Automotive Giants BMW, GM, Ford & Renault on Blockchain Research
Car makers BMW, General Motors, Ford and Renault are the big names behind a new group announced today to carry out blockchain research in the automotive and mobility space. The blockchain has the undoubted potential to impact a range of industries. The distributed ledger component and smart contracts, in particular, could reshape the way organizations and products use and consume data. Along those lines, MOBI said its scope of focus varies from payments, data tracking, and supply management, to consumer finance and pricing, and more futuristic areas like autonomous vehicles and ride-sharing systems.
By bringing together automakers, suppliers, startups, and government agencies, we can accelerate adoption for the benefit of businesses, consumers and communities,” added Ballinger, who was formerly CFO and director of mobility services at the Toyota Research Institute. Blockchain research read more, source: TC