In AutomotiveIT Magazine, which among other things reports on IT trends in the automotive industry, a very interesting article was published in the latest issue for all fans of blockchain technology – and especially for the community of the crypto-currency VeChain.
According to the report, which is based on forecasts by Simon-Kucher & Partners, the market volume for the blockchain in the auto industry is expected to reach 104 billion euros by 2030. Part of this will fall on the category of dApps, so-called distributed applications. Not only smartphones and computers collect data, but also cars store more and more information and process it further. But on the used car market, there is a big problem: manipulated mileage.
With the help of the VeChain Public Blockchain and the dApp “VerifyCar” from BMW this problem should be…