Daimler AG, the parent company of luxury car maker Mercedes-Benz, has joined the Linux Foundation led Hyperledger project.
Daimler AG CIO Jan Brecht said in a statement:
As part of the move, Jonas von Malottki, an IT executive for Daimler, will join the Hyperledger governing board.
The entry into Hyperledger is Daimler's first major foray into the blockchain space, though there appear to be some connections between the firm and the technology more broadly.
Last month, the conglomerate acquired European payment service PayCash, which supports bitcoin payments. While not explicitly tied to work with blockchain, the acquisition is part of a plan to develop in-car payment services.
Mercedes-Benz Vehicle via Shutterstock
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