Cube (AUTO)

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Cube (AUTO) is a network security platform for autonomous vehicles based on the blockchain. Cube is creating a system to avoid autonomous vehicles from cyber attacks in order to prevent major loss of life.

Our Joke Name

Cube = Selfdrive

Basic Intro

Link to the main website

Link to price/market cap

Exchange Ticker (CUBE)

Coin or Token

Circulating Supply (6.2 Billion)

Total Supply (7.2 Billion)

Block time (Under 60 seconds)

Market Cap Ranking

Review

Cube (AUTO) is a network security platform for autonomous vehicles based on the blockchain. Cube is creating a system to avoid autonomous vehicles from cyber attacks in order to prevent major loss of life. Cube prevents such attacks through multi-layer protection system in place which includes the blockchain, endpoint and the cloud. The white paper for cube can be viewed at https://bit.ly/2FWhRBD (29 Pages)

Key Features

  • Potential Solved Issues
  • Safety
  • Development
  • Long-term project

Potential Solved Issues

Cube aims to solve many issues such as centralization, privacy, and safety. The amount of data that can be received while driving is estimated to be more than four terabytes daily, this can lead to a serious problem which could affect the operation speed of the CPU which could stop the system in whole. Privacy can be exploited if someone is able to gain access to a car with built-in microphones or cameras.

Safety

On the market right now no autonomous vehicle is one hundred percent safe with current security methods. Cube considered these key issues which are why they decided to bring blockchain technology into the 4.1 trillion dollar market. The blockchain is a distributed database that maintains a growing list of blocks that are chained to each other, it is managed by a distributed peer to peer network.

Development

Cube is fairly new to the market and is in early development you could say it is similar to substratum it has a great concept but no actual product to back it up. Cube has a current roadmap layout which states by the end of 2018 the initial development of the AI should be completed however, they are currently in a “studying and market research phase” which shows they are nowhere near ready to release an actual product.

Long-term project

Cube is a long-term project that won’t be complete for years to come but will definitely be one to watch out for in later stages. Cube has made quite the place in the blockchain market it has a lot of believers due to it nearing the top one hundred and it’s only eight months since it started these are very good signs, however, there is always a risk and the product could never actually be released or it could be a huge failure but it’s up to you to take the risk.

Conclusion

Overall Cube (AUTO) aims to improve the autonomous vehicle industry by solving such issues as decentralization, safety, and privacy. However, the project is in very early stages so don’t expect a too much dramatic change in the upcoming months but this project has huge potential if to succeed due to it competing in a trillion dollar market the opportunities are unlimited. If you are a long-term type of person this would definitely be a project to keep in touch with otherwise go to the ripple get rich quick scheme.

Pros

  • Growth
  • Interesting idea
  • Saving lives

Cons

  • Long term project, with big waiting periods
  • Risk of project failing
  • No backing (asset, profits, commodity)