Are We There Yet? | Unlocking Data in the Auto Industry Inspiring Enthusiasts in the Crypto Space

Crypto Sapiens

In this episode of Are We There Yet, Chris Eberle speaks with Alex Rawitz from Dimo. They discuss the importance of data ownership and privacy in the automotive industry. He explains how Demo is creating decentralized infrastructure for moving objects, allowing users to have control over their own data and share it with businesses of their choice. The goal is to create a fair and transparent system where users can benefit from their data and have access to a marketplace of automotive services. Rawitz also highlights the opportunities of owning and controlling one's data, such as personalized AI and better pricing in the automotive industry. Decentralized infrastructure, physical infrastructure, and the wallet experience are key themes in the conversation. The discussion explores how decentralized tech in IoT and other industries can revolutionize established systems. The importance of permissionless networking, infrastructure deployment, and cryptographic security is highlighted. The conversation also touches on the challenges of the wallet experience and the need for user-friendly interfaces. The potential for on-chain summer and the integration of crypto into everyday life is discussed. The role of car hacking and the activation of car enthusiasts in the crypto space is explored. The conversation concludes with predictions for the future, emphasizing the need for improved wallet experiences and the integration of crypto apps into users' daily lives.