The BMW Group has increased its capacities for utilizing blockchain technology to provide its staff with the tools they need to create high-quality vehicles. According to the press release, BMW has faced great difficulty when tracking specific parts that need to be changed or simply weren't of sufficient quality. Finding the manufacturer often involved a…
There is now little debate that an altcoin market recovery is underway. Although numerous comparisons will no doubt be made to the events of 2017, in all likelihood this bull run, should it continue, will have a life of its own. Already one difference is the degree of diversity seen in the value gains among…
As various global enterprises explore the integration of blockchain technology, there is little doubt that the automotive industry will be one of the earliest to be disrupted. There are multiple use cases for distributed ledger technology across this vast sector, and now competition among advocates and development teams for adoption is heating up. On the…
On April 18th the VeChain Foundation held its first World Summit in San Francisco, which drew developers, investors, and business leaders from around the world to explore use cases for its blockchain platform. VeChain Thor, or simply “VeChain,” has emerged over the past several months as one of the most promising platforms for a wide…
The automotive industry has always embraced innovation and efficiency, and key players in the field have begun taking steps to use distributed ledgers in a variety of applications. These moves will place blockchain technology at the forefront of one of the world’s most significant business sectors, and revolutionize how people, and goods, are moved. They…