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BMW, Bosch, Ford, General Motors, Renault, Ethereums ConsenSys, IBM, Hyperledger, Launch Mobility Open Blockchain Initiative

Published 3 May 2018 1 min read

By Adam

BMW, Bosch, Ford, General Motors, Renault, Ethereums ConsenSys, IBM, Hyperledger, Launch Mobility Open Blockchain Initiative

Some of the worlds biggest car manufactures, and some of the biggest tech powerhouses, have teamed up to launch the Mobility Open Blockchain Initiative (MOBI).

Chris Ballinger, former Chief Financial Officer and Director of Mobility Services at Toyota Research Institute, is MOBIs first Chairman and CEO. He said:

Blockchain and related trust enhancing technologies are poised to redefine the automotive industry and how consumers purchase, insure and use vehicles.