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

Blockchain and AI: The Delicate Balance Between Two Cyber Titans

‘The Skynet Funding Bill is passed. The system goes online on August 4th, 1997. Human decisions are removed from strategic defense. Skynet begins to learn at a geometric rate. It becomes self-aware at 2:14 AM, Eastern time, August 29th. In a panic, they try to pull the plug.‘ -The Terminator, Terminator 2: Judgment Day Back … Continue reading Blockchain and AI: The Delicate Balance Between Two Cyber Titans

How to Build Sustainable Mobility With Blockchain?

Pursuit for improvement drives innovations in any sector, including transportation. The quest for efficient and fast traveled to the invention of trains and other mass transit services in the 19th century. The 20th century saw an urge for convenient travel among people, with the vehicle of their choice. This resulted in the proliferation of private-owned … Continue reading How to Build Sustainable Mobility With Blockchain?

May 31: Everyone Wants to be the Broker in Crypto

Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. If you like the article, please follow us here on Blockchain.News so you won’t miss our future publications. A flurry of “prime broker” headlines past few … Continue reading May 31: Everyone Wants to be the Broker in Crypto

Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials

The Chinese police arrested a crypto scammer gang in Wenzhou that reportedly swindled $14.3M in cryptocurrencies.   The gang, which was made up of Chinese graduate classmates, operated by reaching out to victims through Telegram group chats, one of which was called “Huobi Global Moving Brick Arbitrage HT Chinese Group Community.” By posing as the global investment group and with the help of devised marketing … Continue reading Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials

US Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi Scheme

US prosecutors have recently indicted a group of investment scammers who have orchestrated a cryptocurrency mining fraud following a Ponzi scheme protocol.  Ponzi Scheme Promises High Return, Minimal Risk The five scammers involved were reported to have traveled around countries in Latin America, Asia, Eastern Europe, and around the United States to promote memberships for their company AirBit Club. Through membership … Continue reading US Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi Scheme

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

Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week

Federal Reserve Chairman Jerome Powell will be speaking to the International Monetary Fund (IMF) next week as part of its panel on the future of cross-border digital payments. Fed Chair Jerome Powell will speak next week at the IMF’s annual meeting as part of a panel that will discuss digital currencies and cross-border payments. The … Continue reading Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week

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