Volkswagen Group to use blockchain technology in their cars

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3 months ago
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Leading German manufacturer Volkswagen has announced on Twitter that it is putting blockhain technology to real use in another significant endorsement from an industry giant. The company stated that the crypto technology offers big potential for maintenance, logistics, self-driving vehicles, and specialized solutions such as tamper-proof odometers.

Volkswagen also underlined that blockchain covers a lot of different approaches, all of which have one thing in common: they are very safe. Most of them have been used for virtual coins, such as Bitcoin, IOTA, and Ethereum. But this new technology will explore an ever greater number of applications. Benjamin Sinram and Nicolai Bartkowiak from Volkswagen Group IT are currently studying possible applications and have developed a network of nearly 300 employees in the Volkswagen Group, who share ideas on this topic and meet several times a year.