with businesses throughout the automotive ecosystem another in a transparent and trustworthy manner from the time of vehicle purchase through its maintenance lifecycle.

Page 4: Automotive Blockchain Platform - ShiftMobility · leveraging data captured directly from the vehicles, consumers, and businesses they rely on within the automotive ecosystem -ensuring

SHIFTMOBILITY AUTOMOTIVE PLATFORM

One Platform to Drive Innovation and Connectivity

SHIFTMobility’s Automotive Blockchain Platform enables any organization to build and host dynamic mobile applications to power commerce, connect to vehicles, or store and analyze data on a secure and scalable big data infrastructure. Industry leaders like AutoZone, NAPA and WORLDPAC choose SHIFTMobility.

Actionable IntelligenceWith the platform streaming key data between manufacturers, distributors, vehicles and repair shops, organizations gain actionable intelligence:

• Near real-time data• Transparency• Tokenization• Part performance• Part failure analysis• Predictive part failure alerts• Predictive service alerts• Price change impact• Telematics coded commerce • Trouble code mapping

Key Features• Communicates demand from new/used car sales and

vehicle data streams to a network of dealers, service centers, parts distributors, and manufacturers.

• Standardized taxonomy• Normalized OEM and Aftermarket standards• VIN/License Plate scanner and decoder• Real-time vehicle communication• Live data streaming and sharing • Ability to capture vehicle ownership, maintenance, parts,

mileage event data in single blockchain• Tokenization to encourage monetization of vehicle data by

vehicle owners• Human Machine Interface (HMI) communication• OBD II command support

Our Platform delivers advanced solutions for automotive businesses by seamlessly integrating data and intelligence from vehicles, repair shops, parts suppliers, and manufacturers into innovative mobile applications that deliver visibility into real time vehicle needs regardless of hour or location - resulting in faster response and decision making for all of our customers.

Page 5: Automotive Blockchain Platform - ShiftMobility · leveraging data captured directly from the vehicles, consumers, and businesses they rely on within the automotive ecosystem -ensuring

Automotive Blockchain

Allows for the creation of fully automated systems and applications that leverage Distributed Ledger Technology (DLT) and Smart Peer-to-peer Networks. With the creation of a Blockchain based Private Decentralized Automotive Network, vehicle demand is made transparent to an automotive network. Our blockchain platform provides developers with modular building blocks, higher-level interfaces, big data infrastructure, and SDKs to build connected car and industry specific apps. Command innovations in cryptocurrency, open distributed ledgers, trading APIs, cloud edge points, vehicle communication open standards, digital asset security, and data stream containers to deliver the next generation of automotive supply chain solutions.

Artificial Intelligence

SHIFTMobility’s AutoGenie autonomously manages complex business processes, from reactive customer touch points to performance analytics, while leveraging the speed and security of blockchain along with the flexibility to interface with any third-party system. Encompassing simple diagnostics and estimated costs of services to appointment scheduling and customer engagement, SHIFTMobility AI drives superior customer loyalty. In the back office, these tools glean unique insight from unstructured data for a variety of critical business efforts that in the past would have taken significant legwork. From planning business operations to running campaigns without lifting a finger, our platform enables automotive businesses to better understand their customers and make relevant, and most importantly timely, recommendations based on actual need and predicted reaction. 

AutOn

AutOn Tokens are the next generation in consumer reward programs and can be used to get discounts at independent repair shops and OEM dealers, purchase parts and accessories, used for services at repair centers on the network, or saved as store-of-value for the near future. With a rewards system that spans the entire automotive ecosystem, consumers are no longer restricted to individual stores, but rather an ecosystem of car and parts manufacturers, insurance companies, distributors, and repair centers - empowering businesses and customers to engage with one another in a transparent and trustworthy manner from the time of vehicle purchase through its maintenance lifecycle.

Automotive Cloud APIsBuild anything. From solutions to evaluate location-based demand from connected car services to those that deliver distribution channel intelligence for real-time response, the SHIFTMobility platform delivers the complete flexibility, reliability, and control your business requires now and for the next mile.

Modular Simplicity

Frees organizations from the overhead of developing and managing applications, supporting multiple mobile devices and browsers, or configuring the infrastructure needed to support thousands of users, all while staying abreast of innovations in connectivity and mobility. Our simplified mobile app development and deployment process provides the security, scalability, and flexibility necessary for businesses to seize the advantage, regardless of device type or operating system.

BENEFITS

Page 6: Automotive Blockchain Platform - ShiftMobility · leveraging data captured directly from the vehicles, consumers, and businesses they rely on within the automotive ecosystem -ensuring

SOLUTIONS

Page 7: Automotive Blockchain Platform - ShiftMobility · leveraging data captured directly from the vehicles, consumers, and businesses they rely on within the automotive ecosystem -ensuring

Vehicle Passport enables dealerships to draw a straight line from customers to the services and parts they need at any given mile - from the time of vehicle purchase through its maintenance lifecycle and beyond.

Dealerships can drive customer engagement with proactive maintenance suggestions and real-time alerts while simultaneously building loyalty to your brand by rewarding customers with a modern, low cost digital token rewards system.

