Vehicle

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

Authentication of vintage cars is one of the few cases in which Lamborghini, an Italian car manufacturing company, is experimenting with the Salesforce blockchain that the company launched a few months ago. The announcement was made in recent days at the Dreamforce 2019, the event that brought 180,000 participants to San Francisco.

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.

Ford Motor Company, an American multinational automaker, is planning to extend its plug-in hybrid electric vehicle (PHEV) test in different zones including Cologne, Italy and other parts of Europe. It will further explore how groundbreaking and advanced geofencing, distributed ledger tech (DLT) and blockchain could be of help in making accurate tracing and upturning the total amount of “green miles” compelled by automobiles.

Five giant automobile manufacturers including Renault, Ford Motor Company, BMW, Honda Motor and General Motors (GM) will start field tests by November this year in the United States for a vehicle identification system that is entirely based on blockchain and distributed ledger technology (DLT).

Blockchain technology has played an important role in boosting the sharing economy’s technological infrastructure and developing innovative services in Italy since it is seen as the most suitable solution to major issues including security, privacy, transparency and interoperability.

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.

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.

There’s an app for just about everything today, and parking is no exception.