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Topic: Porsche introduces blockchain to cars - page 2. (Read 721 times)

member
Activity: 434
Merit: 10
Porshe will be the first automobile company to introduce blockchain to cars, the Zuffenhausen-based automobile company will start implementing and testing blockchain features in a car. According to the sources, blockchain technology application have to be tested for locking and unlocking the car.

This is quite an achievement for the crypto community because if it will be implemented then this is going to much more near to realistic that crypto will be much more useful to our society. Also, the company definitely understand the blockhain technology and maybe they will make more research about it.
full member
Activity: 518
Merit: 101
Porshe will be the first automobile company to introduce blockchain to cars, the Zuffenhausen-based automobile company will start implementing and testing blockchain features in a car. According to the sources, blockchain technology application have to be tested for locking and unlocking the car.
hero member
Activity: 888
Merit: 500
If blockchain technology is used by the automotive industry this might be great, with the existence of this system would be helpful to control the automotive database although it is currently under consideration but this will happen. Imagine if we can buy a famous car like a porsche, this will facilitate our payment, a fast payment process and this will save time for consumers in buying a car.
member
Activity: 292
Merit: 11
In the right direction, Porsche is developing, it will give a good defense against criminals.
The history of the car can not be changed!
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
Many large corporations are keying into the blockchain technology not just Porsche. Forward thinking corporations know that digital currency is the future and early birds end up at the apex of the revolution. I expect more adoption of blockchain technology in the future.

Corporations are not interested in digital currency (cryptos or whatever) and don't care about it. A lot are "betting" on the blockchain technology with as a major reason: reducing the costs, which mean more profits, better ROI. One of the other reason is the security.

As for Porsche, I didn't remember what they did but I know they are not the only one, Not sure which one (Toyota?) jumping on the blockchain train as well
jr. member
Activity: 206
Merit: 2
Many large corporations are keying into the blockchain technology not just Porsche. Forward thinking corporations know that digital currency is the future and early birds end up at the apex of the revolution. I expect more adoption of blockchain technology in the future.
newbie
Activity: 76
Merit: 0
Here's the official press release: https://presse.porsche.de/prod/presse_pag/PressResources.nsf/Content?ReadForm&languageversionid=833328

I think this is the type of news that tends to shut up crypto deniers. If the auto industry starts using blockchain tech, it's going to be huge. What do you guys think?
I think Porche is not the first big company who uses blockchain technology. There are lots of companies who are also using this technology like the Toyota and Kodak. It is a good news that slowly the companies started trusting the blockchain.
Yeah, the use of blockchain is increasing pretty fast in most of the big companies in most especially the developed world. Normally, it is obviously by now that blockchain technology is the future and it is about time before we started seeing a lot of these big companies popping up actually to make use of this for a lot of greater benefit for the future. The earlier they started being part of the future, the better and that is one thing with innovation.
full member
Activity: 1064
Merit: 102
Here's the official press release: https://presse.porsche.de/prod/presse_pag/PressResources.nsf/Content?ReadForm&languageversionid=833328

I think this is the type of news that tends to shut up crypto deniers. If the auto industry starts using blockchain tech, it's going to be huge. What do you guys think?
I think this is a good development in the space like you said, it will be huge for such a big sector to use blockchain technology, as regard the price of crypto the development will help it to soar more people will also get to be exposed to blockchain technology through the  sector use of blochain tech.
member
Activity: 392
Merit: 11
Here's the official press release: https://presse.porsche.de/prod/presse_pag/PressResources.nsf/Content?ReadForm&languageversionid=833328

I think this is the type of news that tends to shut up crypto deniers. If the auto industry starts using blockchain tech, it's going to be huge. What do you guys think?

