Volkswagen are becoming a popular name in the blockchain and crypto community. It is no secret that the car manufacturing giants ahed partnered with IOTA, and are researching blockchain and how it can be utilised to benefit both vehicles and the roads in general. Volkswagen (VW) confirmed earlier in the year that they are now working directly with IOTA on a proof of concept project, and now VW have just confirmed that they will be “putting blockchains on the road”.
In a recent tweet from @VWGroup they confirmed that they are “working full steam ahead on making super-safe #cryptosystems available to our customers. For filling the tank, unlocking your car – and all kinds of other possibilities”.Bringing #blockchain systems to the road: We’re working full steam ahead on making super-safe #cryptosystems available to our customers. For filling the tank, unlocking your car – and all kinds of other possibilities: #bitcoin #ethereum #iota— Volkswagen Group (@VWGroup) August 8, 2018 Volkswagen blockchain uses Volkswagen AG is testing blockchain systems. This crypto technology offers enormous potential for maintenance, logistics, self-driving vehicles, and specialized solutions such as tamper-proof odometers.
Volkswagen is testing blockchain for many different areas of their business, in fact the automotive industry may just have the most potential use cases from blockchain technology. For example blockchain could streamline car ownership and vehicle servicing. Temper-proof odometers would revolutionise the industry as currently their is no guaranteed way of knowing that the mileage on a car is 100% legitimate. There is also vast amounts of research going into self driving vehicles and blockchain technology would certainly be implemented into this industry.
Benjamin Sinram and Nicolai Bartkowiak from Volkswagen Group IT have been exploring into blockchain concepts and the potential benefits which they have been discussing with over 300...