Los Angeles — 19 July 2022: Trusted multiparty track-and-trace systems are needed to effectively manage assets in the value chain, enhance interoperability between stakeholders, and empower consumers to make informed purchasing decisions with confidence. This can be accomplished by imbuing each asset with a unique, machine-readable identity which would connect the physical asset to its tamper-resistant Web3 identity on the blockchain, as peer-to-peer traceability requires that all participants reference a standardized framework for identifying assets as they travel upstream and downstream the value chain.
MOBI and its members released the Rechargeable Battery Identification Number (BIN) Standard today to define such a framework for stakeholders in the global battery value chain. MOBI BIN standard specifies the format, content, and physical requirements for an indelible globally unique identity of battery packs, similar to the ISO Vehicle Identification Number (VIN) Standard. This indelible BIN on battery packs will facilitate battery data retrieval, accurate and efficient battery recalls, global battery passports, recycling certification, battery swapping, peer-to-peer battery energy sharing, and life cycle traceability.
The BIN is composed of a Battery Manufacturer Identifier (BMI), a Battery Descriptor Section (BDS), and a Battery Identifier Section (BIS), each of which denotes a battery’s specific characteristics, integrated with a unique and traceable identity. The standard is open for a 60-day review period on MOBI’s website. Community and industry colleagues are invited to review and give feedback to improve the standard using this form: dlt.mobi/bin-feedback.
The BIN Standard was made possible by the contributions of Accenture, ASJade Technology, Aucnet Inc., Amazon Web Services (AWS), Arxum, Blockedge, CarIQ, CEVT, DENSO, Ford, General Motors, Henshin Group, Hitachi America, Ltd., Honda, IoTeX, ITOCHU, NuCypher, peaq, and Reply.
As the industry transitions toward net-zero value chains for rechargeable batteries, it is important to define and adopt a trusted multiparty identity recognition system that enables all ecosystem stakeholders to create, use, and decipher BIN codes without relying on third-party equipment. By opening the standard, MOBI and its members hope to spur industry adoption of the BIN towards battery supply chain track-and-trace applications such as a global battery passport.
MOBI is a nonprofit alliance of many of the world’s largest vehicle manufacturers, suppliers, startups, governments, transit agencies, NGOs, insurers, financial institutions, toll road providers, smart city leaders, and technology companies working to accelerate adoption and promote standards in blockchain, distributed ledgers, and related technologies.
MOBI and its members are creating simple blockchain-based standards to identify vehicles, people, businesses, and MOBI Trusted Trips to enable Web3 transactions with the goal of making transportation more efficient, equitable, decentralized, and sustainable. MOBI itself is technology and vendor agnostic. For additional information about joining MOBI, please reach out to Griffin Haskins (email@example.com) or visit www.dlt.mobi.
Media Contact: Grace Pulliam, MOBI Communications Manager
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