Ford and Toyota Double Down on Blockchain Amid Driverless Car Technology Stagnation
Wednesday, 11 September 2024, 10:37
Current Developments in Blockchain Vehicle Technology
Ford and Toyota are making significant strides in blockchain technologies while driverless car advancements seem to hit a plateau.
Ford's Innovative Patent Filings
- Ford's recent patents focus on enhancing vehicle security through blockchain.
- Integration of smart contracts to automate transaction processes.
Toyota's Strategic Moves
- Toyota is exploring blockchain for improved supply chain management.
- Emphasis on safety features leveraging blockchain's transparency.
Both companies aim to utilize blockchain solutions to maintain their competitive edge in the automotive sector, reinforcing their commitment despite the lull in driverless technology.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.