Search Results for: Motors

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

General Motors Files Patent for Blockchain-Based Autonomous Vehicle Navigation Map

Major car manufacturer American multinational corporation General Motors filed a patent on October 1, 2018, which uses the application of blockchain technology and integrates vehicle sensors to build a much-improved navigation map for autonomous vehicles.   The patent was filed on October 1, 2018. However, it was only recently published on the official site of the US Patent & Trademark … Continue reading General Motors Files Patent for Blockchain-Based Autonomous Vehicle Navigation Map

General Motors May Follow Tesla in Accepting Bitcoin Payments but Will Not Invest in Bitcoin – GM CEO

Normal 0 false false false EN-US X-NONE X-NONE General Motors Company may be open to accepting Bitcoin as an official method of payment in the future.  During the firm’s fourth-quarter earnings call conference, General Motors CEO, Mary Barra, disclosed that the automobile company may accept the crypto as a form of payment. Barra revealed this probability when … Continue reading General Motors May Follow Tesla in Accepting Bitcoin Payments but Will Not Invest in Bitcoin – GM CEO

Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT

Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT  Since President Xi Jinping’s original proposal of the Belt and Road Initiative in 2013, a major limitation that the initiative has faced is the underwhelming volume of growth of Chinese goods being traded among the Belt and Road countries and corridors. The … Continue reading Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT

Ford Test Drives the Use of Blockchain Technology for Energy Efficient Vehicles

Blockchain technology is indeed making giant strides in its integration process in today’s digital world. Blockchain technology has currently been utilized by tech-based companies like Samsung, Facebook, IBM, and others, these companies use different blockchain platforms but all to further solidify the position of blockchain technology in the tech world. Ford Motors, the auto giant, … Continue reading Ford Test Drives the Use of Blockchain Technology for Energy Efficient Vehicles

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

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

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