Tag Archives: Vehicle

BMW Blockchain Trial Uses Cryptocurrency Tokens to Improve Mileage Tracking

DOVU, a London, U.K.-based provider of a blockchain-based data marketplace for the transportation industry, recently completed a test with BMW to use ERC-20 tokens and blockchain technology track vehicle mileage, according to a DOVU article posted on Medium. BMW invited DOVU to participate in its innovation lab, which seeks new and disruptive ideas. The 10-week pilot began Jan.15 at the London BMW headquarters. Continue reading BMW Blockchain Trial Uses Cryptocurrency Tokens to Improve Mileage Tracking

Ford Wins Patent for Cryptocurrency-Fueled Vehicle Technology

Americans could soon be doing cryptocurrency transactions from their vehicles and arriving at their destinations faster. A subsidiary of Dearborn, Mich.-based Ford Motors has been granted a patent by the United States Patent and Trademark Office for a cryptocurrency-fueled technology to power its cars. It’s called the Cooperatively Managed Merge and Pass (CMMP) It was filed in 2016 and was just granted to Ford Global Technologies. Continue reading Ford Wins Patent for Cryptocurrency-Fueled Vehicle Technology