Ford plans to improve traffic with their new token system

Ford filed a patent for a new token-based car-to-car communication system to reduce traffic congestio
28 March 2018   377

Traffic congestion is one of the most widespread problems in large cities. And now Ford plans to improve the situation with their new system.

The application to US Patent and Trademark Office was submitted yesterday, March 27, 2018. In this patent application Ford plans to focus on the drivers' attitude towards each other.

“Traffic congestion occurs when one or more lanes of a multilane road are blocked, for example, because of a construction or an accident. The blocked lanes reduce the flow rate of vehicles through the section of the road with the blocked lanes. The reduced flow is compounded due to the psychology of human drivers who focus on their individual travel time preferences.”, is stated in the patent.

Ford plans to utilize a new CMMP token - “Cooperatively Managed Merge and Pass” to make travel faster and easier for everybody with their Cooperative Adaptive Cruise Control system. People who allow other drivers to merge into their lane will be rewarded with the said tokens. Or, for example, one can exchange tokens when “occupying slower lanes of traffic”. And if you're in real hurry or are late for the meeting, you can request other drivers on your way to let you pass for the price paid in CMMP.

So, if you think about other people on the road, you get tokens for it, and then you can exchange them for a faster way to get somewhere when you are in a dire need.

'Kodak Miner' Turned Out to be a Scam

KashMiner by Spotlite USA was promoted as Kodak branded bitcoin miner 
17 July 2018   137

The KashMiner bitcoin miner, exhibited at the Kodak stand during the CES technology show in Las Vegas, was in fact a product designed to mislead potential consumers and with a potentially unattainable potential return. This is reported by BBC.

Spotlite USA is licensed by Kodak's lighting division, which allows it to use the famous brand in its products. In January 2018 the company introduced its miner and announced that it intends to lease it. According to its business plan, potential users had to pay a commission before getting the device. It was expected that after depositing $ 3,400, the customer will receive a device that will allow him to easily cover expenses and receive revenue from bitcoin mining.

However the company did not have an official Kodak license to use the brand in the production of mining equipment and initially overstated the indicators of the potential profit of its device, refusing to take into account the growing complexity and costs of bitcoin mining. The advertising materials reported that KashMiner brings $ 375 a month, which, subject to a 2-year contract, would allow the client to receive $ 5,600 of profit after paying a commission. Experts from the industry of cryptocurrency call this offer a scam.

There is no way your magical Kodak miner will make the same $375 every month.

Saifedean Ammous


CEO Spotlite USA Halston Mikail previously reported that he plans to install hundreds of miners at the headquarters of Kodak. According to him, he already managed to place 80 miners there, but the Kodak spokesman denied this information.

While you saw units at CES from our licensee Spotlite, the KashMiner is not a Kodak brand licensed product. Units were not installed at our headquarters.

Kodak Spokesman

In a phone call with the BBC, Spotlite's Halston Mikail said the US Securities and Exchange Commission (SEC) had prevented the scheme from going ahead.