Giant automakers form blockchain consortium

There’s a now a blockchain consortium for the automobile sector. The Mobility Open Blockchain Initiative (MOBI) has been formed, with participation from giant automakers BMW, Ford, General Motors (GM), and Renault. The automotive sector is clearly the next frontier for…

BMW partners with blockchain start-up to source ethically sourced Cobalt

German automobile giant BMW is working towards eliminating Cobalt produced by child labor from their batteries. They have partnered with Circulor, a London, UK-based blockchain start-up for this project. Majority of companies manufacturing electronic and electric vehicles need a large…