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December 7, 2022
This year, sentiment has declined to a tepid level with respect to cryptocurrency markets. For example, while some experts still believe that bitcoin could crack the $100,000 mark, the ...
December 7, 2022
This year, sentiment has declined to a tepid level with respect to cryptocurrency markets. For example, while some experts still believe that bitcoin could crack the $100,000 mark, the price of bitcoin slumped to under $16,000 this November.
December 5, 2022
Some auto companies have begun piloting this emerging technology. Volkswagen Group collaborated with tech company, Minespider to trace its raw materials back to the point of origin. Blockchain technology programs at BMW have inspired initiatives that accelerate data visibility.
July 21, 2022
The BMW Group is hosting the first conference on Quantum Computing for Automotive Challenges. The BMW Group sees its role not only as one member of the quantum computing community but wants to actively network, collaborate and thereby bridge the gap between foundational and applied research. With the BMW Group...
January 20, 2021
Per the VID II standard working group, the blockchain will help defragment vehicle registries. Per the working group, the VID II will use the blockchain to offer immutable vehicle records. The Mobility Open Blockchain Initiative (MOBI), a non-profit organization comprising leading automakers, has launched the second instalment of its vehicle identity (VID) standard on the blockchain. A press release unveiled this news on January 19, noting that this release seeks to eliminate practices like rol...
January 20, 2021
Announced on Tuesday, the initiative is focused on developing technologies able to track a car from its manufacture and beyond, including when the vehicle has changed hands, its maintenance history, and records of mileage and any past damage. The developer of the system, the Mobility Open Blockchain Initiative (MOBI), says that this could stop second-hand sellers from misleading buyers, could wipe out the use of tools including roll-back odometers, and could "better track and protect vehicles...
January 19, 2021
(1) MOBI Collaborates with BMW, Ford, and Others on Second Installment of a Vehicle Identity Standard for multi-stakeholder, interoperable mobility ecosystems of the future MUNICH, Germany, Jan. 19, 2021 /PRNewswire/ -- Weve all heard about rolled-back odometers and flood-damaged vehicles touted in better condition. BMW, Ford, and other transportation and blockchain leaders want to slow these practices by joining forces with an ambitious nonprofit startup developing technology to better track ...