Discoperi, one of the most dynamic startups in the automotive industry, has developed a unique IoT device — System ‘Eye’ — that is to predict and prevent car collisions. If adopted globally, System ‘Eye’ can reduce crashes by up to 25% and save up to 1% of World GDP.
Car accidents — anything from a minor scratch to fatal cases — occur about every 30 seconds. With US $80,684 trillion global GDP in 2017, car crashes take US $518 billion costing individual countries 1-2% of their annual GDP. 2-6% of global GDP is money spent on traffic inefficiencies. Founder and CEO of Discoperi Alex Bondarenko believes that System ‘Eye’ is able to not only save lives but also to grow economic health saving up to 1% of World GDP.
System ‘Eye’ is an intelligent video control system based on AI algorithms, big data, a blockchain-based network protocol and the decentralized network of connected vehicles (DNCV). Installed on the windshield of any vehicle, this IoT device captures traffic data (road situations, vehicles characteristics, driving behavior), predicts possible crashes and informs drivers about potentially hazardous conditions.
Alex Bondarenko says: “System ‘Eye’ is a real catch for everyone who somehow deals with vehicles. Fleets, car rentals, car sharing, insurance companies, driving schools, municipalities, police. The options are unlimited.” Discoperi insists on making drivers’ interests and safety the top priority and aims to build a fully-decentralized global community. With a cloud-based Data-Transaction-Platform (DTP) allowing ecosystem members to transact securely their data with each other, it’s possible for drivers to decide which data to share with whom.
Discoperi has already gained multiple prizes for its automobile safety solution based on the blockchain technology winning awards at the Top-15 best Spanish startups at ICEX, Top-20 automotive startups at Ford Motor Co, Top-50 innovative startups at The New York Venture Summit, and more.