(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/ -- We've 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 and protect vehicles' true identities. The Mobility Open Blockchain Initiative (MOBI)'s member-led Vehicle Identity (VID) II Working Group released the second installment of the industry's vehicle identity on blockchain. The VID II Standard leverages the VID I Standard (a vehicle birth certificate) to describe the use of VID in a variety of practical use cases. The two use cases focused on by the working group (WG) are vehicle registration and maintenance traceability. Vehicle registration on blockchain allows formerly disconnected vehicle registration systems between states and countries to connect using a secure, shared, and trusted ledger. Maintenance traceability will provide a tamper-proof history to buyers, regulators, and insurers, therefore reducing vehicle information asymmetry.