The Mobility Open Blockchain Initiative has partnered with a consortium of automakers to develop a rroof of concept for a blockchain-based vehicle identity platform.

The concept will be based on a vehicle identity standard which was released by members of the Mobility Open Blockchain Initiative in September this year.

Using blockchain for vehicle identity makes it easy to associate vehicle payments directly to a vehicle rather than needing a payment account associated with a person or business.

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Source: Smart Energy International

Categories: Industry News

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