Innovating a one-world market for automotiveTM
We’re creating the industry market of tomorrow by leveraging the most advanced technologies available today. It’s our goal to bring a unique, practical and efficient user experience to a global industry of car business users.
From appraising, grading, bidding and buying, to selling, shipping and floor plan lending – dealers, vendors, manufacturers and ultimately consumers, converge within a simple, unified complete market to efficiently conduct business.
Term contracts, costly fees, multiple log-ins, and disparate applications finally go away. In its place: advanced technology with predictive analytics, resulting in a measurable increase of user efficiency and dealer profitability.
Our objective is tall – migrate an industry of habit into a culture of change. DMX is innovating that change with passion, ingenuity and world-class talent.
The DMX platform is architected as an infrastructure of micro-services that can be deployed and each scaled independently.
Collaboration and communication between development teams and IT operations is central to realizing the vision of providing users with the best market digital experience in the industry.
Harnessing the power of Artificial Intelligence and Machine Learning, we are continually building a market of viable analytics for predictive modeling to accurately steer the decision-making process by market users in conducting business.
Supported by the best of breed technologies and communication tools, the DMX product, engineering and QA teams weave it all together seamlessly.
DMX Foundry was created as a blockchain innovation lab for the automotive industry.
Blockchain technology has the potential to redefine enterprises, ecosystems and economies. Entering 2018, the world has seen an abundance of blockchain network pilots across industries, demonstrating that the value of blockchain can be realized only when it spans ecosystems. Sixty-six percent of organizations already active on blockchain are experimenting with a business model that connects people, resources and organizations into an ecosystem1.
As many organizations introducing the use of blockchain are learning, connecting multiple entities across multiple processes is as much a business challenge as it is a test of technological implementation.
DMX is a member of Hyperledger, a Linux Foundation Project, Silver Member of The Linux Foundation and a member of MOBI, the Mobility Open Blockchain Initiative. DMX Foundry is researching and solving dealer and factory integration challenges using the Hyperledger Fabric framework for business and consumer transactions, financing and secure data management.
Trust, security, accessibility and the economics of time and cost continue growing as concerns while the future of technology rapidly develops.
DMX Foundry is innovating business blockchain protocols from corporate to end-user level that will effectively resolve these concerns, harnessing the power of artificial intelligence and machine learning, on a global scale.
1 “Forward Together: Three ways blockchain Explorers chart a new direction.” IBM Institute for Business Value. May 2017. https://www-01.ibm.com/common/ssi/cgi-bin/ssialias?htmlfid=GBE03835USEN
Accurate vehicle information in a shared permanent ledger
The Future of Automotive Data
December 12, 2018 in Basel, Switzerland, DMX showcased its VINblock POC in Hyperledger Fabric at the first annual Hyperledger Global Forum.
As members of the largest, open-source business blockchain development community in the world, DMX is actively participating with a role in automotive in business blockchain development efforts.
Development of VINblock as the first business blockchain solution is underway with a fast approaching announcement and release, followed up by over a dozen use-case chains across dealership, industry vendor and consumer business transactions.