Mercedes-Benz Leverages on Blockchain for Secure, Tamper-Proof Data Tracking, Powered by PlatON

Collaboration will be launched in Beijing to bring greater cost-efficiencies and auditability to Beijing’s billion-dollar used car market   Beijing, China – PlatON, the pioneering global privacy-preserving computing network, has developed a bespoke blockchain-based ‘Vehicle Residual Value Management Platform’ for the used car business line of Beijing Mercedes-Benz Sales Service Co.,Ltd. (BMBS). The platform will store static data and dynamic data, which will be used automatically compute a vehicle’s residual value throughout its lifecycle.   Ada Xiao, CSO at PlatON, said, From electric vehicles to driverless cars, emerging technologies have…

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Porsche Racing to the Blockchain

On Feb. 22, high-performance sports car, sedan, and SUV manufacturer Porsche, announced that it became the first car company in the world, in collaboration with German start-up XAIN, to successfully integrate and test blockchain in a car.     What can a blockchain do in a car?   Porsche believes it could have many applications such as locking and unlocking your vehicle, as well as opening doors, through an app could be done up to six times faster through blockchain since data doesn’t have to be processed through a server.…

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7 Trends and Dangers of the Connected Car of the Future

What happens when AI [Artificial Intelligence], driverless cars and the connection to the internet meet?   Radical transformation…     Let’s look at that future: An entirely autonomous car transports a person to their destination without any need for a  or attention to the road. Inside the vehicle is all the entertainment, information, and communication. Every aspect of personal comfort is taken into consideration, from the temperature of the interior to the tinting of the windows to prevent glare or even the personalized adjustment of ambient lighting to create the…

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