Motor - Page 2 of 8

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

Positives Out of the Wuhan Coronavirus: Blockchain Educators in the City

For many outside of China, the city of Wuhan is now identified as being ground zero for the recent outbreak of the coronavirus, but some amazing innovation has come out of China’s seventh biggest city in recent years. Already established as a major motor manufacturing hub, the region is also making waves in the blockchain … Continue reading Positives Out of the Wuhan Coronavirus: Blockchain Educators in the City

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?

Former Nissan CEO Paid Crypto Worth $500,000 to Flee Financial Charges in Japan

Carlos Ghosn, the former Nissan Motors CEO and Chairman, paid cryptocurrency worth nearly $500,000 to escape criminal charges he was facing in Japan. This payment was made by his son Anthony Ghosn to American citizen Peter Taylor, according to the Reuters. Private jet escape According to a court filing by US prosecutors, Carlos fled Japan … Continue reading Former Nissan CEO Paid Crypto Worth $500,000 to Flee Financial Charges in Japan

Tokyo District Court Ordered Japan’s First Bitcoin Seizure

The Tokyo District Court has set a legal precedent for the cryptocurrency industry in Japan, by issuing the first-ever Bitcoin seizure in the nation’s history. The Tokyo District Court ordered a seizure of nearly $50,000 worth of Bitcoin (BTC) in relation to a cyberattack hack that was enacted against Coincheck exchange in 2018—setting a Japanese … Continue reading Tokyo District Court Ordered Japan’s First Bitcoin Seizure

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

Elon Musk, The Richest Person on Earth, Wants to Be Paid in Bitcoin

Elon Musk, the founder of Tesla Motors, US giant company behind the manufacturing of electric cars, and SpaceX, an aerospace manufacturer and space transportation firm, has mentioned that he would never turn down being paid in Bitcoin. Musk was responding to a tweet posted by Ben Mezrich who said: “I’m never turning down getting paid … Continue reading Elon Musk, The Richest Person on Earth, Wants to Be Paid in Bitcoin

Bitcoin’s Market Capitalization Bigger Than Tesla and Ford Combined

The recent bull run of Bitcoin (BTC), the first digital cryptocurrency has created awe that has stretched far beyond the crypto space. Many people, particularly those who have no Bitcoin holdings are beginning to pick interest in the asset, particularly through the attention the mainstream media is showering on BTC. Without paying much attention to … Continue reading Bitcoin’s Market Capitalization Bigger Than Tesla and Ford Combined