Search Results for: Automotive

Tata Motors Seeks Blockchain-Enabled Automotive Solutions via TACNet 2.0

A program titled TACNet 2.0 (Tata Motors AutoMobility Collaboration Network 2.0) by Tata Motors, an Indian automotive manufacturer, has invited blockchain-based solutions in different areas. They include validating original spare parts, monitoring fuel quality in real-time, and developing demand prediction algorithms. The President of Electric Mobility Business & Corporate Strategy at Tata Motors, Shailesh Chandra, … Continue reading Tata Motors Seeks Blockchain-Enabled Automotive Solutions via TACNet 2.0

Five Ways Blockchain Technology is Transforming the Automotive Industry

Blockchain, a technology knwon for its application in cryptocurrencies like Bitcoin, has been explored by automakers to enhance security in increasingly connected vehicles. As the average car gets closer to being fully connected, electric, and/or autonomous, there’ll be a corresponding increase within the need for a more evolved database to match – and blockchain is … Continue reading Five Ways Blockchain Technology is Transforming the Automotive Industry

Global Automotive Blockchain Market Value Expected to Hit $2.23b by 2027

The value of the global automotive blockchain market is expected to hit $2.23 billion by 2027, a study shows. $420.1 million was recorded in 2021 based on the need to fight counterfeits for the attainment of high-quality products, according to the analytic firm Research and Markets. A compound annual growth rate (CAGR) of 32.14% is expected during … Continue reading Global Automotive Blockchain Market Value Expected to Hit $2.23b by 2027

HSBC Undertakes Blockchain-based Trade Finance Transacntion for Automotive Sector in the Middle East

Through the Contour platform, HSBC conducted a blockchain-based trade finance transaction between SAIC Motor, a Chinese car manufacturer and Taajeer Group, the exclusive agent for MG cars in Saudi Arabia.  With the help of blockchain technology, it would significantly increase the speed of dealing with paperwork. HSBC noted that by using distributed ledger technology has the … Continue reading HSBC Undertakes Blockchain-based Trade Finance Transacntion for Automotive Sector in the Middle East

Global Automotive Metaverse Market to Have a CAGR of 31.4% by 2030 – Research

Global metaverse for automotive products has been forecasted to increase from $1.9 billion in 2022 to $16.5 billion in 2030, at a Compound Annual Growth Rate (CAGR) of 31.4%.  The projection was unveiled via an article hinting that the increase is caused by the use of metaverse technologies such as Non-fungible Tokens (NFTs) and crypto … Continue reading Global Automotive Metaverse Market to Have a CAGR of 31.4% by 2030 – Research

INX to Issue SEC-Regulated CCNA Token, Emphasizing 'Future of Green Automotive Transportation and Logistics' Concept

INX Digital Company, Inc., a US-regulated broker-dealer, ATS, and transfer agent, announced on July 5, 2023, its facilitation of the primary capital raise and issuance of Convertible Concepts Corporation’s CCNA Token. The digital security token, regulated by the SEC, offers accredited U.S. and international investors the chance to invest in the future of green automotive … Continue reading INX to Issue SEC-Regulated CCNA Token, Emphasizing 'Future of Green Automotive Transportation and Logistics' Concept

Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas

Global leader in semiconductor technology Samsung Electronics recently revealed that it has obtained US government funds totaling $6.4 billion to expand its chip manufacturing facilities in Texas. The United States’ ability to produce chips domestically will be greatly enhanced by this huge investment, especially in sectors like aerospace, defence, and automotive. The 2022 Chips and … Continue reading Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas

Online interview with CEO of Block Chain Impact Hugo Jacques on blockchain advisory and investment

With the number of blockchain start ups booming these years, so does the blockchain ecosystem that support and cultivate the next potential market disrupters. And whether it is for ICO, raising money, or consulting on critical business issues, they are all crucial factors for the success of start up. And getting an advice from a … Continue reading Online interview with CEO of Block Chain Impact Hugo Jacques on blockchain advisory and investment

Blockchain Devices Market to Grow by $1.285 Billion by 2024

Recent research by MarketsandMarkets shows a CAGR of 42.5% for blockchain devices market by 2024. The study was filtered through their report, “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography – Global Forecast to 2024.” The research … Continue reading Blockchain Devices Market to Grow by $1.285 Billion by 2024

Is Blockchain the New Frontier for Human Sexuality?

1983’s sci-fi movie Brainstorm featured a device that could record an individual’s physical sensations and emotional feelings, and transfer these onto a tape-like medium, so they could be shared with others.  The more mundane experiences of rollercoaster rides, high-speed chases, etc., inevitably give way to one of the human being’s most basic instincts: the sexual … Continue reading Is Blockchain the New Frontier for Human Sexuality?

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