Skip to playerSkip to main contentSkip to footer
  • yesterday
The future of transportation is here—and it’s powered by blockchain! Discover how CodeNekt, Avalanche, and Zeeve are teaming up to revolutionize mobility with:

🔹 Decentralized vehicle identity & ownership tracking
🔹 Smart contracts for automated tolls, insurance & repairs
🔹 NFT-based car passports & maintenance logs
🔹 Lightning-fast transactions on Avalanche’s eco-friendly chain

From connected cars to decentralized ride-sharing, this collaboration is building the Web3 infrastructure for tomorrow’s smart mobility.

👉 Like, Subscribe & Hit the Bell to stay updated on blockchain’s real-world disruptions!

#Blockchain #MobilityTech #Avalanche #Web3 #Innovation

Category

🤖
Tech
Transcript
00:00hi everyone welcome to the special edition of our web3 voice talk show and today we are exploring
00:11how blockchain infrastructure is powering real world innovation especially startups you know
00:16working in the enterprise domain and in this case we are looking at transforming the automotive
00:22industry especially data compliances data management and plethora of use cases coming
00:27out of it with me i have two brilliant guests francis who is the founder and ce of codenect
00:34a very fast-growing automotive web3 startup that's leveraging avalanche l1 for vehicle identity and
00:41maintenance and we also have martin akard senior director at avalabs the powerhouse behind avalanche
00:48and the avalanche l1 stack and my name is ravi i'm the co-founder ceo of zeev and we are very thrilled
00:54to be supporting this journey through zeev cogitas a one-click avalanche l1 deployment and inframanagement
01:00platform so first of all i would like to welcome francis and martin on this and before we get on
01:05to details you know a quick introduction as to you know about yourself and how your web3 journey has
01:11been so far so francis starting with you hi everybody hi ravi martin thank you for having
01:17us here so well i've been an entrepreneur for 26 27 years in the it ecosystem um and um i've been
01:27involved in in blockchains through personal personal approach because i was interested in interested in
01:34cryptocurrency 2016 2017 and when then i had the idea of of building codenect and and and traceability
01:44for for vehicle industry i obviously uh thought about blockchain as a stack for for this so that's
01:51how i involve i've been involved in the blockchain space professional got it very exciting and and
01:57martin a brief introduction and your journey yes sure so i'm martin i'm leading the developer
02:02relations function here at avalabs and i'm incredibly excited i got into blockchain through
02:07research i studied at coneltech in new york city and was lucky enough to do some work with
02:12and got very excited about stuff that is kind of like more happening under the hood but also in the
02:17application layer in the blockchain ecosystem and then eventually i joined avalanche the avalanche
02:22ecosystem and then eventually also avalabs as a developer relations engineer and took over the
02:26the function eventually so super excited to work in the realm of multi-chain systems and yeah how they
02:32enable kind of like these ones like codenect to yeah really build interesting applications on chain that
02:38are pretty pretty innovative absolutely thanks thanks francis and martin so francis starting with
02:43you you know the core of of what is what is the core problem that you're solving at codenect
02:48whether it be vehicle owners or fleet owners and businesses so as a brief about what codenect is and
02:54how it is solving and then at the same time you know why you chose blockchain yes well the the the
03:01the first need was to avoid scams when you buy a used car you know because today when you buy your car
03:08you don't have the full history of the vehicle you don't know all all what has has been done on the
03:14car you don't know the maintenance sometimes you don't have all the documents etc so we need to solve
03:20this problem and well from the beginning we we wanted to to build a solution on the blockchain
03:27to avoid any manipulation of the information to avoid modification of the mileage for example
03:33because of course when the data is on the blockchain it can be modified by design but yeah
03:39we wanted to to to to guarantee that all the information is real and that we have all the events
03:49of the car registered so and the on the blockchain and then verified by the different different stakeholders
03:56so yeah that's why we built we built this this this layer one and and what what is the purpose of
04:03using blockchain tech uh traditionally we have seen a lot of web 2 applications also have been designed
04:08which has got data security so where do you think blockchain fits in very well into the use case
04:14yeah blockchain for for these can bring interoperability to to all the stakeholders today you know all
04:22all the actors work in silos you have the manufacturers you have the insurers the rental companies etc and
04:29all the information is not is not distributed between all these actors so we need to have something that
04:36can be interoperable and and managed by a third party because if you uh if you have i don't know for
04:45example general motors they they don't want to share their data with other actors uh but they have to
04:52because if you want to have this full traceability you have to uh to to collect the information from
05:00everyone and and having a blockchain that can communicate with different it systems different type of
05:07factors uh etc and bring value to the user because uh the value uh is for the the user at the at the end
05:17so uh the the blockchain can help to to solve this problem and and not its classical systems oh i think
05:24uh you have made some very interesting points and you are absolutely right i think digital record
