New global ‘Economy of Things’ platform – the next generation Internet of Things (IoT).
• Allows electric vehicles (EV) to transact directly with charging points, and many other
devices to trade securely.
• Compatible with existing mobile wallets; worldwide partnership with Mastercard and Energy
Web.
Vodafone today launched a new global platform that takes the world of connected devices to the next level by
allowing them to securely trade with each other on a user’s behalf.
Drawing on the strength of its Internet of Things (IoT) platform – one of the world’s largest with more than 140
million connections – the new platform, called Digital Asset Broker (DAB), will help Vodafone customers benefit from
the new ‘Economy of Things’. This is a world in which businesses across multiple industry sectors can transform
physical goods into tradable digital assets which can compete in new disruptive online markets via the platform.
Today, most connected devices and sensors collect and send information via the Internet. The new ‘Economy of
Things’ platform from Vodafone goes beyond that. It allows verified connected devices, vehicles, smart street
furniture and machines to transact seamlessly and securely without human intervention, but with full owner control.
The number of connected devices is predicted to grow globally to 30 billion by 2025. With Vodafone’s platform and
geographical scale, rather than businesses building their own complex system, any device is assigned a unique
digital identity. It can then communicate and transact securely with other devices using wallet and payment
technology secured by the mobile SIM.
In addition to devices on Vodafone’s global IoT platform, the company will also provide secure links to many other
third-party platforms and their associated device eco-systems during 2022, drawing in many industries, from
automotive and energy to manufacturing and supply chain and logistics.
