Ten vehicles have been outfitted with geofencing and blockchain capabilities to monitor their fuel efficiency in low-emission zones.
Renault, BMW, General Motors, Honda and Ford are set to begin real-world testing of blockchain IDs for cars next month.
Ford, Volkswagon, LG and Volvo plan to take a cobalt-tracking blockchain platform live next year.
BMW, Ford, GM and Renault have joined with tech providers to form the biggest-ever consortium focused on blockchain for the automotive industry.
A patent awarded to Ford suggests the U.S. automaker is considering cryptocurrency as a way to help cars on the road communicate and reduce traffic.