BMW, Ford, GM: World’s Largest Automakers Form Blockchain Coalition
BMW, Ford, GM and Renault have joined with tech providers to form the biggest-ever consortium focused on blockchain for the automotive industry.
Ford
The automaker's study used blockchain to record hybrid vehicles as they automatically shifted to low-emissions mode in restricted city zones.
Ford, Volkswagon, LG and Volvo plan to take a cobalt-tracking blockchain platform live next year.
A new standard developed in a MOBI working group is aimed at tackling used car fraud with verified car histories.
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.
