Ford, BMW back blockchain 'birth certificates' to combat used car fraud
A global automotive consortium is leveraging blockchain-based “birth certificates” to track the purchase and maintenance history of secondhand vehicles. The Mobility Open Blockchain Initiative, or MOBI, a non-profit consortium of the world’s top vehicle manufacturers including Ford and BMW, has launched an initiative to combat fraud in the secondhand markets with blockchain-powered “birth certificates.”The initiative will leverage blockchain to track the registration and maintenance history of vehicles using MOBI’s second vehicle identification standard, “VID II.” The system will help....
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Leading automotive company Ford has filed 19 trademark applications related to possible metaverse activities. In the documents, the company hints at the potential launch of Ford-branded NFTs (non-fungible tokens) on its own marketplace, and also refers to the offering of virtual models of its cars, including Mustang, Mustang Mach-E, and the Bronco.
Ford Hints at Metaverse Move
Ford, one of the biggest U.S.-based automotive brands by sales, has introduced several trademark applications to the U.S. Patent and Trademark Office (USPTO), preparing for a potential push into the....
Ford Motor, a world-renowned U.S. car maker, is maneuvering towards the -fungible tokens and the metaverse as it files for 19 trademark applications for its American car brands with the U.S. Patent and Trade Office (USPTO). Ford dipping into the metaverse and NFT or Web3 ecosystem came after the company led by Jim Farley, Ford […]
A new standard developed in a MOBI working group is aimed to tackle used car fraud with verified car histories.
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A South African university has said starting this year it will issue blockchain-based certificates to students graduating from the learning institution. University administrators argued that a blockchain-based certification system will help prevent fraud and end the production of fake documents. QR Code for Each Certificate A South African learning institution, the University of Johannesburg (UJ), has said it will issue blockchain-based certificates to its graduates starting this year, a report has said. According to the report, each qualification document issued by the university will....