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

3rd May 20183rd May 2018 BCTechreportautomobile blockchain, bctech, bctech report, blockchain, Blockchain at Berkeley, blockchain automotive, blockchain consortia, blockchain consortium, blockchain for cars, blockchain news, blockchain regulations, blockchain stock exchange, blockchain supply chain, blockchain technology, blockchain technology news, blockchain value, bmw blockchain, bosch blockchain, distributed ledger technology, ethereum, Ford blockchain, General Motors blockchain, GM blockchain, hyperledger fabric, ibm blockchain, investing, MOBI, Mobility Open Blockchain Initiative, renault blockchain, US blockchain regulation

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.