Can Blockchain Provide an Overarching Solution for the Auto Industry?
▻https://hackernoon.com/can-blockchain-provide-an-overarching-solution-for-the-auto-industry-676
“Instead of having all connected cars report back to a single server, blockchain data is distributed amongst all members of the network. Hacking the system would require hacking all vehicles on the network at the same time, a virtually impossible task.” — Jim Milan, Communications Manager of online automotive retailer Auto Accessories Garage.Blockchain is rapidly intertwining with the auto industry, providing inspiration and hope for solving the many challenges that exist in this sector. A growing number of companies have announced plans to integrate blockchain into their business processes, including Porsche, Toyota, BMW, Mercedes, and Volkswagen, while industry experts attempt to tackle the latest disruption in the evolution of the world of vehicles.But what are they trying to solve?One (...)
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