Why automakers want to bring blockchain technology to your car


Autonomous Vehicle News

ARTICLE SOURCE

Today, we discuss the impact of one such futuristic technology in the automotive sector that is, blockchain technology. Four of the world’s biggest automakers have joined hands with other technologically advanced companies to integrate blockchain technology, within the comfort of your car. Ford, BMW, Renault, and General Motors have expressed their initiative to explore blockchain technology by extending their support to the Mobility Open Blockchain Initiative (MOBI). This event brought about awareness among the masses on how to inculcate common standards of blockchain technology and distributed ledger technologies. B] Car Owners:Buying and selling a car- Blockchain has enabled flawless transparency in the car selling process.