blockchain automotive supply chain FTSE / NASDAQ NEWS 

Auto Giant UMVA China Partners with Guardtime’s Aletheia for a Blockchain Automotive Supply Chain

China’s largest auto industrial supply service platform, UMVA-China has partnered with Aletheia, the Chinese arm of Guardtime, to develop enterprise level blockchain automotive supply chain solutions. Many of the world’s largest manufacturers including Ford, Volkswagen, Mercedes-Benz, Volvo, Toyota and Chevy are clients of UMVA-China, for which it provides a comprehensive service that includes supply chain finance, cloud logistics, big data and supply chain intelligence. UMVA-China is a joint venture of Gongqing Journey Fund, Fuerda, Huaxiang Electronics, Daylight Group and other leading auto parts companies, and plays a major role in connecting the automobile industry…

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blockchain for cars bmw FTSE / NASDAQ NEWS 

BMW, GM, Ford and Renault Join to Build Blockchain for Cars

Four of the world’s largest automakers that account for a market share of over 70 percent of global vehicle production, join to build blockchain for cars. The Mobility Open Blockchain Initiative is formed by BMW, General Motors, Ford, Renault, IBM, and 30 others. With an impressive team of the ‘Who’s Who’ in blockchain, including Brian Behlendorf, executive director of Hyperledger and Joseph Lubin founder of ConsenSys and a co-founder of Ethereum. Partners will collaborate to develop use cases, beginning with vehicle identity and history.

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