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DAV Foundation is a blockchain-based open source global transportation company.[1]
 | |
| Legal status | Non-Profit |
|---|---|
| Headquarters | Switzerland |
Key people | Noam Copel, Tal Ater, John Frazer, Joseph Lopardo |
| Website | https://Dav.network |
DAV Foundation has a decentralized transportation network, which enables different kinds of transportation companies to join the network.[citation needed] This network can work with autonomous vehicles, trucks, drones, cars, and rovers.[citation needed] The infrastructure enables users to access a network of autonomous vehicles using a single token.[2]
The decentralized network being built by DAV is meant to offer an alternative to closed proprietary networks currently developed by automakers and transportation companies.[3]
DAV Network is a short form of Decentralized Autonomous Vehicle Network.[citation needed]It was founded in January 2017 by Noam Copel (CEO), Tal Ater (CTO), John Frazer and Joseph Lopardo. The foundation released and published its first code on GitHub. It also released its drone delivery application. The company was then granted non-profit organizations status in Switzerland.[1]
As of 2018, DAV Network has Dr. Alan Messer, (former CTO at General Motors), Jerome Ferguson (Director of Autonomous System at UPS) on its Board of Advisors.[4]
A company can list its vehicles on the network for hiring purpose.[citation needed]The vehicles can be used to request a ride or deliver and pick up a package,[citation needed] after which DAV tokens are released to the company using Ethereum blockchain.[1] The payments can be cleared once the service is done.[5]
The blockchain will help the DAV vehicles to navigate themselves to provide service for the nearest available request. For every service, DAV tokens are credited to the service provider.[citation needed] Owner can earn DAV tokens through leasing the self-driven or manned car.[1]