Search results for automotive

Soon, owners of Electric Vehicles (EV) will have the chance to benefit from the first-ever blockchain car charging network.

BMW Group, a popular luxury carmaker, will involve blockchain in its purchasing processes to guarantee the effective traceability of raw materials - from mines to smelters - and other important items. The new platform is expected to be launched at the end of 2020.

General Motors Ventures investment section has agreed to collaborate with a blockchain startup to work on a protocol and also develop a fraud protection system for the auto financing sector. General Motors (GM) will put much attention, knowledge and money to invest in this project, so as it can reach to its fruition.

New innovative technologies such as blockchain and distributed ledger technology adopted in day-to-day activities, continue to stand the test of time. With the growth of the giant companies turning to adopt Blockchain the trust in the future of this innovative technology grows respectively.

According to the research of the Internet of Things Observatory of the Politecnico di Milano,  the market favors the development of the Internet of Things (IoT) sector which increased by 35% last year. This technology can offer even more perspectives in the future, thanks to possible integrations with blockchain and artificial intelligence (AI).

Digital Vehicle Dossier enables users to certify the life cycle of their vehicles. The project mainly looks at blockchain to comprehend the first automotive application of this nature. The App will soon be available via the iOS and Android App Stores.

Blockchain technology has found applications in many industries, even the most unexpected. A recent study revealed that blockchain is going to become a disruptive force in the automotive sector. A major breakthrough is expected to happen within the next three years.

ShareRing, an Australian startup aiming to revolutionize the sharing economy with blockchain, has been announced as one of the tech companies participating in the brand new MOBI consortium.

The Toyota Research Institute has announced it has partnered with MIT Media lab to explore Blockchain technology and the possibilities of using its advantages for self-driving cars.