SPOTLIGHT: VEHICLE PASSPORT

Page 8: Automotive Blockchain Platform - ShiftMobility · leveraging data captured directly from the vehicles, consumers, and businesses they rely on within the automotive ecosystem -ensuring

MILESTONES

AWARDS AND MEDIANOLN - The POS Goes to the Blockchain

Disruptor Daily - 12 Startups Using Blockchain To Transform The Automotive Industry

NXT CHPTR – Bringing Blockchain to the Auto Industry: Conversation with Pavana Jain, Chairman, CEO & Co-Founder, SHIFTMobility Inc

SHIFTMobility Launches Vehicle Passport, the Industry’s First Blockchain Application for Car Ownership that Delivers Rewards for Every Mile Driven

The automotive blockchain market is projected to grow at a CAGR of 31.19%

Automotive Blockchain Market Worth $5.29 Billion by 2030

SHIFTMobility Liberates Vehicle Data with World's First Secure Automotive Blockchain Platform

GBLS 2018 World Blockchain Organization - Pavana Jain, CEO of SHIFTMobility, delivers keynote

SHIFTMobility Debuts Blockchain Secured Mobile Vehicle Inspection Sheet Application

Ratchet + Wrench - Blockchains and Your Shop's Management System

Ratchet + Wrench - Mobile Platform Connects Vehicle Inspections with Blockchain Tech

Frost & Sullivan - 2016 United States Award for Customer Service Leadership

The Mobile Air Conditioning Society (MACS) Worldwide - Best Use of Technology in a Product Award

AASA Event 2016 - Pavana Jain, Keynote Speaker, Impact of Telematics on Parts Commerce in a Connected World

Wall Street Journal - SHIFTMobility Raises $2 Million to Make Cars Smarter About Repairs

FORTUNE - SHIFTMobility Wants to Bring The Entire Auto Parts Network Into the Modern Age

Creator - SHIFTMobility - Getting Cars Road-Ready Faster Than Ever

Page 9: Automotive Blockchain Platform - ShiftMobility · leveraging data captured directly from the vehicles, consumers, and businesses they rely on within the automotive ecosystem -ensuring

Pavana Jain CEO and Founder

• 25+ years of tech industry leadership, innovation, and executive management experience at Fortune 100 companies

• Core team member responsible for growing Oracle Cloud and Oracle Fusion Middleware to $b business units

• Olympian

Arvind Jain CTO and Founder

• 29+ years of R&D, entrepreneurship, and executive management experience at Fortune 100 and startup companies

• Previous startup was in healthcare • Supply chain, vehicle connectivity, and big data expert • W3C standard committee member

Mike Little COO

• Extensive experience in sales, support, and services • International expansion experience in China and Singapore • Expertise: P&L management, profitable operations

Josh Burwick Director, Sales & Support

Josh is a near life-long bay area resident, loves everything automotive, and is an entrepreneur to the core. He studied business and Spanish at Las Postias College before going off to build businesses of his own. Josh oversaw SHIFTMobility’s largest beta and pilot initiative, consisting of 200+ shops in the San Jose area.

Elliott Schendel Director, Marketing

Elliott is a Silicon Valley-based marketer specializing in the tech industry. Upon graduating from the University of Colorado, Elliott joined TIBCO Software Inc. as a member of the marketing team, executing successful digital campaigns along with product copy, white papers, success stories, and blog posts. Following this, Elliott joined SHIFTMobility where he draws on his passion for the automotive industry to drive corporate marketing initiatives, branding, and positioning.

TEAM

“In an age of privacy concerns and rapid evolution in vehicle technology, our automotive blockchain platform will ensure the security and integrity of customer and vehicle information while maintaining the intrinsic benefits of a globally connected ecosystem. As pioneers in this field, all our solutions use blockchain to secure, distribute, and validate transactions across all our constituents. We now look forward to offering the infrastructure necessary to drive blockchain adoption across the industry.”

Page 10: Automotive Blockchain Platform - ShiftMobility · leveraging data captured directly from the vehicles, consumers, and businesses they rely on within the automotive ecosystem -ensuring

COPYRIGHT NOTICE

Copyright © 2020 by SHIFTMobility Inc. All rights reserved. This document is provided for information purposes only and the contents hereof are subject to change without notice. This document is not warranted to be error-free, nor subject to any other warranties or conditions, whether expressed orally or implied in law, including implied warranties and conditions of merchantability or fitness for a particular purpose. We specifically disclaim any liability with respect to this document and no contractual obligations are formed either directly or indirectly by this document. No part of this publication may be reproduced, transmitted, transcribed, stored in a retrieval system, or translated into any computer language, in any form or by any means, electronic, mechanical, magnetic, optical, chemical, manual, or otherwise, without prior written permission.

You have limited permission to make hardcopy or other reproductions of any machine-readable documentation for your own use, provided that each such reproduction shall carry this copyright notice. No other rights under copyright are granted without prior written permission.

The document is not intended for production and is furnished "as is" without warranty of any kind. All warranties on this document are hereby disclaimed including the warranties of merchantability and fitness for a particular purpose.

SHIFTMobility is a registered trademark of SHIFTMobility, Inc. Other names may be trademarks of their respective owners

www.shiftmobility.com

SHIFTMobility Inc. 303 Twin Dolphin Drive Suite 600

Redwood City, CA 94065U.S.A