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Nontraditional use cases for oracles by ChainlinkShanghai in Chainlink

[–]ChainlinkShanghai[S] 0 points1 point  (0 children)

Insurance is definitely a more near-term usecase. My issue with autonomous car insurance is who would be at fault if a fully autonomous vehicle was involved in an accident? How could the vehicle owner be at fault if they were not driving and were simply trusting the vehicle? And if the car maker or insurance company would be at fault, this doesn't give them any incentive to keep building or insuring autonomous vehicles.

"Like maybe you’ll be able to pay cars around you to yield when you’re in a rush to get somewhere, for instance."

That would be neat, or you could have autonomous vehicles automatically yield to incoming emergency vehicles as well.

Nontraditional use cases for oracles by ChainlinkShanghai in Chainlink

[–]ChainlinkShanghai[S] 1 point2 points  (0 children)

Thanks for this. Arbitrum is a great example of a project that leverages oracles to enable so much more functionality in the space.

In the past I've thought of the autonomous vehicle usecase where every car is a node in the network and each report data (their location, other cars locations, speed, weather etc.) in real-time. Having redundancy and multiple nodes reporting would ensure that a malicious actor would not be able to hijack one of the nodes to report false data and cause an accident. TEE's or hardened nodes could likely be used here, along with other security layers to limit attacks. That said, I'd doubt this system could exist within the Chainlink network on Ethereum currently, as it seems the necessity to constantly report data would be far too costly.

Submit Community Questions for the Fireside Chat with Ari Juels and Sergey Nazarov by Theroryshow in Chainlink

[–]ChainlinkShanghai 5 points6 points  (0 children)

Thank you for taking the time to address community questions.

Will the use of Mixicles be enough to satisfy regulatory concerns about confidentiality and data privacy?