Cookie policy: This site uses cookies (small files stored on your computer) to simplify and improve your experience of this website. Cookies are small text files stored on the device you are using to access this website. For more information on how we use and manage cookies please take a look at our privacy and cookie policies. Some parts of the site may not work properly if you choose not to accept cookies.

sections
Home > Group M_IBM Q3'19 > Daring to be first: how auto pioneers are taking the plunge into blockchain
 

Daring to be first: how auto pioneers are taking the plunge into blockchain

White Paper Published By: Group M_IBM Q3'19
Group M_IBM Q3'19
Published:  Jun 24, 2019
Type:  White Paper
Length:  24 pages

The advantages blockchain can bring to the automotive ecosystem, both in facilitating collaboration among participants and enabling capabilities for new mobility business models, have gotten the attention of automotive executives. In addition to enabling a single source of data, blockchain can facilitate device-to-device transactions, smart contracts, and real-time processing and settlement. For the automotive industry, this translates into improvements and operational efficiencies in areas such as supply chain transparency, financial transactions between ecosystem participants, authenticating access to cars, and customer experience and loyalty.



Tags :