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Main Page/FTF Oct2015/Automotive
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Contents
Location
- In the room used by the Web Payments IG
Agenda
- 09:00-09:05: Get settled and introductions (Paul Boyes and David Ezell)
- 09:05-09:15: Overview of the web Payments Activity (possibly via the capabilities document)
- 09:15-09:35: Presentation of automotive payments use cases (Kevin Gavigan?)
- Payment for parking, tolls, fuel, drive thru, etc
- 09:35-09:55: Discussion of use cases
- 09:55-10:00: Auto WG departs.
Use Cases
Letters of Credit
As a bank handling letters of credit (LOC) for my clients, If we can drive out 99% of the time and cost, we can offer innovative LOC solutions for a wider range of clients, including startups that are “born global.”
Corporate Debt
As a bank handler of corporate debt,. I want to do this at a market-level, so that I don’t have to build one for each of my client relationships, and so that I can spread the cost of building and maintaining the system.
Repurchase Agreements
As a repurchase agreement trader, I need a transparent marketplace of bids and asks, so that I can discover, trade, and execute agreements with relative assurance that there will be no repudiation or other issues.
Supply Chain and Self-Executing B2B Contracts
As a corporate buyer, I want to be able to submit my purchase contract to a network I share with the supplier, which will convert the agreement into a validated, trusted, self-executing process, so that when the PO is appended to the ledger.
IoT and Value add svc (IoV)
When something goes wrong with a complex piece of machinery, like a car, knowing the exact telemetry of every machine that produced every part as it made it — and knowing with certainty that no party could tamper with the data once recorded — would give investigators and manufacturers key insights and allow batch-level recalls.
Gaming and Loyalty Point Syndicates
As a game player, I want to be able to trade the “gold” I have earned in my current game for the currency or assets of another game, so that I can use my experience with the current game to put me ahead and not have to start cold in the new game.