Tag: car

Jaguar-Backed Blockchain Startup Wants to Trade Tokens for Transport Data

Date: September 10, 2017 Category: Carco, CarcoHub, News Tags: , , , , , , , Comments: 0

A UK-based startup has announced an ethereum-powered platform aimed to reward users for sharing their transport data. DOVU, which reportedly already has notable investors on board, plans to create a secure environment for individuals and companies to share any data relating to mobility – such as location, distance traveled and weather conditions. According to TechCrunch, the startup has already received an undisclosed amount of funding from InMotion Ventures, an investment arm of automaker Jaguar Land Rover, and Creative England, a fund backed by the U.K. government for the support of creative industries. The data collected will be used to create more efficient services, such as combining "car data with insurance data to…

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Daimler’s €100 Million Ethereum Bond Is Bigger Than Mercedes-Benz

Date: July 20, 2017 Category: Carco, News, Partners Tags: , , , , Comments: 0

When the manufacturing company behind Mercedes-Benz issued its first blockchain bond last month, it did something that impacts much more than just a single automobile brand. As revealed to CoinDesk, the €100m bond, issued on a private version of the ethereum blockchainsignals the first step in a much larger plan by Daimler AG to explore the technology. But it's the type of bond – called a Schuldschein – that gives the project a truly global scale. Since the financial crisis of 2008, this German version of a private placement has seen an explosion of use around the world, now totaling more than €20bn annually. But while Daimler itself says…

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How Blockchain Tech Could Move Self-Driving Cars Into the Fast Lane

Date: May 30, 2017 Category: Carco, News Tags: , , , , , Comments: 0

A future with autonomous vehicles is fast approaching – and with it, the idea that blockchain could connect automobiles and other Internet-of-Things (IoT) devices is getting its fair share of attention. Even though smart houses (where doors, thermostats and appliances are connected to the internet for added functionality) may have seemed more trendy a year ago, blockchain startups are becoming drawn to the potential of connected cars. "Timing is everything," said John Gerryts, co-founder and CEO at Oaken. "Now is the perfect time to begin building this stuff out."   Read more: https://www.coindesk.com/blockchain-move-self-driving-cars-fast-lane/  

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