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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 ...
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.
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.
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...
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 rolling back odometers and selling flood-damaged vehicles. In so doing, the organization seeks to track...