Actually, this is good news for us. Right now, a lot of industries become aware about Blockchain and Cryptocurrency technology. I also see many ICO already doing this type of project, which combine between automotive industry and Blockchain technology. I can give an example DOVU https://coinmarketcap.com/currencies/dovu/
newbie
Activity: 42
Merit: 0
That’s great news. If this goes well this could be huge.
jr. member
Activity: 238
Merit: 4
This could be good to the fame of cryptocurrencies. The only thing I would like to ask is how will they be keeping this moving as we know there are so many in competition. Though one thing is for certain which you are right about, it will create a trust and confidence for investors of cryptocurrencies.
newbie
Activity: 55
Merit: 0
Its already told before, the btcs will be opening new horizons in different wings of the world and as so, its demand is incresing.
jr. member
Activity: 238
Merit: 6
I think these are the first steps to autonomous driving and this can help blockchain.
hero member
Activity: 756
Merit: 500
Here's the official press release: https://presse.porsche.de/prod/presse_pag/PressResources.nsf/Content?ReadForm&languageversionid=833328

I think this is the type of news that tends to shut up crypto deniers. If the auto industry starts using blockchain tech, it's going to be huge. What do you guys think?
They are not the first to do so, I have heard of a different car brand that is accepting Bitcoin as a mode of payment and it seems like that was Lamborghini, can’t remember, but someone mentioned it in this forum. So Porsche is not the first to do that. There are also big stores where cars are being sold for cryptocurrencies (especially Bitcoin) and I have also seen a lot of people that bought cars using Bitcoin.
newbie
Activity: 89
Merit: 0
Oh, holy shit! If its not an FUD then its surely gonna open a new corridor in blockchain ecosystem!
newbie
Activity: 60
Merit: 0
see the news and Get a life Crypto deniers XD
hero member
Activity: 2968
Merit: 640
Here's the official press release: https://presse.porsche.de/prod/presse_pag/PressResources.nsf/Content?ReadForm&languageversionid=833328

I think this is the type of news that tends to shut up crypto deniers. If the auto industry starts using blockchain tech, it's going to be huge. What do you guys think?
Yes you are right it would become huge if bitcoin could be used in buying cars,automotive products.It would such a great opportunity for bitcoin holders to own luxury cars by using their bitcoins without converting it to fiat.This seems a very fastest way for payments that doesn't need to bring thousands or millions of money in purchasing cars.
Not just cars. It would really be very nice to see bitcoin being used generally in real life for payment purposes. Right now, the only thing we have in our hands is just a mere speculative asset and that is really not good, which is the main reason why we get to see the value of bitcoin fluctuating pretty huge and fast easily. As long as we can start having some real life usage as currency, I believe things would get better. This is obviously a good step and we would like to be seeing more from all phase of businesses across the world.
legendary
Activity: 1652
Merit: 1057
Here's the official press release: https://presse.porsche.de/prod/presse_pag/PressResources.nsf/Content?ReadForm&languageversionid=833328

I think this is the type of news that tends to shut up crypto deniers. If the auto industry starts using blockchain tech, it's going to be huge. What do you guys think?
im a big fan of Prosche so im so happy to read and hear about they blockchain technology where they introduce their cars in cryptocurrency earners i think we should follow this campaign for us to have and own a car. maybe we should make a group for this so we can talk about this platform. goodluck for us. im looking forward to this
What are you even saying ? You sounded more like someone who is lost or totally delusional and I can bet you did not even read the press release. Not surprised though! Introducing blockchain technology or making use of it does not have anything to do with campaign. Looking at your post history, I urge you to at least once in a while; stop embarrassing yourself in a public forum. That is by the way! This is a brilliant one for this auto industry and if so many other bigger companies can keep taking steps like this, it would mean a lot for the future of blockchain technology.
newbie
Activity: 112
Merit: 0
Fundamental article.This helps in locking and unlocking the vehicle via an app, temporary access authorisations and new business models based on encrypted data logging.
sr. member
Activity: 994
Merit: 391
There are many industries which have started to use blockchain technology. Even some governments. And some other is searching for this brilliant technology. In the near future, we are going to see many new areas of usage.
I think one of the biggest areas of usage could be education.
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