SOUTHFIELD, Mich. (Nov. 13, 2019) ― DENSO, the world’s second largest mobility supplier, is taking part in the MOBI LA Colloquium, Nov. 12-13, in Los Angeles. The event, which is intended to explore how blockchain, the Internet of Things (IoT) and artificial intelligence (AI) are being deployed in smart city ecosystems, is produced by the Mobility Open Blockchain Initiative (MOBI). MOBI, of which DENSO is a member, is a global consortium of businesses and organizations dedicated to innovating mobility services through blockchain technology, or a decentralized record of data transactions linked through cryptography. As a proponent of safe, efficient mobility services, DENSO recognizes the value of emergent solutions like blockchain in advancing smart transportation technology and infrastructure.

Society is more connected than ever, transportation included. As such, DENSO aims to leverage connectivity and the technologies it enables, like blockchain, to be a leader in smart mobility ecosystems. As part of this effort, the company recently announced a "$1.42 million investment to launch a smart mobility ecosystem of its own in Dublin, Ohio. In the project, DENSO is partnering with the city, startups and local schools to test and implement smart infrastructure technologies, research value-added mobility services, and gather previously untapped data that is vital to increasing road and pedestrian safety and reducing travel times. The initiative supports DENSO’s expansion into software-based solutions  as it explores new business domains and new customers.

DENSO joined MOBI earlier this year. Within the consortium, Berg serves as vice-chair for the Connected Mobility & Data Marketplace (CMDM) Working Group, which focuses on building standards and policies for the application of blockchain in automotive-related settings. DENSO’s research with MOBI supports its long-term policy a strategic roadmap that guides the company as it creates new value in emerging transportation spaces through innovation and unique partnerships.

DENSO is a $48.3 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 221 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global.

In North America, DENSO is headquartered in Southfield, Michigan, and employs 27,000+ engineers, researchers and skilled workers across 51 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,700+ employees across 14 states (and the District of Columbia) and 41 sites. In fiscal year ending March 31, 2019, DENSO in North America generated $10.9 billion in consolidated sales. DENSO is committed to advancing diversity and inclusion inside the company and beyond – a principle that brings unique perspectives together, bolsters innovation and pushes DENSO forward. Join us, and craft not only how the world moves, but also your career: www.densocareers.com. For more information, go to https://www.denso.com/us-ca/en/.