BMW-Backed Blockchain Competition Offers Token Prizes for Auto Tech
The 4-month MOBI Grand Challenge kicks off on October 12, with prizes in the form of tokens donated by Ocean Protocol and Beyond Protocol.
A new standard developed in a MOBI working group is aimed at tackling used car fraud with verified car histories.
Renault, BMW, General Motors, Honda and Ford are set to begin real-world testing of blockchain IDs for cars next month.
While this mining rig can be powered by the hybrid car's battery, the trunk needs to stay open to avoid overheating.
General Motors will chair the next autonomous vehicle data markets working group, using blockchain to help share self-driving data.
BMW Group Asia, Intel and Nielsen are now corporate partners of the Singapore government-supported blockchain accelerator Tribe.