Blockchain Becoming Integral To Leading Vehicle Brands With The Future In Mind

Throughout the expansion of blockchain into enterprise usage, there has been a steady'arms' race developing between vehicle manufacturers looking to integrate the technology for better efficiencies. Automobile production has long been at the forefront of technological advances, and thus, it makes sense that brands like Mercedes, BMW, Daimler, GM, and a host of others would be driving adoption. The ability of the blockchain to be applied in so many different sectors and the reliance on automobile production on an array of niches means that this match has a lot of potentials that are just starting to be tapped. The likes of BMW and Ford are backing the blockchain to ensure responsible sourcing of cobalt for their manufacturing; Daimler is piloting machine-to-machine payments using a blockchain platform without any human interaction; GM has a patent out for a blockchain-powered solution to manage data from autonomous vehicles; the list goes on, and is very broad. The drive from car manufacturers into the blockchain space may not grab the same headlines as when Google, Facebook, IBM, and other tech giants delve into the new space, but this ongoing push to integrate the technology is essential and vital for growth.