Project description
Smart system to prevent car accidents
Approximately 1.3 million people die each year worldwide as a result of road traffic crashes. And between 20 and 50 million more people suffer non-fatal injuries, with many incurring a disability as a result of their injury. In this context, the EU-funded System EYE project proposes a smart IoT system to prevent collisions. The system collects and analyses data, using the information to warn the owner and other drivers in the domain when the probability of an accident nearby is high. The goal of the project’s first phase is to develop a feasibility study for the commercialisation of the System EYE technology that will include a thorough analysis of target markets.
Objective
Discoperi puts the Driver’s safety and rights in the center of the automotive ecosystem.
Every year 1.25 million people die in car accidents, and so car accident prevention market is forecasted to reach $50 bn in 2021. To deal with this challenge and utilize market opportunity Discoperi has designed System EYE — the first on the market smart IoT system capable of preventing possible collisions. System EYE collects the data, analyzes it and alarms the owner and other drivers in the domain when the probability of an accident nearby is high.
At the same time, current way of handling automotive data does not allow the drives to benefit from automotive data continuously generated by all modern vehicles. In 2018 industry players only start tapping into car data monetization potential forecasted to reach $450 - 750 bn by 2030, and System EYE is the first solution to allow storing and monetizing collected automotive data on behalf of a driver on the blockchain, using DISC tokens.
Discoperi aims at fast global commercialization of System EYE to bring its value worldwide leading automotive revolution. In Discoperi vision, automotive ecosystem participants own, share and transact data in a fair and transparent way. To make this happen, Discoperi expanded its team by top-notch professionals in AI, blockchain, business, marketing and operations with experience from: Hyperloop, Ericsson, McKinsey, Distrokid, etc.
In 2017 Discoperi was recognized as top-50 global most innovative startups, top-10 the best hardware startups in Ukraine, top-15 the best startups in Spain.
Objective of the Phase 1 project of SME Instrument is to develop an elaborate feasibility study for System EYE commercialization that would include: a thorough analysis of target markets, unique value proposition and entry strategy validation, regulatory requirements analysis, business model validation and business plan elaboration.
Fields of science
- natural sciencescomputer and information sciencesinternetinternet of things
- natural sciencescomputer and information sciencescomputer securitycryptography
- social scienceseconomics and businessbusiness and managementbusiness models
- engineering and technologyelectrical engineering, electronic engineering, information engineeringelectronic engineeringsensors
- natural sciencesbiological sciencesecologyecosystems
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1Coordinator
03115 KYIV
Ukraine
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.