Search Results for: Automotive

Recap on 2019 Blockchain Use Cases: Who Got Off the Ground?

R3 Corda Closes 2019 with a Bang Corda is an open-source blockchain platform that enables businesses to transact directly and in strict privacy using smart contracts, reducing transaction and record-keeping costs and streamlining business operations. In a world of permissionless blockchain platforms, in which all data is shared with all parties, Corda’s strict privacy model allows businesses to … Continue reading Recap on 2019 Blockchain Use Cases: Who Got Off the Ground?

Toyota Leasing Issues Debentures Using Blockchain in its $16 Million Thai Market

Toyota Leasing Thailand Co Ltd, the automotive leasing arm of Toyota Motor Thailand, has offered debentures through blockchain’s distributed ledger technology (DLT) based on the Securities and Exchange Commission’s regulatory sandbox.  As reported by Bangkok Post on Jan. 16, DLT was deployed because it enables debenture issuers to view the real-time transactions of debenture holders. … Continue reading Toyota Leasing Issues Debentures Using Blockchain in its $16 Million Thai Market

Mercedes Benz To Launch A Blockchain-Based Carbon Emission Tracker

Mercedes-Benz, the German automobile manufacturing giant reported that they are working in partnership with Circular blockchain to trace automobile gas discharge that is useful to the climate. The blockchain is part of the Startup Autobahn initiative designed to classify cars of the next decade. The companies will deploy blockchain to trace climate-relevant gas emissions and the … Continue reading Mercedes Benz To Launch A Blockchain-Based Carbon Emission Tracker

Toyota Reveals Blockchain Lab to the Public After Almost a Year of Development

Japanese automotive company Toyota Motor Corporation, in collaboration with Toyota Financial Services Corporation announced its Blockchain Lab involving six Toyota Group companies. The Lab plans to focus on exploring the future of the automotive industry, and said it aims to become a “Mobility Company.”  One of the largest focus areas of the Lab is identity, … Continue reading Toyota Reveals Blockchain Lab to the Public After Almost a Year of Development

What are the Roles of Microsoft Azure and Amazon Web Services in BMW Group's Blockchain Pilot?

BMW Group, a famous global premium manufacturer of motorcycles and automobiles, seeks to expand its pilot blockchain project, dubbed PartChain, to its international supply chains that are muddled in complexity. According to an official announcement, blockchain technology will be instrumental in propelling the traceability and transparency of crucial raw materials and parts as it will … Continue reading What are the Roles of Microsoft Azure and Amazon Web Services in BMW Group's Blockchain Pilot?

Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

At least 100 car dealers in the UK have inked a partnership with London-based AutoCoinCars, the nation’s market leader in trading cars with cryptocurrencies. Through the strategic collaboration, clients will be able to purchase cars using cryptos in some of the biggest car dealers in the UK, such as Benz Bavarian, Saxton4x4, and Redline Specialist … Continue reading Over 100 Car Dealers to Accept Crypto Payments in the UK Boosting Crypto Adoption

Renault Deploys Blockchain for Vehicle Compliance Certification from Design to Production

Groupe Renault, a leading French multinational automobile manufacturer, has established the XCEED (eXtended Compliance End-to-End Distributed) blockchain system to certify the compliance of all car parts from design to production.  Adhering to stringent regulations The blockchain-based tool is expected to boost Renault’s efficiency and responsiveness in meeting regulatory stringency in the automotive industry. For instance, … Continue reading Renault Deploys Blockchain for Vehicle Compliance Certification from Design to Production

Auto Giants Consortium MOBI Reveals First Blockchain-based EVGI Standard

The Mobility Open Blockchain Initiative (MOBI)—a consortium backed by Honda, General Motors Company and IBM amongst others—has launched a blockchain-based standard for Electric Vehicle Grid Integration (EVGI). The Need For a Standard In The Electric Vehicle Industry With the rapid transformation of mother earth owing to climate change implications, several companies following government regulations have … Continue reading Auto Giants Consortium MOBI Reveals First Blockchain-based EVGI Standard

Volkswagen's Skoda DigiLab Collaborates with Microsoft for Blockchain-Based Business Solutions

Skoda DigiLab, an innovation hub under the Skoda Auto Volkswagen group, has partnered with Microsoft and Lumos Labs to create innovative blockchain-based business solutions. Tackling business challenges with blockchain Through the strategic partnership, Skoda Auto DigiLab India will be the first original equipment manufacturer (OEM) for the Microsoft Century Program, an enterprise blockchain startup platform … Continue reading Volkswagen's Skoda DigiLab Collaborates with Microsoft for Blockchain-Based Business Solutions

Colnago Deploys Blockchain-Powered Digital Passport for Seamless Cycling Experience

Colnago, a leading Italian road-racing bicycle manufacturer, has integrated blockchain technology into its new bicycles so that customers can get proof of validity and ownership. New technology, as a result, is expected to combat counterfeit and theft. Manolo Bertocchi, the head of marketing at Colnago, welcomed the move and stated:  “We have been looking at … Continue reading Colnago Deploys Blockchain-Powered Digital Passport for Seamless Cycling Experience

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