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Ford Motor Company to Serve as Advisor for Cardano's Decentralized Cloud Service Protocol Lagon

Summary: According to Cointrust, Ford Motor Company has announced that it will serve as an advisor for Lagon, a decentralized cloud service based on the Cardano blockchain. This collaboration signifies the automotive giant's further foray into the blockchain space. Ford will partner with legal tech company CloudCourt to conduct a Proof of Concept (PoC) project focusing ...

According to Cointrust, Ford Motor Company has announced that it will serve as an advisor for Lagon, a decentralized cloud service based on the Cardano blockchain. This collaboration signifies the automotive giant's further foray into the blockchain space. Ford will partner with legal tech company CloudCourt to conduct a Proof of Concept (PoC) project focusing on the digitization and security of legal data. The project aims to address a longstanding issue for large enterprises: managing and protecting sensitive legal documents such as court records, testimonies, and compliance reports. By combining Cardano blockchain with AI technology, the project will provide immutable audit trails for legal documents in a zero-trust architecture.

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