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Crypto Startup VeChain And BMW Developing Auto Security Platform

Tracy CHEN

Summary: VeChain is teaming up with German carmaker BMW to develop an auto security platform that keeps vehicles free from forgery, The DailyHodl reported. The two companies plan to roll out the blockchain-based decentralized application (dApp) VerifyCar, which would collect vehicle data such as mileage, repairs, and additional services. The dApp will run on the VeChainThor ...

VeChain is teaming up with German carmaker BMW to develop an auto security platform that keeps vehicles free from forgery, The DailyHodl reported. The two companies plan to roll out the blockchain-based decentralized application (dApp) VerifyCar, which would collect vehicle data such as mileage, repairs, and additional services. The dApp will run on the VeChainThor blockchain which would keep the data secure and untampered.

Tracy Chen

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