Introduction In a digital age where cryptocurrency is gaining immense popularity, a recent incident involving a teenage hacker and a BMW sports car has captured the attention of both the cybersecurity community and the broader public. This article delves into…
BMW Utilizes Coinweb and the BNB Chain For Its Blockchain Loyalty Program.
BMW plans to incorporate blockchain technology into its daily operations and develop a blockchain loyalty program for its Thai customers. Architecture and Transaction Infrastructure The well-known automaker has chosen blockchain infrastructure firm Coinweb as its decentralized architecture provider, as well…
BMW blockchain initiatives pick up pace with the company hosting MOBI
BMW is increasingly embracing blockchain. The company’s seriousness about the technology once again finds expression when they hosted Mobility Open Blockchain Initiative (MOBI) in their Munich IT center.
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…