Modern cars are advanced computers on wheels, equipped with cameras that capture a 360° view of their surroundings. These systems are vital for autonomous driving, navigation and safety. But their potential is rarely tapped.
NATIX Network, a decentralized physical infrastructure network (DePIN) for collecting real-time geospatial data, is out with a new gadget that transforms a Tesla’s existing camera system into a 360° dashcam that pays you for collected data.
VX360 is a device that aims to increase the safety of autonomous vehicles and provide a wide range of applications, including real-time mapping and property valuation, as well as insurance assessment and anything else you can think up.
VX360, unlike synthetic simulation data captures real-world, unpredictable driving situations, which are often called “real world” scenarios. “edge cases,” Such as abrupt weather changes or irregular traffic patterns. These data can be used to train AI for autonomous vehicles.
NATIX hopes that by utilizing the DePIN Model, it will encourage Tesla drivers to upload real-world footage and ensure robust privacy controls.
Alireza Ghods, CEO of VX360, said that the company uses edge computing technology to anonymize and process footage directly at its source.
“The anonymization AI blurs personally identifiable information like faces and license plates but doesn’t alter the footage, so it retains its integrity,” Ghods told Blockworks. It ensures strict privacy laws are met. Tesla’s in-built connectivity, or the paired mobile phone is used to upload footage directly into the cloud.
“We’ve been refining anonymization AI since 2020, well before our pivot to NATIX Network, and open-source AI advancements have helped us build a high-performance stack for this,” Ghods said.
NATIX offers incentives to Tesla drivers who share footage via NATIX tokens. For those not on Web3, there are gift cards, electronics discounts, and other incentive options.
Owners of cars can still access the trip recordings to use as navigational aids or for insurance purposes.
Ghods stresses the passiveness of the gadget, saying that it should be able to pay for itself after nine months. The switch to a smartphone-based app model is logical. The owners are the ones who benefit. “even if the rewards fluctuate,” He told me. “they still get the utility of accessing and managing their footage from anywhere and anytime.”
A token-buyback and-burn system is used by the network, which uses 40 percent of data-monetization revenue. Since the token’s July 2024 launch, over 41.6 million tokens — from the 1 billion total — have been burned, Ghods said.
NATIX will expand the coverage and car compatibility of its network in future. Ghods confirmed that two more car brands have been tested for the VX360.
“Our view on this is that car manufacturers are going away from building cars that are siloed, toward cars that can serve as platforms for others to build on,” “He said” “The ‘iPhone moment’ of cars is happening now with Tesla and Google at the forefront of it.”
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