Ford Motor had three patents in blockchain during Q1 2024. Ford Motor Co has developed a road salt distribution system that utilizes a network of interconnected agents with computing devices to apply salt on roadways. These agents, including a salt-spreading agent and an administrative agent, work together through a permissioned blockchain ledger to record and verify transactions related to salt distribution activities. The system allows for efficient and transparent management of road-salt-related functions. GlobalData’s report on Ford Motor gives a 360-degree view of the company including its patenting strategy. Buy the report here.

Smarter leaders trust GlobalData

Report-cover

Data Insights Ford Motor Co - Company Profile

Buy the Report

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Ford Motor grant share with blockchain as a theme is 33% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.

Recent Patents

Application: Smart road salt distribution system with blockchain network (Patent ID: US20240085199A1)

The patent filed by Ford Motor Co. describes a road salt distribution system that utilizes a permissioned blockchain network to coordinate the activities of various agents involved in treating roadways with salt or other substances. The system involves agent computing devices interconnected within the blockchain network, with each agent responsible for specific tasks such as spreading substances or administrative functions. Transactions recorded on the blockchain ledger include routing transactions and substance-deposited transactions, allowing agents to propose, confirm, and add transactions related to road treatment activities. By extracting data from the blockchain ledger, the agents can efficiently conduct road-salt-related functions.

Furthermore, the system includes smart contracts executed between substance loading agents, substance-spreading agents, and administrative agents to facilitate the loading, spreading, and monitoring of substances on roadways. The administrative agent determines the quantity of substance to be spread based on data from the blockchain ledger, ensuring efficient and effective treatment of roadways. Additionally, the system incorporates environmental sensors on spreading vehicles to collect road condition data, which is recorded on the blockchain ledger through environmental data transactions. Public users operating vehicles with environmental sensors can also contribute road condition data to a public blockchain ledger, with rewards granted by the administrative agent for providing this information. Overall, the system streamlines the process of road treatment distribution by leveraging blockchain technology to enhance coordination and data sharing among the various agents involved in the process.

To know more about GlobalData’s detailed insights on Ford Motor, buy the report here.

Data Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.