autoevolution 22 Apr 2021, 15:49 UTC · by 1 photo Renault developed XCEED (eXtended Compliance End-to-End Distributed) as a response to market surveillance regulations that were introduced in 2020. This meant that automotive suppliers needed to find the most effective way to certify the compliance of all vehicle components. This is where blockchain technology comes in. It’s basically a network that allows information regarding vehicle components to be shared among multiple parties and also tracked by each one. In fact, the biggest advantage of XCEED is that information can be obtained almost in real-time, regardless of the vehicle’s production date. Considering that there are countless parts that go into the assembly of just one car, the ability to track their compliance in real-time is impressive.