LONDON, UK / ACCESSWIRE / January 31, 2023 / Minima is excited to announce that its participation in the collaboration platform MobilityXlab has been extended for an additional six months. Driven by CEVT, Ericsson, Polestar, Veoneer, Volvo Cars, Volvo Group and Zenseact, MobilityXlab offers emerging companies with innovative ideas in mobility and connectivity the opportunity to accelerate their development.

Minima's cutting-edge technology and its partnership with MobilityXlab will play a crucial role in shaping the future of connected mobility and intelligent transportation systems, allowing the idea of smart connected infrastructure to become reality.

Last year, Minima's breakthrough peer-to-peer communication network, installed in vehicles and mobile devices, made secure messaging and digital payments a reality.

Now, with this extended partnership, Minima is set to take it to the next level. The focus is on elevating cybersecurity and data privacy, enabling seamless integration of cars into connected infrastructure and unlocking new monetization opportunities.

This low-latency communication enables secure messaging for Vehicle-to-Vehicle and Vehicle-to-Everything communication.

Additionally, Minima's technology enables payments, settlements and transfer of value to be sent and received directly in the digital wallet running on Minima's app.

"With the extension of the program, Minima will focus on enhancing cybersecurity and data privacy, which are crucial for the safe use and development of advanced vehicle intelligence," said Hugo Feiler, CEO of Minima.

"P2P, data-driven, token-incentivized networks of connected vehicles, infrastructure, and people will be the key focus. The integration of cars into connected infrastructure enables seamless payments for services and new monetization opportunities."

ENDS

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About Minima

Minima has created a next generation blockchain platform which is a completely decentralized mobile-first protocol for blockchain transactions. Its ultra-lean blockchain protocol allows every user to run a full constructing and validating node. By creating a network that is owned, run, and secured by its users, the platform that allows users to be completely autonomous, while still ensuring that they remain fully accountable.

About MobilityXlab

MobilityXlab accelerates global innovation based on Swedish collaboration culture. We offer startups and scaleups with pioneering ideas within mobility and connectivity the opportunity to access the network and accelerate through a strategic partnership with our seven global industry partners.

SOURCE: Minima