XOYA

MONETIZING DRIVING DATA IN EXCHANGE FOR MOBILITY

• The XOYA vision means collecting, aggregating and monetizing Driving Data in exchange for mobility services rendered to the driver or passenger
• Driving Data is processed and sold in the name and for the account of the driver or passenger only (privacy by design), thus they retain full authority and control over the Data
• The key idea is to enrich real-time automotive Data with other Data clusters in order to establish a genuinely new category of Driving Data
• XOYA aims to make Driving Data transferable irrespective of the underlying car and hardware
• Consequently an open legal & technical de facto standard needs to be established: Driving Data is to be traded & transferred as an independent asset class. Over time this will lead to the enfolding the true value of the Data
• In this context, XOYA considers its activities as a front-running initiative, cooperating with other innovative business models, working on the idea to exchange Data into tradeable assets and thus the creation of „second generation“ data cash back business models
• With the combination of its own car hardware and software elements, XOYA is in a unique position to pilot its vision in a way to best predict the success of a full role out (network effect) through AI supported simulation
• XOYA’s independence within the future stakeholder environment makes it an ideal joint venture partner with whom to investigate, develop and test the approach in real world conditions and therewith becoming part of the de-facto standardization process
• XOYA is suitable for a corporate „start-up“ model whereby the development takes place outside of the established player in consideration for a subsequent white label adaptation and implementation
• Ideally XOYA’s efforts will be orchestrated within a diverse stakeholder setting, including  telcos, OEMs‘ software houses, operators, governments and (test)communities