Renault has developed the XCEED (eXtended Compliance End-to-End Distributed) blockchain project to certify the compliance of all vehicle components, from design to production.
Designed and implemented in collaboration with automotive industry players, Renault says the tool enables greater responsiveness and efficiency at a time of ever-greater regulatory stringency.
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New market surveillance regulations came into force from 1 September, introducing enhanced regulatory controls for vehicles already on the market. The entire production chain has to adjust its structure to respond to the regulatory authorities within shorter time-frames.
Based on ‘Hyperledger Fabric’ blockchain technology and deployed in collaboration with IBM, the XCEED project is designed to track and certify regulatory compliance of vehicle components and sub-components.
Blockchain technology makes it possible for information to be shared and tracked by several actors, underpinning competitiveness and operational excellence in the automotive industry. It speeds up the information-sharing process, with data available in real time, and delivers greater efficiency in a network that is distributed rather than centralised.
With XCEED, blockchain is used to create a trusted network for sharing compliance information between parts manufacturers and vehicle manufacturers. The decentralised nature of blockchain technology means each party maintains data control and confidentiality, without compromising its integrity, while simultaneously increasing security and confidentiality.
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By GlobalDataThe security and confidentiality features offered by blockchain prompted the automotive industry to come together for the initiative.
Launched in 2019, XCEED is the result of collaborative work between automotive industry partners (Continental, Faurecia, Plastic Omnium and Saint-Gobain), the fruit of collective intelligence and a methodology, which marked a multi-company approach to data-sharing and project management.
Testing at Renault’s Douai plant was used to consolidate the value and performance that blockchain technology delivers for the automotive industry, with more than 1m documents archived and a speed of 500 transactions per second.
“The XCEED project we initiated is a powerful illustration of Groupe Renault’s capacity to innovate,” said Groupe Renault Blockchain VP, Odile Panciatici. “We are convinced blockchain is a vector for transforming the automotive industry.”
“Blockchain technology really comes into its own in a vast ecosystem involving a number of different companies, providing a link between the partners’ various processes, computer systems and databases.
“There are multiple uses for this type of technology in the automotive industry, where we have exchanges with countless actors from outside the company, such as suppliers, clients and independent distributors.”