05:28management whether it be data provenance or data storage or data accessibility with proper access
05:34controls i think blockchain is is the app technology to to you know deliver on these these kind of use
05:40cases or challenges so just one follow-up question so traditionally you know we have seen enterprises
05:47using some of the permission chains of yesterday's like you know hyperledger or r3 code and then you know
05:53we have seen some startups even if they're working on enterprise use case they may launch directly on a on a
05:59public chain why in your case you chose to go with avalonch l1 your own custom blockchain using avalonch
06:06l1 stack yeah you're right well from the beginning we need to combine you know performance of course
06:13control and and compliance and all this require you know require something very specific for for the
06:21industry and it's not as i said it's it's not just about a cryptographic transactions whatever uh we handle
06:28critical vehicle vehicle data ownership records maintenance history insurance and even environmental
06:35compliance so this means that high uh through their confidentiality interoperability and industrial
06:42systems so at the long term traceability for for all our disease is essential uh you know it's an essential
06:51criteria and our architecture is designed to support tokenized vehicle as real world assets as well so
07:00we need to we need a native blockchain to support all these same things from the start so yeah that's why
07:07we had to build something for for the for the industry and to be more comprehensive for for them for the the
07:14different actors absolutely i think you have covered some very strong points about the l1 stack you know
07:20whether it be scalability tens of thousands of tpas with you know control over the user experience with
07:26gasless transactions or data privacy now you know i would like to but but as we know the avalanche l1
07:32stack is is powerful in many other ways and martin you know if you can walk us through the avalanche l1
07:40modularity and and you know how it helps not just to launch permissionless l1s but also fits in use
07:47cases as as code net you know direct enterprises or startups working in the enterprise space yeah
07:53sure and so i think there are many different aspects to the l1 blockchains right like and i think
07:59zooming out the real power of l1s is that they give the builders full control over the entire stack
08:06right like so that means including the execution environment things around transaction fees so full
08:11on economics but also permissioning confidentiality and all these different kind of like features here
08:17right and these are sometimes more difficult to achieve in in other technical settings but with
08:22l1s right like you have full control over their entire stack and no dependencies with other layers or
08:27anything like that so like diving deep into that right like what does that mean right like especially for
08:32teams like codenact right like that wanna offer their service but you know like obviously wanna
08:37be set up for growth so ideally you know like in a few years from now it won't be like a few cars on
08:42on chain but like you know like there are many cars on in the world so really opening the door to
08:47being scalable and being able to do that in an economic way where you can have where your your cost
08:53ideally do not grow with your business right like that's that's really what's what's there so avalanche l1s
09:00really offer a way where there's more like a stable infrastructure cost and then you can grow your
09:04business without worrying about that cost going up right and then i think there's like yeah like
09:10definitely things like you know like privacy since you your l1s are standalone blockchains they don't
09:15settle anywhere they the data isn't going anywhere like it's all staying within that l1 so things like
09:20compliance confidentiality of the data they're much easier to achieve because we can actually use a
09:26blockchain as we know it and as it's being used on ethereum but just kind of like put it into a
09:30walled garden if it's necessary right other approaches are a lot more difficult right like
09:36on-chain encryption full amount of encryption are all possible but you know like they introduce a lot
09:40of technical overhead economic overhead so kind of like this walled garden approach has been really what
09:45has been shown in an industry standard and because it's just easy and effective and then you know like
09:52going uh even further right like you can look into customizability kyc requirements and all that kind
09:57of thing that you can be sure that you know like everything that is happening on your chain is
10:02actually what you want to be on your chain right like you don't want just anyone to deploy a smart
10:06contract someone launch an nft collection on your enterprise blockchain or anything like that right
10:10like these are all these things that are really easy with avalanche and that's why i think it's
10:15gaining more and more popularity in the enterprise and institutional space i got it i think that's a very
10:20interesting set of features and i think we are in the middle of it you know we have been working
10:24with avalanche subnets for quite some time and then later on with the new rebranded version the
10:31avalanche l1 so yeah so martin i think avalanche l1 is very very lean with predictable cost as you
10:37rightly said on the infrastructure side and at the same time you know massive amount of flexibility you
10:43get in terms of conflicts from guest list to your own defined guest conflicts to you know managing
10:50the value data set permissionless nature to permissioned or somewhere in between data
10:54compliances so i think yeah these are some incredible points and and i think rightly you know avalanche
