BMW, Ford back development of vehicle 'birth certificates' built on the blockchain
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' true identities." Blockchain technologies are touted as a way to create a tamper-proof record of ...
Source: zdnet.com
