BMW News

A global automotive consortium is leveraging blockchain-based “birth certificates” to track the purchase and maintenance history of secondhand vehicles.

The initiative wants to set clear boundaries for the personal data accessed by third parties.

The car manufacturer is trialing the new blockchain system, which offers customers tokenized loyalty points, before its potential rollout worldwide.

World-famous car manufacturer BMW Group plans to roll out its blockchain supply chain solution to 10 suppliers this year.

Government-backed Tribe will now offer its startups shared expertise in the mobility industry and blockchain tech production.