11:00l1 is is gaining a lot of traction in last six months and we are seeing many many more people even
11:06we are seeing a lot of startups and enterprises moving from the
11:09earlier stacks and looking at avalanche l1 very closely so one one more follow-up question martin
11:15so how avalanche is evolving to you know support more vertical specific customers like codenet you
11:22know we are seeing a lot of enterprise use cases are gaining a lot of traction whether it be rwa deep in
11:28or ai and we are seeing a lot of enterprise participation coming into which is a very good for the ecosystem
11:35because we have seen enterprises adoption has been very slow uh in the initial few years but now i
11:40think it is growing so how do you think avalanche is supporting and and what what all you are doing
11:45apart from the infrastructure stack which is awesome but what what are other other things that you are
11:49bringing to help the ecosystem grow yes so i think there are there are a few things that you need to
11:56get started on chains right like obviously you need a blockchain you got that with an l1 but then there
12:02are many many follow-up questions with like okay like now you have your blockchain you have a very
12:05economic solution for your application but you know like you don't want to be on your small island
12:10you know like just by yourself right you need maybe things like stable coins liquidity maybe you need
12:15interoperability with networks within the avalanche network but also beyond right like so i think
12:20one big theme in our ecosystem that we've been working on for for a while and that we are very happy with
12:25is that we actually brought into production real interoperability between the chains in the avalanche ecosystem
12:31so you know like today you can go to z for example they spin up your one and they will be able
12:36to you know like in a very short time without talking to any third parties or are you paying any
12:41integration fee or anything right like they can set up a bridge for let's say a stablecoin usdc
12:46for example to ul1 right and that bridge is secured by the avalanche network right so that is incredibly
12:54powerful right like that you can do that without you know like any third parties without massive costs so at a
12:58a very economic price point you can set up your own block space that is connected and you can also set
13:03even further bridges you know that take you to ethereum or solana or wherever you need to go
13:07right so that is one very very important theme and then i think really kind of like the whole suite of
13:13products around it right like indexing making this all very seamless and i do know that ziv has really
13:18pioneered in this space also right like indexing block explorers everything you need just from the start
13:24right like you can get out of the box with your l1 and i think that way what makes it very attractive
13:29for many enterprises also a lot of gaming projects and yeah because you can you can get all these
13:34benefits of l1s without having you know like to take cuts on the on the integration side and all that
13:40got it no i think that's pretty interesting and and martin still i would like to add a few points i think
13:46you're helping much much more than what you just mentioned so there is a massive grant program and and you
13:53know support structure within avalanche we have seen customers who want to seek help specific to
13:59let's say ai or or rwa and and there are specific domain specific experts within avalanche who can
14:06help with them and connect them and make connections or whatever whatever help a startup requires in the
14:11initial journey and there's a massive retro 9000 grant program that again helps the startups in the
14:17initial journey becomes very very helpful and it's not just the capital but it's it's about the
14:22overall support that avalanche has been providing so i just i thought that i'll add a couple of
14:27points here because we have been telling all these points to all our customers as well so in the in
14:33the avalanche foundation right like there's avalabs and there's also the avalanche foundation and there
14:38are many many teams that are working either vertical specific so there's an own ecosystem growth team for
14:43gaming and only ecosystem growth team for institutions that are trying to make the journey of that one as
14:49seamless as possible and connect them and really enable these network effects right like because
14:53avalanche is a multi-chain network and there is already a large number of l1s but you know like
14:58hopefully in the future we will see many many more of them thousands if not more so that's what we're
15:03all going for and these you know like it's good to have them all in the network but it only becomes
15:07really powerful when they are connected they work with each other they are interoperable and you know
15:13like these networks effect really take off and yeah so our team is super happy to you know like help
15:18with technical support from the developer relations side but also ecosystem growth the support meaning
15:22making connections helping fundraising and then obviously also from the grant and financial side
15:27with the foundation there's the infrabiddle project infrabiddle ai retro 9000 retroactive grants
15:33yeah so so many different offerings and we're trying to work with the l1s very effectively to
15:38to get them to success oh absolutely i think everyone agrees to that and francis you can see
15:44you have chosen l1 i think that's a that's a pretty right choice so francis what does your roadmap looks
15:50like you know any exciting features of partnerships that are coming in any new use cases that you see
15:56that we are going to see in the next one year well the the we are integrating our first partner
