Automotive Industry News

HGreg, a car dealership company with locations in the U.S. and Canada, would begin accepting bitcoin and other cryptocurrencies as a payment method for its vehicles.   HGreg Blazes Trail With Crypto Payment Support The company made the announcement via a…

Hyundai Motors has joined the growing league of car manufacturers actively exploring distributed ledger technology (DLT). The firm is looking to use revolutionary technology to verify the authenticity of its car parts and curb counterfeiting, according to a LedgerInsights report…

Automobiles giants including GM, Ford, BMW, Renault, and Honda among others, are coming together to leverage blockchain technology to explore new and disruptive ways to manufacture cars and diversify revenue streams. This, according to a Forbes report published on October…

U.S.-based automobiles firm Ford announced that it would use distributed ledger technology (DLT) and geofencing to keep track of “green miles” driven by its newly-launched energy-efficient vehicles, October 15, 2019, Tracking “Green Miles” Via Blockchain In a press release issued…

Mercedes Benz, one of the most respected and well-known automobile companies in the world announced on  February 25, 2019, that it will be utilizing blockchain technology for a more transparent supply chain. About The Announcement It should be noted that…