MG to roll out new SUV with blockchain digital passport
Other renowned automotive companies are also designing a similar product but MG Astor will be the first commercialized car in India with a digital passport.
Other renowned automotive companies are also designing a similar product but MG Astor will be the first commercialized car in India with a digital passport.
Marketing consultancy firm Simon-Kucher & Partners foresees blockchain in the automotive industry creating $120 billion in revenue by 2030.
carVertical's app is designed to prevent used car frauds. It puts all of the information about a vehicle on the blockchain, making it immutable and permanent.
The Ford patent is designed to protect a system of “vehicle-to-vehicle cooperation to marshal traffic,” a model that looks at ways of allowing cars to communicate with one another to ease traffic flows and improve congestion.