16:02technical partners in the automotive ecosystem so through our mobile apps because our users have
16:09a mobile app and a sas platform for uh companies so we are integrating the the partners to to involve
16:16them in the in the in the journey of the user through our app and all the information that that
16:23are collected from these partners will will be stored in the in the nft of the car so this is the the
16:29the first feature for first and this is how we collect this this data for for the traceability the
16:35the next level will be the rwa part because and you have the full information of the of the car in an
16:43nft it's certificate it's it's document etc you can have the value of this car and this value is is is
16:51used for the rwa part and this is what we are building yeah now and and for the the following months so this
17:01is yeah this is a new i think i can say new era for for vehicle ownership even uh new use cases as
17:12vehicle share sharing lending uh etc so the the this new use case is yeah is is pretty pretty good design
17:20got it no i think that's a pretty ambitious roadmap and and we definitely you know are with you to
17:26support you in any ways on the itra side and we wish you all the best you know to achieve all these
17:32features that you have planned so one last question since you know all our podcasts are very much focused
17:39on you know give you know helping startups with their go-to market but at the same time you know the
17:45young budding startups who are getting into web3 so in this case any builders out there who want to
17:52launch their own l1 so what what advice would you like to give to such founders starting with martin
17:57yeah i think really look at how you can choose a future-proof stack that can grow with your business
18:05i think that's really important you know like not getting impressed by any short-term gains or you know
18:11like a very attractive program so i'd like we've seen many projects that are trying to build something
18:16and then eventually they hit the limits of the stack they chosen and early on for technical reasons or
18:22just i don't know business reasons and really think about like okay this is such an integral part of
18:27your product if it doesn't work you know like it it's gonna put a lot of challenges on on the
18:34engineering team on the business team timelines are getting hard to hit so you know like i'd really tell
18:38them you know like look out for that critical decision choose something that is battle tested
18:43choose something that is working in practice and that has a very clean track record i'd say
18:48absolutely i think absolutely on point i totally agree with this we have worked with various stacks and
18:54we know that there are lots and lots of protocols who have launched the stack but i just would like to
18:59say that it's it's actually a very very uh huge endeavor to launch a stack because you know it takes
19:06a lot of commitment it requires a lot of resources and then you know uh critical nature because
19:13these stacks die out so to have us like as you rightly said battle tested that means you know
19:18a stack which is highly mature which has got massive adoption and then there is an ecosystem around that
19:23to support all the builders out there i think that's super super important and i think l1 is is
19:29absolutely awesome in all these regards francis uh what you would like to say to uh budding builders
19:34yes well i totally agree with what you both said our we need as a startup we need to be focused on
19:41our vision you know and and our core uh core business so we have a developer and we have a team
19:49everything is okay but an infrastructure needs i think it's it's good to have partners uh who can
19:57do this you know and so so we can we can stay focused on on our core core business and and this
20:03team and we our um our choice was ziv and and for us uh ziv ensures of course the the deployment of of
20:13the the the layer one but also availability ziv offers uh as well as scalability uh etc so if we need
20:22to scale we know that we have a partner uh that can help us with that and we don't have to to yeah
20:29to work on on all the infrastructure the the pure technical side of the infrastructure it's here
20:36because we need it and we don't need to yeah to build something that already exists and and we have
20:43ziv as a partner for for that so yeah be focused on on your vision as a startup and let others do the
20:50technical and technical infrastructure uh thoughts thanks francis uh i think that's a very strong
20:56point and i just would like to add another point to that you know be very focused on the problem
21:01statement what problem you're solving because end of the day it's all about solving a real problem and
21:06then you know it will be very easy to acquire users get transactions build community build your
21:12ecosystem and and and you know have a massive growth in whatever venture you are building out there
21:17so thanks i think this has been an incredible conversation i think what code neck is building
21:22is is a textbook example of how real world industries can be transformed using blockchain
21:27tech and so thanks a lot francis for sharing your code neck journey i think it will be helpful for
21:32lots and lots of budding builders and thanks a lot to martin to help us understand the power behind
21:39avalanche and the avalanche l1 ecosystem and how avalanche is helping builders with not just the
21:45an awesome tech stack but also other ways you know where they are helping builders and not just in
21:50the crypto native space but a lots of enterprises and startups who are working in the enterprise space
21:55so thanks thanks once again for joining and with that you know i would like to say keep building keep
22:00smiling thank you thank you thank you thank you thank you cool i think

Recommended