Nov 28, 2019 at 10:36
Lamborghini to Validate Heritage Vehicles On Blockchain
Automobili Lamborghini S.p.A, an Italian automotive brand and manufacturer of luxury sports cars and SUVs based in Sant'Agata Bolognese, is using the Salesforce distributed ledger technology (DLT) – blockchain - to verify its vintage vehicles.
Nov 02, 2019 at 10:29
Volkswagen to Use Blockchain-Based Raw Material Tracking
Recently, a statement came from Certification of Raw Materials (CERA), the certifying authority for raw materials, announcing that it had implemented a distributed ledger technology (DLT) and blockchain system to trace and track minerals, and many other valuable materials in Italy, U.S. and other parts of the world. The largest automaker by worldwide sales in 2016 and 2017 based in Germany Volkswagen, is also part of CERA.
Aug 05, 2019 at 14:31
Volvo Cars Manufactures First Cars With Recycled Cobalt Mapped Using Blockchain
Volvo Cars, a Swedish luxury vehicles firm and a subordinate of the Chinese automotive firm Geely, has manufactured the first-ever cars using reprocessed cobalt delineated with the help of blockchain tech and has further entered an isolated initiative to oversee cobalt from different mineral-rich countries including the DR Congo (DRC), Uganda and others.
Drivers to Earn Cryptocurrency Thanks to Jaguar Land Rover
In an effort to improve the situation on the roads, U.K-based car manufacturer Jaguar Land Rover (JLR) is experimenting with smart wallet technology that will enable auto enthusiasts to be rewarded in the form of IOTA cryptocurrency for various actions like reporting traffic jams, potholes, accidents etc. to responsible local authorities.
Italy: Automotive Industry Embraces Blockchain
ACI and EY have officially proclaimed a blockchain technology-based Digital Vehicle Dossier project. EY has chosen to use a hybrid blockchain tech for this project so as to process a bulky number of transactions. They aim to create an ecosystem of interoperability.