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Ripple-Backed Omni Rentals to Shut Down by Late 2019: Report

News Omni Rentals, a $35 million-funded storage and rental startup backed by major crypto firm Ripple, is reportedly shutting down its operations. As Omni is expecting to close its platform by the end of 2019, about 10 of Omni’s engineers will be hired by major American crypto exchange and wallet ..

HashCash to Trace Mineral Supply Chain From Congo For Car Manufacturers

News Blockchain company HashCash Consultants has announced a partnership with a group of international car, mining and battery manufacturers to develop a blockchain-based supply chain network to track minerals. As Business Insider reported on Nov. 18, the parties are planning to build a blockchain..

Lamborghini Now Uses Salesforce Blockchain to Certify Heritage Cars

News Italian luxury sports car brand Lamborghini is using Salesforce Blockchain to authenticate heritage Lamborghini cars. Salesforce, a major global customer relationship management firm, announced on Nov. 19 that Lamborghini can now trace, certify and authenticate heritage cars faster and more s..

Volvo to Use Blockchain-Traceable Cobalt in Its Electric Car Batteries

News Automaker Volvo announced on Nov. 6 that it will use cobalt tracked on a blockchain for its car batteries following the unveiling of its fully electric XC40 Recharge model last month. “Transparent and reliable shared data network”Volvo has reached an agreement with its two battery suppliers, ..

Blockchain Startup Raises $5M to Automate Airport Security Checks

News Blockchain startup Zamna raised $5 million to automate airport security checks using blockchain and biometrics technology, tech news outlet Silicon Republic reports on Oct. 28. The startup plans to use the funding to deploy its Advance Passenger Information platform. Zamna also said that Inte..

Blockchain and DNA-Based Fuel Tracking Solution Launches Commercially

News Bunkertrace, a blockchain and DNA-based fuel tracking solution, is using DNA markers to trace bunker fuel oil throughout the supply chain. On Oct. 21, in an article by the American Journal of Transportation, Bunkertrace announced its commercial launch after a successful trial in the Netherlan..

BMW, General Motors, Ford to Start Testing Blockchain Payments in Cars

News Five major automakers — BMW, General Motors, Ford, Renault and Honda — will start testing a blockchain car identification and payment system next month in the United States. Automakers envision self-paying cars, digital IDsNikkei Asian Review reported on Oct. 14 that the partnership aims to t..

Indian Car Manufacturer Tata Motors Calls for Automotive Blockchain Tech

News Indian automobile manufacturer Tata Motors wants to integrate blockchain solutions into its internal processes as part of a newly launched program for startups. As Business Insider India reported on Sept. 18, Tata Motors has rolled out a program for startups dubbed “Tata Motors AutoMobility C..

Continental Unveils Demo Earning App for Blockchain-Based Car Platform

News Automotive supplier Continental has unveiled an application called Earn As You Drive, which uses blockchain technology to monetize car user information. Parking space data for digital currencyForbes reported the news on Aug. 29. Per the report, Continental has partnered with tech firm Hewlett..

Jaguar Uses Iota in Proof-of-Concept Demo for Tracing Car Energy

News Distributed ledger technology (DLT) company Iota partners with auto manufacturer Jaguar Land Rover for a proof-of-concept (PoC) demonstration for tracing car energy with DLT. Tracking energy source and usageIota announced the news in an official blog post on Aug. 30. Per the announcement, Iot..

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